Got Equifax Credit Report should I also get Experian

tallulah

Hi... i m trying to sort out my finances and have just order my Equifax credit report on line using the free 30 day trail :j

Should I also order a copy of my experian report..... in fact 2 of the accounts have not been used for about 2 years so i assume i need to get these closed down asap??

I recently tried to get a Virgin Credit card and was declined due to the amountof credit I have so am trying to figure out if there is a problem with my report...

any adivce would really help...

thanks

Tixy

Hi

Certainly if you have been told there that you have to much credit closing down unused accounts will help.
Try not to leave yourself in a position where all the credit you do have is maxed though (as this is considered bad as well) - its hard getting the balance right.

Experian and equifax often do show different things/different accounts so you could order from them as well (either by free trial or £2 for the statutory report (both have the same info on them).

Numpty_Monkey

It's worth it , different companies use different different CRA's

Not sure if they are on casback sites anymore:o
if not the statutary one is £2

tallulah

perfect thanks guys....

ill order the other one now.....

i may be back for more advice :j

xxx

comedy_dave

I have found that by getting all 3 (Experian, Equifax and Call credit) Theres a huge disparity between my 3 reports.
2 Rate me as poor but improving. 1 Rates me as above average.

tallulah

Thanks guys.... after a wee bit more advice please

I want to clear off my credit card debt, which is why I thought about getting another credit card for balance transfer rather than a loan, but I was declined by Virgin and don't want to try another one to have another decline / search on my record.

So I have got the two reports and they are pretty much exactly the same.... All accounts are Green / Satisfactory

Equifax state I have 12 accounts

Experian state I have 13 (one of them my mortgage)

On both reports I have 3 accounts that are 'Settled'. One of which was my first mortgage with Northern Rock, the other 2 are catolgue accounts I have not used since 2007/08.
Question - should I check and make sure the accounts are actually closed (i beleive they are but i can always check). Experian states these remain on my report for 6 yrs, so the fact that are settled and green shouldn't really worry me should it?
Or are settled credit limits still classed as credit I can use??

When looking through the others is does look correct....... however I have an amber makrng against one account for two consective months in Apr & May 2009 - which is proably about right. I suppose this is affecting me also.......
Everything else is GREEN

Based on the fact Virgin declined me I think it must be due to the fact that I have about £96,000 worth of credit against me (only £1050 is settled credit limit). However this does include £87,000 for my mortgage.......

any advice on this.... i can't reduce the credit i have as 1 is a personal loan (due to finish in Aug10), 2 are credit cards (£3743 owed in total) that i am currently paying off (hoping to balance transfer but that didn't happen) and the other is an over draft (£1150)......

As I can't get the credit card I am thinking of extending my personal loan to clear the o/draft and credit cards once and for all.....

any advice would be really useful.......

thanks xxxx