Improve my credit rating!

JohalaReewi

rb10 wrote: »

Erm, yes it is - as it is an assessment by Experian of your creditworthiness.

Granted, it is not the same credit score as the one that Experian provide to banks when you make an application, or as the internally-generated scores by banks, but it is still a credit score.

Experian don't offer credit so it is not a credit score.
It is just a numerical representation of your data held by Experian.
A guess at what your credit score might be if you applied for credit elsewhere.

BugsyBrowne

rb10 wrote: »

Erm, yes it is - as it is an assessment by Experian of your creditworthiness.

Granted, it is not the same credit score as the one that Experian provide to banks when you make an application, or as the internally-generated scores by banks, but it is still a credit score.

It's a bo0dy generated score and by no means represent a credit score as only lenders who give credit has the actual true credit scores as a lender takes in more data which makes CRA's scores incorrect.
It's a fact an applicant will never know their true credit scores but many are getting sucked in by CRA's money making machine.

Experian_company_representative

Some lenders actually only uses scores based on credit report data, so that's not true at all. Our score indicates how a typical lender would rate your credit history data. Not definitive - different lenders will vary - but the best guide you'll get.

James Jones

JohalaReewi

Experian_company_representative wrote: »

Some lenders actually only uses scores based on credit report data, so that's not true at all.

Eh?

Our score indicates how a typical lender would rate your credit history data. Not definitive - different lenders will vary - but the best guide you'll get.

James Jones

Exactly