A total of 77% of consumers are unaware potential employers may use credit checking as part of their application process, according to research by credit reporting service Noddle, part of Callcredit Information Group.
The survey of 1,536 people also found 86% thought banks are the only user of credit reports, while 45% and 51% of respondents were unaware telephone operators and utility companies check credits reports, respectively.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Tom Ilube, founder of Noddle, said: "It’s important for consumers to know what information is held on their report and how it’s used as it can affect so many areas of a person’s life. Our research has confirmed that many people are still unclear about what their credit file is used for.
"Credit reports are used much more widely than people realise."
