DWP Bank account checks for UC & NSESA

Hi Jane

The DWP does not supply information to credit reference agencies. I think you are asking the wrong question here as financial institutions supply a lot of personal client information directly to credit reference agencies.

David

Hi Jane

The following is the sort of information banks and Building Societies supply to Credit Reference Agencies:

1. Identification / personal data
Full name, any previous names / aliases used on the account
Date of birth
Current address and previous addresses linked to you
Electoral Roll flag from the account opening

2. Product / account level
Account type - e.g. current account, personal loan, mortgage, credit card, overdraft, secured loan
Provider name
Date account opened / start date
Account number (masked) and role - sole / joint / guarantor
Credit limit or original loan amount, and current balance / overdraft limit
Mortgage specifics - property value, repayment type, term

3. Repayment / conduct data - this is the core of it
Monthly balance
Monthly payment due and payment made
Repayment history for last 6 years, month by month, using status codes: 0 = up to date, 1 = 1 month behind, 2 = 2 months behind... up to 6 = 6+ months behind, plus D = default, S = settled
Default data - date of default, defaulted balance, date satisfied if paid
Overdraft usage - whether you go over an arranged limit, and if you have an unarranged overdraft

4. Arrangement / forbearance flags
Arrangement to Pay, payment holiday, reduced payment plan, forbearance due to financial difficulty
Managed account / debt management plan flag

5. Other account statuses
Settled / closed date and final balance
Voluntary termination / repossession for secured loans
Account disputed / fraud flagged
Gone Away / address unknown - if mail

David