Combined with good credit history, making sure your home and work information are up to date can help show lenders you can afford to pay back what you borrow.
Lenders like to know that the people they are lending to are reliable and stable. It means they can trust you’ll be able to repay your debts in full and on time.
Working for the same employer or living at the same address for several years implies that your home or income isn’t likely to change suddenly, which also implies that your ability to pay back what you owe isn't going to change either.
Accurate information can help reduce the risk of being rejected when you apply for a card or loan - it can also help us get you the most up-to-date credit report from Equifax.