All providers will check your credit history when you apply for a product to decide whether they should let you borrow from them. It’s important to remember that lenders don’t know who you are, so they need to look at certain elements to understand how reliable you would be when making repayments. By looking into your credit history, it gives lenders an insight into your finances, allowing them to see whether you’ve struggled to make repayments in the past. Using this they will be able to decide how much of a risk you are and therefore whether they should let you borrow from them.