Business, Legal & Accounting Glossary
Credit reference agencies are members of GAIN, a network through which lenders share information on customers with debts who have moved home without telling their lenders of a forwarding address. The information may include both the address the customer moved from and any address the customer has since been recorded as living at.
If you share a financial responsibility with someone else, for example, a joint court judgment, a joint account or a joint application for credit, this will be shown on your credit file together with who you share the responsibility with and when the connection was created.
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Definitions for Gone Away Information Network are sourced/syndicated and enhanced from:
This glossary post was last updated: 15th February, 2020