We do two different soft searches of your credit report(s) for Credit Club. These will appear in the 'soft searches' section of your credit report – not in the 'hard' credit application searches.
This means that if you view your credit report(s), you’ll be able to see we’ve searched it, but lenders usually won’t – and where they can see it, they can’t use it – so there’ll be no impact on your creditworthiness.
Credit Club will record two different searches on your credit report:
Once a month, on or around the anniversary of you signing up to Credit Club, we update your TransUnion Credit Score. To do this, we need to search your TransUnion Credit Report. If you then check it, this will show as MoneySavingExpert (CR API).
When you use the cards or loans eligibility calculator in Credit Club we will do a soft search of your credit report(s) in order to get your updated eligibility results for cards and loans. The calculator may search one, two or all three of your Experian, Equifax and TransUnion credit reports. If a search has been done, you will see it in the “other searches” or “administration searches” section of your file, recorded as MSE CREDIT CLUB – ELIGIBILITY.