Credit Kudos - access to bank

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Anxiousallthetime

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Post by Anxiousallthetime » Mon Oct 18, 2021 7:38 pm
Hi,

So I’ve received the request for my review and for my bank statements it’s asked to be supplied by accessing my account by a company called Credit Kudos. I’ve nothing to hide but I feel uncomfortable supplying it this way. Normally they just ask for 3 months but would this be full access to more than 3 months statements. I don’t get how it works. I did it then revoked it as I felt uncomfortable so I’ve emailed my 3 months statements instead.

Anyone any ideas or will I get into trouble for not supplying it this way? :(

kallis3

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Post by kallis3 » Mon Oct 18, 2021 7:46 pm
Unless it specifically says anything in your IVA then you do not have to give access to your bank account by anyone. I would certainly not do it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Anxiousallthetime

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Post by Anxiousallthetime » Mon Oct 18, 2021 7:49 pm
I don’t recall it but then I didn’t recall my overtime payments needed declaring 🙈 ive generally just supplied it by email but it’s asked for a link to see it. I didn’t like it.

luluj

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Post by luluj » Mon Oct 18, 2021 7:52 pm
I would be very dubious myself as well. Be sure before you send details
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"

kallis3

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Post by kallis3 » Mon Oct 18, 2021 7:52 pm
Tell them you will do it via your normal statements and will not be giving access to your bank account to anyone.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

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Post by Foggy » Mon Oct 18, 2021 8:03 pm
I would never give third party access to my account -- they do not need it and it isn't a condition of your IVA.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Anxiousallthetime

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Post by Anxiousallthetime » Mon Oct 18, 2021 8:05 pm
Thank you so much.

You guys always make me feel better.

I’ve emailed them so will see what they say tomorrow.

luluj

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Post by luluj » Mon Oct 18, 2021 8:58 pm
Your welcome - let us know what they say.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"

Anxiousallthetime

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Joined: Mon Sep 13, 2021 9:21 pm

Post by Anxiousallthetime » Tue Oct 19, 2021 9:14 pm
They said it worked and uploaded my statements but I had revoked it. When I’ve clicked on the link it says revoked so now I’m cross. I don’t even know how I can double check that they can’t keep looking at it 🤬

kallis3

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Post by kallis3 » Wed Oct 20, 2021 7:48 am
They may be trying it on - don't give in. Tell them you will send paper statements instead.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

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Post by Foggy » Wed Oct 20, 2021 8:19 am
Check with your bank that there are no valid authorisations for third party access.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Rosie76

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Post by Rosie76 » Mon Nov 01, 2021 8:24 pm
I have an active IVA with Bennett Jones (awful company) for the last 3 years they ask for 3 months bank statement and 3 months income. Now this year they are saying I have to use Credit Kudos. I have had some issues with a GDPR breach and having to dispute things on my credit file and don’t want to use this. Can they force me to do it

Foggy

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Post by Foggy » Mon Nov 01, 2021 8:38 pm
Mon Nov 01, 2021 8:24 pmRosie76 wrote:
I have an active IVA with Bennett Jones (awful company) for the last 3 years they ask for 3 months bank statement and 3 months income. Now this year they are saying I have to use Credit Kudos. I have had some issues with a GDPR breach and having to dispute things on my credit file and don’t want to use this. Can they force me to do it
No, they cannot force you to do this as it was not an agreed method when you entered the IVA. I would have concerns about my IP accessing my account -- and even more so when they are farming out this authority to yet another company !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

kallis3

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Post by kallis3 » Mon Nov 01, 2021 10:03 pm
I agree - they cannot force you to do it and I most certainly would not let them have access to my bank account.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Bob451

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Joined: Thu Jun 10, 2021 3:25 pm

Post by Bob451 » Tue Nov 23, 2021 8:01 pm
I Dont see how they can ask this ?? as for one it goes against ANY Banks policy
Rule number one never give your log in details to any body !!
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