-
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!
-
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…
-
Moved: Will asking for my UTR trigger anything at HMRC
This discussion has been moved.
-
BT/JCIA default
I have recently had a default registered against me by JC International Acquisition, I had no idea what for. Turns out it was a final bill from BT which was back in July of 2024, I don't remember this at all, as far as I was aware it was all paid and done when I switched broadband. I've heard nothing about it until I saw…
-
Old bank account on credit file
I have an old Barclays account showing on my credit file. It shows that it's overdrawn by £62 which has been on there for as long as I can remember having any account showing a credit report. Not quite sure how it has an overdraft showing as the account is that old is was a Childs account for me originally opened in 2008.…
-
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…
-
Default dates on credit report being changed right before they’re due to drop off?
I have two accounts that I defaulted on just over 6 years ago. This has now happened with both of them: Just after the date the default was due to "drop off" of my credit report (6 years), they have updated it to a random date a few years later, meaning it's back on my credit report. I've raised disputes for both of them…
-
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…
-
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
-
MSE Affordability Score shows my disposable income as "very poor" but my wife's as "excellent". Why?
My wife and I both have perfect credit records and decent incomes (mine was £112k last year and hers £131k). However, despite the fact that we split our expenses equally her disposable income rating on the MSE Affordability Score shows up as "excellent" and mine shows up as "very poor". This is borne out with our credit…
-
ClearScore's lax attitude towards personal data security
I recently tried to login to ClearScore with an account that I hadn't used for a long time. It rejected my login by telling me that my account already existed. Well, duh!! So I thought I'd try creating a new account, but it refused to accept the password that I'd set a few seconds earlier. So I tried a password reset and…
-
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…
-
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…
-
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?
