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Does your credit score affect the APR on a loan you are applying for
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Yes, your credit score does largely determine the rate you will be offered. Obviously you will get a better deal if you have a history of paying your debts promptly and in full, because you will be seen as a good risk.I used to think that good grammar is important, but now I know that good wine is importanter.0
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Thanks for your reply0
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ive just been on Experian and found out i have a score of 632, dont understand how it works,but i think its still a good score isnt it?0
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ive just been on Experian and found out i have a score of 632, dont understand how it works,but i think its still a good score isnt it?
It doesn't sound all that good to me, to be honest. I think to get the best deals you need to be over about 975. Things are tightening up very quickly at present.I used to think that good grammar is important, but now I know that good wine is importanter.0 -
dont understand why my score isnt at the top end ,i owe £15000 on my mortgage and owe £1600 on a credit card,no defaults or anything like that0
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Perhaps you need to check your Exzperian report carefully in case of identity theft. My circumstances sound similar to yours (no defaults or anything) and my score is 986.I used to think that good grammar is important, but now I know that good wine is importanter.0
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