15 October 2008
Mercantile agencies provide lenders with credit rating information and similar services, but what are they saying about you? There are regulations in place that force mercantile agencies to supply you with some information that they hold on you if you request it, such as your credit history. Your credit history can have an incredible impact on your ability to borrow and simple mistaken identity could see you with a much poorer credit rating than you deserve. To ensure your credit rating has not been unfairly smeared, it could be advisable to apply for information from mercantile agencies.
