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(Experian) credit scores...

ellives
ellives Posts: 635 Forumite
in Mortgages & endowments
..possibly a little OT.....but I was wondering if the credit score firms give everyone with a decent credit situation/history 999 out of 1000?

Also, how good an indicator of future acceptance by mortgage lenders is such a score?

Thanks in advance, for any feedback

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lenders have their own credit scoring criteria and methods of ascertaining creditworthiness, along with now increasing emphasis on affordability.

    If you maintain your personal financial affairs properly then experian is not worth the subscription fee.
  • ellives
    ellives Posts: 635 Forumite
    Thrugelmir wrote: »
    Lenders have their own credit scoring criteria and methods of ascertaining creditworthiness.

    If you maintain your personal financial affairs properly then experian is not worth the subscription fee.

    ...what subscription fee LOL doesn't everyone use the free route to this information...
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ellives wrote: »
    ...what subscription fee LOL doesn't everyone use the free route to this information...

    When I looked a while back. You had to complete a Direct Debit. So if you didn't cancel the DD you automatically were enrolled for a period. Another marketing scam for a product you don't really need.......
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