-
What your credit score really means
Hi! This is the discussion thread for the What credit scores really mean guide. Click reply below to discuss. If you haven’t already, join the forum to reply. Thanks folks,
-
What your Credit Score really means - Please read first before posting about a credit score issue.
Hi all! This is the discussion thread for the What credit scores really mean guide. Well, what does your credit score really mean ?. By Martin If you've paid to get a credit score from one of the credit agencies, how reliable is it? We run through the truth about credit scores. I’ve just found out that my credit score has…
-
New to the Credit File & Ratings board? Start here
Useful links to MoneySavingExpert.com guides * Top tips to build your credit score * How to check your credit report for Free * Credit Club * Build your credit history * Student credit scoring * Should I get a loan if I have a bad credit score? 💡 If there's a link you think we should include here, please send me a message!
-
Difficulties with HSBC and credit score in general
I have been trying to adjust the credit limit on my credit card with HSBC but it has been denied regardless of how small an increase is asked for. I have had an account with them for a long time of which my debit account has an overdraft and I have a credit card. HSBC does the credit checks with Experian so I thought I…
-
Utility destroyed my credit rating
Im with for a few years now and pay the bill when I recieve it via post. Im due to renew my mortgage and decided to look at my credit rating. It went from excellent 900 to 540 poor due to reporting late payment a few times during the 2 years period. I never signed a contract with them and never consented to them accessing…
-
Clearing 17k worth in debts in three months! Will this fix my score so I can get a mortgage
Hello All I have been in debt for a while now due to some bad financial decisions made years ago. I'm working full time and have been living ok, interest on credit cards is what made it harder to pay off. A few months ago I opened a business on the side and it did very well that I am in a position to clear my debts. Issue…
-
file says not promotional
as the topic says ive got a natwest card 0% promotion which is showing on my statement and app but checking clearscore its saying its not is it worth getting natwest to update the correct info
-
AIP failed
Hi I tried to remortgage on a BTL, I went through the AIP process and it failed. They said affordability is fine but it said credit fail(equifax). I dont understand Ive got my credit report no missed payments, ccjs etc. credit usage low around 20%. Im on electoral roll too. Has anyone got any suggestions, I have requested…
-
Link.com. Email is this TransUnion?
Hi Both myself and my dad have received an email from 'Link' titled Update to terms of service. Anyone else received this. I assumed it was a scam but thinking now it may be related to TransUnion. Cheers
-
Thames water late payment report to cra
I pay my bill when I recieve it via post. Thames water has placed a late marker on my credit file without my knowledge saying I paid the bill late 1 month. I never recieved the bill and am uptodate with all my bills. They refuse to remove the marker and said " having looked at your history although you are upto date you…
-
MSE News: Your Experian credit score might be about to drop
Credit reference agency Experian will soon give you a credit score out of 1,250, instead of the current 999, it has announced. Yet, while your Experian credit score's likely to drop as a result of the change, this WON'T affect the underlying data on your credit report – and it's that data (not your score) that lenders use…
-
Checking a credit score
Is there any way that I can check on someone’s credit score? I had a tenant who owes me money. Many thousands. I have a ccj against him. He appears to have moved out but will not give me access to my property. He has changed the locks. I got a PI to find him. The ccj is at my rental property. However the PI did not find…
-
Default Cabot
Hello, just looking at my equifax record and I have 5 defaults listed with Cabot, from December 2022. I’ve never paid Cabot. And the defaults are from much further back than that, I think possibly 2019? What can I do about these?
-
Klarna 0% interest - negative impact on credit score?
Hi there - assuming I pay on time, can anyone advise whether using Klarna 0% interest free finance (payable over 3 instalments) will have any negative impact on my credit rating please? My current credit score is excellent and I don't want to impact this negatively by using Klarna, just for the convenience of being able to…
-
Payslip, worried about identity theft
Hello all, hope this is the right forum for this, please let me know if not and I can try to move it. I’m looking for some advice regarding personal information leak with a payslip that was sent to the wrong email address. I’ve seen a few similar questions in the forums, but wanted to try and get some specific advice as…
-
New account on Experian
Hi there Yesterday I received an email from Experian, stating that a new account has been added to my file. Upon logging in to Experian, I've noticed that my usually perfect credit score has dipped, and there is a note that I have borrowed £20. I have no need to borrow any money (apart from my mortgage), so this has me…
-
"Your debt has gone up by £340 since your previous total balance"
Clearscore says that, at my last update on 17th October, my Barclaycard balance went up from £340 to £414, but I've always paid it off in full, and my balance is currently at £0 again. So why does the fact my balance was higher than the previous one, matter? Isn't spending money on the card, what you're supposed to do?
-
Refused Sky Phone Upgrade - nothing significant on credit reports
Hi all. My father (70y) has just twice been refused a new contract with Sky mobile to upgrade his handset. He has been with Sky for 24 years, never missed a payment, seems to mean nothing. Sky have told him it was the credit check that led to denial and that he should contact Equifax, Experian and Cifas. I got him to sign…
-
Help with a Capital on Tap guarantee
Hi all, I’m hoping someone with experience of business credit card guarantees or credit reporting can give me a bit of guidance. I was guarantor on a Capital on Tap business credit card. Since the business closed, I accept I’m responsible for the balance personally under the guarantee. I’ve been cooperative from the very…
-
Clear Score reporting new unsecured loan has been added
Hi All - I have a question around the ClearScore. Last night I received a message from CS that a new unsecured loan has been added onto my account. I only have one loan - with Sainsbury's, now they have migrated to NatWest, and my loan account with them. There is an info in my CS report saying my Sainsbury account will be…
-
Please help, two issues, one default reported late and one default not reported at all
Hello everyone, Saw a few surprises on my credit score and need some advice. First one is this one from Virgin Mobile. Honestly I don't have a clue about this one, maybe I took out a sim and forgot about it, I don't recall making a single payment. The issue is there was no default added on Equifax since 2017, even the…
-
Rejected for £2 a month SIM card, but suggestions aren't helpful to improve score
I have been rejected for a £2 a month SIM card after failing a credit check. I have no debt apart from my mortgage, I've moved home once in the last 20 years, earn £51k, have changed job once in the last 8 years, have around £25k in savings, £1000 in my current account, one credit card, which I pay on time and have had for…
-
IDMobile credit checks
Has anyone tried to get a deal with IDMobile which is initially accepted for Credit and then fails to give you the credit on the handset? I have found that they cannot tell you why they have a marker against you and will not give credit after saying they would. I then checked Equifax and my credit rating is perfect. There…
