How to improve your rating?

JustAnotherSaver · 3 July 2013 at 8:20PM

I am 3/5 with Noddle. I've checked my file with Noddle, Experian & Equifax. All information is correct. I've held a credit card for the past few years which i've always paid off in full & on time. I closed the remaining credit cards around January 2013. I'm on the electoral roll. I haven't had any searches on my name since the start of the year. No late payments, no debt.

the exact same applies for my wife & we're both 3/5.

Any clue what you have to do to increase this?

Tixy · 3 July 2013 at 8:27PM

Don't worry about the rating they give you. If all is correct on your file (which is what a potential lender would see) and you have no negatives then you shouldn't have issues as a result of your file in obtaining future credit.

One thing thats not clear - are you continuing to use your remaining card regularly? If not it can be a good idea to ensure you maintain an ongoing credit history.

Is the card your only open credit account now?

JustAnotherSaver · 3 July 2013 at 10:02PM

I'm confused ... which card?

Hmm, just read back my post & i wasn't very clear. Basically i've owned a credit card for a few years (in fact i owned a few). I closed all of them early this year. I now no longer have a credit card.