What details do banks see when they do a credit check?

Question

I am applying for a mortgage and I am wondering what details banks see when thy do a credit check. Do they see who you own money and how much? Or do they just see like a numbered rating?

Could you also please explain any terms that might come up, such as certain capacities and what all that means?

Answer 1

you need to get hold of your own report so you can see for yourself.
Yes they see who you owe money to, how much, for how long and whether you are making the agreed repayments on time. I seem to remember there's a numbered rating for each month's repayments with, say, 0 indicating a late payment, 1 indicating payment made on time, etc. It will also list your county court judgments if any, and any defaults.
But do get hold of your own report so you know what the bank will be seeing. It's only £2 from
www.experian.co.uk

Answer 2

I have access to experian reports and see them all day long, they have all of your previous addresses that you have credit at and records of CCJs (county court judgements) defaults, bankruptcy orders and also records of your credit card and loan payments. You would be amazed what I see, and I still get them mortgages!

Answer 3

address, your credit background, repayment capacity and stability of employment, locality grading

Answer 4

They see both & more.

Answer 5

all of them