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  • FIRST POST
    • SonyaC
    • By SonyaC 10th Sep 17, 10:13 AM
    • 3Posts
    • 0Thanks
    SonyaC
    High credit score low credit history!
    • #1
    • 10th Sep 17, 10:13 AM
    High credit score low credit history! 10th Sep 17 at 10:13 AM
    I have only recently taken on a mobile phone contract so this is my only form of credit and already my credit score is very high. Should I be wary of this or could it really be so good after only 7 months?
Page 1
    • Fireflyaway
    • By Fireflyaway 10th Sep 17, 10:30 AM
    • 1,171 Posts
    • 1,205 Thanks
    Fireflyaway
    • #2
    • 10th Sep 17, 10:30 AM
    • #2
    • 10th Sep 17, 10:30 AM
    Be careful where you get the information from. I joined the credit club here and my score was excellent which I thought odd as I have defaults. I checked back after 2 months and it had gone down to poor. Must have taken time for the into to be brought across. Not all behaviour is reported to all agencies.
    • zx81
    • By zx81 10th Sep 17, 10:50 AM
    • 13,186 Posts
    • 13,499 Thanks
    zx81
    • #3
    • 10th Sep 17, 10:50 AM
    • #3
    • 10th Sep 17, 10:50 AM
    Ignore the scores that the CRAs give out. They don't reflect lending criteria and are too volatile to be of any use.

    Manage your credit wisely, and time will do the rest. Consider taking out a credit card that you clear in full each month.
    • SonyaC
    • By SonyaC 10th Sep 17, 10:51 AM
    • 3 Posts
    • 0 Thanks
    SonyaC
    • #4
    • 10th Sep 17, 10:51 AM
    • #4
    • 10th Sep 17, 10:51 AM
    I got my score through Experian who I thought would be reliable but I've never had any sort of credit before so was shocked by the high score
    • zx81
    • By zx81 10th Sep 17, 10:53 AM
    • 13,186 Posts
    • 13,499 Thanks
    zx81
    • #5
    • 10th Sep 17, 10:53 AM
    • #5
    • 10th Sep 17, 10:53 AM
    You can safely ignore it.
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