Consumer CAIS is a data sharing network that gathers data from and collects over 500 million credit accounts a month making CAIS one of the largest sources of UK consumer credit commitments.
Commercial CAIS is a shared database of 13.3 million commercial credit accounts credit history maintained by Experian. All major financial institutions and creditors engaged in commercial lending activities will share details of their business customers credit commitments and how they’re performing on them.
As a CAIS member, you contribute data on all your customers’ credit accounts and account behaviour from the last six years. In return, you get access to the equivalent data from over 400 banks, lenders, insurers, and utility and telecoms companies – virtually every major lending organisation in the UK.
As a CAIS member, you also have the option to share – and gain access to – additional behavioural data gained from credit and store cards. This provides a robust means of identifying customers showing signs of over-indebtedness or financial stress.
With access to this data you will have a better chance of protecting your business against bad debt and fraud, and you can ensure you lend responsibly, to people who are financially stable enough to pay you back.
Already supplying data to another CRA? Whilst credit data reporting is voluntary, you can align with best practice by reporting to more than one Credit Reference Agency to help ensure the consumer is represented consistently across the market.
By reporting you can help your customers throughout their financial journey by helping to build a complete credit history.
**It is important that prior to signing your agreement you have fully understood the CAIS file specification requirements and are able to deliver your file on a monthly basis in line with the Principles of Reciprocity.
Please complete the following registration form.
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