If you believe someone has fraudulently accessed or used your personal information (or is likely to do so), you should check your credit file for any suspicious transactions and also request illion to place a Suppression Report on your credit file.
Your Credit File is a secure file illion keeps of applications for credit, and transactions in repaying credit, on your behalf. Credit providers review your Credit Report to determine if an application for credit is likely to be repaid based on your previous behaviour.
Checking your credit report is an important way of determining if any credit applications have been made in your name without you knowing. The way to access your credit report is via Credit Check
If an individual has been a victim of fraud or believes they are likely to be a victim of fraud (including identity fraud) they can request illion to place a ban on their credit file using the Credit File Suppression Request form. This also allows for a Credit File Suppression request to be made to the other credit reporting bodies.
Initially a Credit File Suppression will be put in place for 21 days. This will prevent a credit provider from accessing credit reporting information from illion and reduce the likelihood of credit being provided fraudulently.
If a Credit File Suppression is put in place illion will confirm with the individual and inform them when the ban period will expire.
A Credit File Suppression is an important step if your identity has been compromised. Placing a Credit File Suppression on your credit report means illion may not share your credit report or information with any other credit provider (unless we are required to by law) while the Suppression Report is in place.
The initial ban period lasts for 21 days, however you can cancel or extend your ban by notifying us in writing. If a credit provider requests your credit report during this period, illion will explain there is a ban in place and will not provide any information.
Yes – you can extend your Credit File Suppression for a 1 year if you need to.
You can apply for credit, however, while a Credit File Suppression is in place a Credit Provider will not be able to access credit reporting information from us, this may limit the Credit Provider’s capacity to make a full credit assessment. If a Suppression Report is in place an individual may authorise us to share their credit information with a specific Credit Provider if required, this authorisation must be in writing.
Yes – you should request a credit report Suppression Report at the two other major providers of credit reports – Equifax and Centrix. You can request this when you complete the illion Credit File Suppression.