Credit Reference Agencies - who uses who discussion

Christopherj_2

Why does one agency say you have a bad credit rating and the other agency says you have a good credit rating? Surly your credit rating would be the same with both agencys!

Isn't it costly to check your credit rating with both agencys? Isn't it like £6.00 a month with each agency?

thriftymomma

Christopherj wrote: »

Why does one agency say you have a bad credit rating and the other agency says you have a good credit rating? Surly your credit rating would be the same with both agencys!

Isn't it costly to check your credit rating with both agencys? Isn't it like £6.00 a month with each agency?

There are three agencies altogther. Experian and Equifax both offer a statutory credit report, posted to you for around £2 - so no it doesn't have to be costly.

Also there are free trials if you are canny for the online services.

Christopherj_2

is that £2.00 per credit report? Equifax states it's £11.00 to join!

Tori_Bellatrix

brookerbabyisababy wrote: »

who do Orange and Littlewoods catalogue use?

In my experience, Orange used Experian and Littlewoods used Equifax ..

Tori_Bellatrix

~Chameleon~ wrote: »

Littlewoods definitely use Experian, no idea about Orange.

They used Equifax for me .. Although they report to Experian ..

me123

checkmyfile.com can show you all 3 credit ratings. It costs £15 every 3 months and you can look at them as often as you like )

System

me123 wrote: »

checkmyfile.com can show you all 3 credit ratings. It costs £15 every 3 months and you can look at them as often as you like )

Yeah but look at all the data that's missing....

From the checkmyfile.com website:



Note all the info you don't get from Experian - the biggest and most widely used of the 3 agencies.

Best advice is to make use of free trails from all three and from thereon obtain statutory reports at 2 quid a pop.

Regards
UNDERGROUND

Christopherj_2

Equifax doesn't have a free trial.

Christopherj_2

All these agencys bill you on a monthly basis and it would be expensive to sign up to all three.

System

Christopherj wrote: »

Equifax doesn't have a free trial.

Equifax Credit Watch Gold free trial at following link:

http://www.equifax.co.uk/Products/identity-theft/credit-watch-gold.html

Just have to make sure to cancel within the 30 days.

Christopherj wrote:

All these agencys bill you on a monthly basis and it would be expensive to sign up to all three.

You can subscribe to CRAs if you wish or pay for an instant online credit report, but paper credit files by post from all 3 agencies are £2 each by law (hence called statutory report).

Any sort of credit scores from the CRAs are really not worth paying for - they are expensive and essentially worthless.

Regards
UNDERGROUND