I have no credit rating?

Lara44

Helloo

I've been lurking here for ages, learning the art of moneysaving. I wanted to apply for a credit card and do a bit of stoozing so I checked my credit rating online with Experian...

They told me they couldn't verify me electronically and so I am supposed to send a passport, birth certificate, bank statements etc. I checked Martin's article, and I am on the electoral roll etc.

Does anyone have any experience of this?

I am 24, doing my MA, living in rented accommodation. I have a few bank accounts, overdraft and ISA etc.

Thanks

mrmajika

My fiancee experienced this also.

The way experian (and equifax) verify you electronically is to ask you a series of questions relating to recent credit acivity.

For example, when I signed up for experian I was asked multiple choice questions such as which companies I had a loan with, who I had a credit card with, how much of a balance I had on a particular credit card, how much my monthly loan repayments are etc.

If you don't have any such credit history then they cannot verify you by asking these questions. I assume that is why have to send in the relevant documents.

I wouldn't think it's anything to worry about. My partner sent in the documents and had access to her credit report online pretty quickly.

Hope this helps.

Astaroth

I also had to do it by post rather than online because of the confusion on the questions of knowing the name of actual lenders for 0% finance on store purchases etc