“There has been a sea-change in attitude towards sharing of credit information. Ten years ago, it was regarded as invasive but now the government is encouraging it,” says Peter Brooker, public affairs director at Experian, a UK listed company.
But one question worth pondering is what happens if Experian is taken over by a private equity firm, as has recently been rumoured? Its cash generative business and low debt makes it attractive but as a highly leveraged entity (should private equity become involved), would it need to run a credit check on itself?
Or maybe enlist the support of City Intelligence, Experian’s new online business information service for investment banks, lawyers and accountants.
