CAIS

Roman Danaev2022-05-25

Meaning and Definition

CAIS stands for Credit Account Information Sharing. It is a credit reference agency in the UK that collects and maintains data on individuals' credit and borrowing activities. CAIS provides credit information to lenders and financial institutions to help them assess an individual's creditworthiness and make informed lending decisions.

Why it is important to know

Understanding CAIS is important for individuals who are applying for credit or seeking car finance. Lenders often use credit reference agencies like CAIS to access an applicant's credit history, including information on previous loans, credit cards, and repayment behavior. This information helps lenders assess the applicant's creditworthiness, determine the interest rates, loan amounts, or finance terms they may offer.

Car finance calculator

How much can you afford monthly?

Must be between £50 to £2,000

What is your credit rating like?

How long do you want to borrow it for?

24 months

36 months

48 months

60 months

We are a credit broker not a lender

Estimated payments

These estimates are subject to credit checks and may change when you apply for finance. this is for example purposes only

How much can I borrow?

APR 11.9%

Maximum borrowable amount

£0

Monthly budget: £0
Loan term: 60 months
Total interest: £0
Total repayment: £0

Let's Get You Started

The application process only takes us a few minutes. We look to find the best rate from our panel of lenders and will offer you the best deal that you're eligible for.