Finance Glossary

Credit Reference Agency

An organisation that collects and maintains credit data on individuals and businesses, which lenders use to assess creditworthiness. In the UK there are three main credit reference agencies: Experian, Equifax, and TransUnion. Each holds slightly different data, so your credit score may vary between them. You have the legal right to access your data from each agency.

Related terms

Experian
The largest credit reference agency in the UK by market shar
Equifax
One of the three main credit reference agencies operating in
TransUnion
One of the three main credit reference agencies in the UK, f
Credit File
A detailed record held by credit reference agencies that doc
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