Holding their head offices in Leeds, Callcredit are one of the market leaders in the credit reference industry – second only to Experian.
Owned by Skipton Building Society, they supply services to businesses looking into the financial past of individuals – normally triggered as a result of a consumer credit application. The strength of the infrastructure made for this core product has meant that Callcredit are leading providers in fraud prevention and the tracing of debtors.
With comprehensive data on so many UK-based businesses, it’s inevitable that Callcredit are also a major player in supplying data for direct marketing needs.
Callcredit boast that their clients include market leaders in the legal, financial, utilities and telecoms industries – and following the credit crunch, this list of businesses has consistently risen. As a result of this growth, Callcredit have diversified in recent years – acquiring system developers Legatio and database experts Broadsystem in recent years.
The company also allow customers to monitor their own credit rating through Credit Compass (previously Callcredit Check). Generating an in-depth personal credit report that updates daily, the service also gives access to advice from Callcredit’s experts and can reportedly help fight identity theft.
Callcredit also run a free version of this consumer credit check service under the name Noddle. Though it is essentially a lower quality version of Credit Compass, it is able to provide advice on the likelihood of success in applications for credit cards and loans from each high street lender.