Credit Reference Agency & Data Sharing Notice — Credicorp

This notice describes the data sharing that takes place when a company applies for and takes a loan from us.

At application

We perform a soft search against the company's commercial credit file at Experian Business, Creditsafe and Equifax Business. A soft search records the fact of the search internally to the CRA but is not visible to other lenders and does not affect the company's credit score.

At drawdown

We record the existence of the loan with our payment-processing partner so the Direct Debit instruction can be set up against the company's nominated UK business bank account.

During the loan

We do not report the routine performance of the loan to credit reference agencies. We do report:

• Missed payments — once a payment is more than 30 days past due.
• Default — if a loan is written off as bad debt.
• Successful settlement on a loan that previously fell into arrears (so the company's file can be repaired).

Director's personal credit file

The director's personal credit file with Experian, Equifax and TransUnion is not affected by this loan. The product is corporate borrowing outside FCA consumer-credit regulation (Articles 60B and 60L, FSMA RAO 2001); the director is not personally liable.

AI document processing provider

When you submit a photo ID document or a bank statement, we share that document image or PDF with Anthropic, Inc. (United States) solely for automated AI analysis — an ID authenticity check and/or a bank statement parse. Anthropic acts as our data processor under a written data-processing agreement and is not permitted to use the data for any other purpose, including model training. The AI output feeds our automated decision engine; the AI decision is the lending decision, subject to the Article 22 safeguards described in our AI and automated decisions policy. Transfers to Anthropic are covered by standard contractual clauses.