We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Credit score advise

I have recently been declined on a loan application so I have checked my credit rating. On Experian it is coming back as 500 can anyone advise whether this is a bad score and what is the min for lenders?

Comments

  • gsarah
    gsarah Posts: 15 Forumite
    Would it be worth me applying for the credit cards for bad credit to boost my rating or just hold back and not apply for anymore?
  • doom
    doom Posts: 2,828 Forumite
    edited 24 August 2010 at 2:34PM
    From experian's site - took me about 10 seconds to find this :cool:

    Hope it helps !! :p



    exper.jpg
    CARPE DIEM
    aut viam inveniam aut faciam
    Be sober, be vigilant; because your adversary the devil, as a roaring lion, walketh about, seeking whom he may devour
  • gsarah
    gsarah Posts: 15 Forumite
    Sorry my mistake it was Equifax - going to check this site as well though. Hopes its not the same or I am doomed!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.7K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.6K Spending & Discounts
  • 245.8K Work, Benefits & Business
  • 601.8K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.