In order to process your application we will supply your personal information to credit reference agencies (CRAs) and they will give us information about you, such as your financial history. We do this to assess creditworthiness and product suitability, check your identity, trace and recover debts and prevent criminal activity.
The legal bases for such transmissions are found in Article 6, paragraph 1, letter b (contractual) and Article 6, paragraph 1, letter f (legitimate interest) of the EU General Data Protection Regulation.
We will also continue to exchange information about you with CRAs on an ongoing basis, including about your settled accounts and any debts not fully repaid on time. This information may be supplied by CRAs to other organizations to perform similar checks and to trace your whereabouts and recover debts that you owe. Your data will also be linked to the data of any joint applicants or other financial associates.