credit report updates and alerts

Credit Report Updates

What type of changes result in the report being updated?

Analysed Accounts
Filing History or Directory Data
CCJ
Filed Accounts Dates
Interims
Accounts Reference Date
Bankruptcies
Passage of time, special request, model change, industry averages change

How long after document filing is the report updated?

Most changes will be factored into the score/limit within less than 24 hours of receipt, unless the filed information is the accounts, in which case the figures must be analysed first.

Financial analysis usually takes place within a few days of receipt, but can vary depending on the time of year.

What happens when new accounts are filed?

If you have signed up for company monitoring alerts:

- You will receive an email alert advising you that latest accounts have been filed, with an option to purchase a copy of the original accounts converted to PDF for you to download.

- We analyse these accounts and update the company report to include a new Risk Score and Credit Limit.

- You will receive another email advising you that the credit report has been updated, with an option to purchase the updated report. This will include figures from the latest accounts along with the new Risk Score and Credit Limit.

Can i be notified of these changes?

Yes. We offer free company monitoring. All you need is a valid email address and you can monitor an unlimited number of companies for change. We can alert you for all or some of the changes listed above. For more information please see Company Monitoring.