Credit Report

sdt1986

just got my credit report from experian, I dont understand it because it doesnt show any outstanding debt, im confused anyone know what they are looking at?


A summary of the calculations based on your credit report on Saturday, August 16, 2008

You have £0 of available credit (excluding mortgages)
You have £0 of outstanding debt (excluding mortgages and defaults)
You are using 0% of your available credit
You have 8 credit accounts (including settled accounts)
You have 0 accounts overdue
You have missed 0 repayments in the last year
Your credit report has been viewed 1 times in the last 3 months and 5 times in total over the last year
You have 0 public information records
You have 0 aliases and/or financial associations
You have been at your current address for 18 years 7 months
You are not on the electoral roll at your current address
You have 0 notice of correction on your credit report

RAS

Are you really not on the electoral roll? If not, please do get signed up.

Also are you thinking of very old debts? Credit records show those acquired in the last 6 years, and then only if the creditor has reported them.

sdt1986

Why would i need to be on the electoral roll?

Some are a couple of years old some are last year, for example i owe vodafone about 60quid and i owe manchester met 3117 for my rent plus i also owe student loans that become debt because i dropped out?

cady

Thats just the summery there is a more detailed report you can click on which shows you more in depth!!!

fermi

sdt1986 wrote: »

Why would i need to be on the electoral roll?

Apart from not registering technically being an offence, checking that your are on the electoral role is one of the most basic and important ID checks that a creditor will check via your report.

sdt1986 wrote: »

Some are a couple of years old some are last year, for example i owe vodafone about 60quid and i owe manchester met 3117 for my rent plus i also owe student loans that become debt because i dropped out?

Vodaphone may just not be reporting that to Experian.

Rent arrears won't be reported on your report.

Neither are arrears on student loans, although they will start doing so from later this year.

sdt1986

yeah I clicked on the more detailed report and it shows everything as satisfactory whilst i know this to not be true, im well confused.

sdt1986

So if vodafone dont report me to experian then thats a good thing for me yeah?

I had 3G debt of 80 since early 2006, that shows as paid up to date on experian.

I have a debt with Co-op of £450 and thats not even on there?

Yet i still cant get credit?

RAS

You will not get credit if youy are not listed on the electoral roll.

It is the most basic ID check that creditors do and if you are not on then very few of them will consider you.

sdt1986

Thats fair enough so if i get on that with my credit file looking like it does with everything showing as satisfactory, will i get credit?

RAS

You are much more likely to get credit.

I know this sounds silly but if you have no credit showing, it can be hard to get credit.

it is one of the situations were a small account like a mobile phone or internet account that is paid regularly every month will help set up a credit record.

sdt1986

I pay vodafone monthly thats why im confused?