Credit Checks And Sharing Your Information
Before we enter into the contract with you, and during your contract with us, we look at any information we have, and we may share your personal information with credit reference agencies and/or fraud prevention agencies.
We reserve the right to apply for information on all customers. If you have named another person on your Economy Seven account,
you must make sure they know we may perform a credit check on them.
Information supplied to us may be used to:
Verify your identity and banking details (using services such as Experian).
Make decisions on credit and credit-related services that we may provide to you, your partner, or other members of your property (including relating to payment).
Use scoring methods to assess your application and help us choose what plan and payment method is right for you.
Prevent crime, fraud and money laundering.
Check the operation of your credit-related accounts.
Manage your personal, your partner’s and/or business (if you have one) credit or credit-related account or other facilities by the credit reference agency.
Trace your whereabouts and recover debts that you owe.
Undertake statistical analysis and testing, which could include personal details and your energy use. This could be used to create personal profiles.
This request will stay on your credit checking history (a footprint), whether you join Economy Seven or not. It may also affect your credit rating.
Based on your credit check, we may ask you for a security deposit.
If you fail to pay us any money you owe this information may be passed to credit reference agencies and/or fraud prevention agencies. The credit reference agencies keep records for six years after:
Your account has been closed;
You pay the debt; or
Someone takes action against you to recover the debt.
You can contact the credit reference agencies currently operating in the UK – their current details are below. The information they hold may not be the same so it is worth contacting them all. They will charge you a small statutory fee.
CallCredit, Consumer Services Team, PO Box 491, Leeds, LS3 1WZ or call 0870 0601414.
Equifax PLC, Credit File Advice Centre, PO Box 3001, Bradford, BD1 5US or call 0870 010 0583 or log on to www.econsumer.equifax.co.uk/consumer/uk/showmyequifax.ehtml
Experian, Consumer Help Service, PO Box 8000, Nottingham NG80 7WF or call 0844 4818000 or log on to www.experian.co.uk