From spring, customers can be vetted by credit lenders to see if they pay off their balance in full each month, and make use of promotional 0 per cent deals.

Credit Card firms will also be able to see more signs of ‘high risk’ behaviour such as withdrawing cash with a credit card, and big changes in a customer’s credit limit.

The sharing of this additional “behavioural” information will conclude a two-year project overseen by Apacs, the UK payments authority, to help lenders better judge risk.
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