credit score

Fliss_M

Unsure of my place here but here goes

I wanted to check my credit score, but when I look at the free trials, they only say credit report, I already have access to this. So any idea if I can get a free credit score? I know there is that one that can give an estimate for free but hoping for more accuracy then that.

(oh and does checking harm your score?)

sicker

Sorry to tell you that you have to pay for a credit score but take my advise and don't bother. It is really irrelevant as most companiess have their own method of credit scoring and the ones that you pay for are a waste of money. This is of course my own opinion but if you hunt through the many posts here you may find it is the opinion of many.

dhassen

credit 'scores' are pointless. It's just a CRA's opinion and lenders don't use it / never know what they are. You're file's more important. Never heard of a free way to get them though (to answer your question), it's always a way for the CRA to make a couple of £s for nowt

Fliss_M

AH! great info guys thanks! Never knew or thought of that.
Question, my report details a 1 as the worst in the past 12 months, how do I see more then that? Its through cpp with experian. It mentions holding older data, but not where on the report

Moggles_2

Fliss_M wrote: »

My report details a 1 as the worst in the past 12 months. How do I see more than that? It's through cpp with Experian. It mentions holding older data, but not where on the report.

If this is a credit card account, status code 1 means payments are up to one month late. The last 12 months of payment history is shown in full, most recent data first.

Below the codes is a summary of payments over the last 36 months (or since the card account was opened, if this was less than 3 years ago)
For instance, the number of status 1-2 indicates how many times payments have been late by up to 2 months over the most recent 36 months.

dhassen

I thought reports hold 6 years worth? (someone correct me if poss)

Moggles_2

dhassen wrote: »

I thought reports hold 6 years worth? (someone correct me if poss)

Some data, (eg. a credit card that's closed down and marked "settled") stays on your file for six years, but not the payment history. Only the most recent status codes are shown

Moggles_2

Moggles wrote: »

Some data, (eg. a credit card that's closed down and marked "settled") stays on your file for six years, but not the payment history. Only the most recent status codes are shown

P.S. So, if you want a late payment or two to disappear from view in the shortest time possible, keep the account open and active

TotallyBroke

Moggles wrote: »

P.S. So, if you want a late payment or two to disappear from view in the shortest time possible, keep the account open and active

But it will still show the worst situation the account was in, so if you had a credit card that had an arrangement to pay on 5.5 years ago but then had been paying on time etc for the past 4 years. You would have 3 years of 'green ok' under each month but at the bottom it would say 'worst status arrangement to pay' this will not drop off until the 6 years is up.

davethorp

My blog will generate a credit score that is every bit as useful as the score generated by the credit reference agencies. Even better it will do it for free

Fliss_M

Moggles wrote: »

P.S. So, if you want a late payment or two to disappear from view in the shortest time possible, keep the account open and active

Aw poop! It was a store account, forgot to pay 40 measily quid! And I shut it 2 months ago as I dont shop there anymore (coz I lost enough weight that I dont buy clothes that big anymore :rotfl:)