CAIS

Roman Danaev

25 May 2023

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

Must be between £3,000 to £50,000
Must be between £100 to £10,000 and difference between borrow and deposit must be £5,000
24month
36month
48month
60month
We are a credit broker not a lender

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

Hire Purchase (HP)
APR 14.9%

60 monthly payments of

£0


Interest rate
14.9% APR
Amount of interest
£0
Total payment
£0
Personal Contract Purchase (PCP)
APR 14.9%

60 monthly payments of

£0


Optional final payment
£0
Interest rate
14.9% APR
Amount of interest
£0
Total payment
£0