DN
Donald N

1 reviews | Active since Apr 2013

05 Sept 2023, 21:16

YOUR CREDIT SCORE WILL DROP. YOU MAY NOT GET FINANCE OR A GOOD INTEREST RATE…… thanks to MIE.

To all recruiters out there and people looking for work.

Be careful when you let them do the checks….. credit check….. will show up as a “lender” has reviewed you and will affect your score. I was assured it would not do that.

Your score WILL be affected and if you planning to buy anything on credit or open a new account, this MIE check WILL have an impact.

Thankfully I have a good score…….. but I am now being “coached” by EXPERIAN on how I can manage my affairs better…….. too many “credit checks” on my profile. And I personally only did one.

Best you hope that the recruiters don’t want to do a check for every time they want to submit your CV somewhere.

And MIE DON’T CARE OR THINK.

SEE RESPONSE From senior management of MIE…..

Your email sent has reference. An enquiry will usually only affect a score by a point or 2. Two enquiries in a short space of time will also have a greater affect and multiple enquiries within a short space of time can even trigger a ***** warning. There may have been other factors that might have caused the bigger effect - late payments on accounts, multiple enquiries, change in contact details, another account etc. This might only also just be for that month and will increase and stabilize the following month. MIE has no control over the deductions made by the respective credit bureaus and allocation of scoring……..

THEY NOW WANT.TO TURN IT AROUND THAT “MAYBE I’M THE PROBLEM”. THE APP I AM USONG TELLS ME EXACTLY WHATS THE PROBLEM……. Too many credit checks.

0
Replies (1)
Managed Integrity Evaluation (MIE)
Managed Integrity Evaluation (MIE)'s reply07 Sept 2023, 09:07
Official
Good Morning Donald,

Apologies about the frustration caused over your credit score.  

Please take note that the reason for the change on your credit score or not getting finance or a good interest rate is not because of MIE.  Yes, MIE does process the credit checks, but this is done on behalf of our clients at their request.  According the the NCR, a credit check can only be done on an individual with their consent and knowledge.  If you are seeking employment, there are various positions that require a credit check to be done.  

Your credit score is determined by various factors and not only the amount of credit checks conducted.  

Kind Regards,
The MIE Team