Credit Reference Agencies
Commons · Question 9095 · Tabled 11 Jun 2026 · Treasury · Official record
Answered 17 Jun 2026
Question
Asked by Kate Osborne
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the length of time Credit Reference Agencies retain information on defaults; and what assessment she has made of the potential merits of limiting that length of time,
Answer
Answered by Rachel Blake, 17 Jun 2026
Credit files play an important role in supporting informed and responsible lending decisions. They should contain factual information, including records of defaults, which typically form a key part of lenders’ assessments of creditworthiness. Organisation...