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<p>Under the Fraud Act 2006, it is a crime to dishonestly make a false representation
to make a gain, to cause loss to another or expose another to risk of loss. The Government
takes fraud extremely seriously and recognises the devastating impacts that fraud
can have on individuals and businesses.</p><p> </p><p>Decisions concerning how lenders
assess mortgage applications, including how information from Credit Reference Agencies
(CRAs) is used, are commercial decisions for banks and building societies.</p><p>
</p><p>It is worth being aware that CRAs do not hold blacklists and do not tell a
lender whether it should offer credit. Instead lenders use information from CRAs to
come to their own commercial judgement. This means that while one lender may be unwilling
to provide a mortgage due to a borrower’s credit history, that is not necessarily
the case for other lenders.</p>
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