Current Account

Is there a credit check for the thinkmoney credit facility?

We don’t currently do any credit checks when you apply to get the thinkmoney credit facility. So your credit history won’t affect the decision on whether you get accepted or declined.

When you apply, we will do affordability checks. We use these to assess whether or not you’ll be able to keep up with the repayments and this helps to decide whether you’ll be accepted or declined, and what credit limit you’ll get.

We’ll also report to the credit reference agencies on how you manage your credit facility repayments.

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