credit card and searches

darcyvuqua

im just interested in this question

maybe a equifax or experian worker could help with this

if a search was made how many point does it take off your score

ie 1 search takes 3 point

lisyloo

You do realise that these scores are only made up by Experian and Equifax?
i.e. lenders don't use them.

They might be useful as a rough guideline but otherwise they are useless.

I oubt whether you will get anyone to tell you the rules for scoring.
They will be kept secret becuase otherwise people (like you :-) will try to manipulate things.

darcyvuqua

lisyloo wrote: »

You do realise that these scores are only made up by Experian and Equifax?
i.e. lenders don't use them.

They might be useful as a rough guideline but otherwise they are useless.

I oubt whether you will get anyone to tell you the rules for scoring.
They will be kept secret becuase otherwise people (like you :-) will try to manipulate things.

how dare you you dont even know me i find that end highlighted bit out of order to say the lease thanks for your non constructive reply

and i was just asking how much weight one search carries as i have a few dropping off but thats for the reply as you probably tell i will not be thanking you!!!!!!!!!

darcyvuqua

and i asked about searches not how to change my identity and defraud the system!!!!!!!!!!!!!!!!!!!

lisyloo

Good grief.
Sorry you missed the smiley but I was joking.

For clarity when I said "manipulate" I did NOT mean change identity or defrauding the system.
I meant that if people knew how the scores were constructed then they would alter their behaviour e.g. delay getting cards, to get a better rating.

This may or may not be what you want to do, but it IS why you won't get an answer to your question because they are a trade secret.

darcyvuqua

lisyloo wrote: »

Good grief.
Sorry you missed the smiley but I was joking.

For clarity when I said "manipulate" I did NOT mean change identity or defrauding the system.
I meant that if people knew how the scores were constructed then they would alter their behaviour e.g. delay getting cards, to get a better rating.

This may or may not be what you want to do, but it IS why you won't get an answer to your question because they are a trade secret.

i know there is no set in stone answer and if there are they wont be leeked to the like of me and you but surely there must be a avarage number that would be floating about on this forum

i did not see the smiley but manipulate is a strong word!:eek:

lisyloo

Perhaps "improve" is a better word as I would imagine that is what most people would want to do.

There is a guide here

http://www.moneysavingexpert.com/banking/credit-rating-credit-score

which I expect contain lots of good advie, but I doubt you will find any exact formulas.

It starts with

Credit ratings are a myth, they don't exist in the UK. Each lender scores you based on its ‘perfect customer’ wish list.

Sammy_Girl

darcyvuqua wrote: »

how dare you you dont even know me i find that end highlighted bit out of order to say the lease thanks for your non constructive reply

and i was just asking how much weight one search carries as i have a few dropping off but thats for the reply as you probably tell i will not be thanking you!!!!!!!!!

Jeez Darcy, chill out

I'm sure I heard somewhere (prob off Mr. P lol) that each search was worth around 10 "points"

PROLIANT

Sammy_Girl wrote: »

Jeez Darcy, chill out

I'm sure I heard somewhere (prob off Mr. P lol) that each search was worth around 10 "points"

Woaaaah, !!!!!! is going on like?
Darcy boy, down!
Yes, about 30 points per search hence my score is -26.

clio

don't see why darcy should chill out, if someone said " people like you" to me in a post i'd scream blue murder smiley or no smiley. what the person should of said is [there would be people who would manipulate the system }