Switching effects your credit score?

Makes sense, every time you switch the energy companies run a credit search on you...lots of searches on your file don't look too good.

Also, you don't have a "score", no-one has a "credit score", it's just something that agencies use based on their own methods of determining how good THEY think your credit rating it. It means absolutely nothing to any bank, facility provider, lender, etc, etc. In fact, no-one other than you ever sees your "score". Anywhere that runs a credit check on you only sees the raw info.

NittyGritty wrote: »

just a word of warning to those who regularly switch, I have just found out that your credit score is affected in a negative way everytime you switch, (or at least it as with my last switch)


my score as gone down by 11 points, and the only thing that changed in that week was the switch to Scottish power from eon


so be careful for those who switch on a regular basis


I notice that all these collectives are not so keen to mention this (I wonder why)

Yes, this is bound to happen, but they won't want you to know about it. Anyone concerned about adverse effects on credit scores should think about EDF, and maybe SSE, as suppliers. I think those two don't hit you with a search.

I am a switching tart with almost everything and my "score" has never been affected. I would be led to assume only those with other underlying problems will be affected by energy switching.