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What's the highest credit rating you can have

Colin.haworth
Colin.haworth Posts: 1 Newbie
in Credit file & ratings
Hi

Very confused with credit reports etc i have checked my report with experian and it says I have a score of 970 and it says excellent .

So what's the highest score anyone can achieve as looking at the web it says 850 so very confusing can any shed any light on this thanks.

Or do credit company's have there own scoring levels ?
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Comments

  • Gizmo247
    Gizmo247 Posts: 492 Forumite
    Eighth Anniversary 100 Posts Name Dropper Mortgage-free Glee!
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    MFiT-T3 #149: {Q4/14} (£46,447)-->(£0) ~ +£46,447=100%
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  • OneLife_OneShot
    OneLife_OneShot Posts: 775 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    They don't mean anything how many times will it take until people realize this!
    "All truths are easy to understand once they are discovered, the point is to discover them."


  • InsideInsurance
    InsideInsurance Posts: 22,460 Forumite
    10,000 Posts Combo Breaker
    Colin.haworth wrote: »
    So what's the highest score anyone can achieve as looking at the web it says 850 so very confusing can any shed any light on this thanks.

    Or do credit company's have there own scoring levels ?

    Credit companies have their own scoring systems so the scores you see from Experian and co are not used for anything serious (other than getting money out of you).

    The Experian scale happens to go to 999.


    In the USA there is a formal credit score which is universally used and this does go up to a scale of 850 and so it looks like you are looking at the wrong countries resources
  • Experian_company_representative
    Experian_company_representative Posts: 2,134 Organisation Representative
    Part of the Furniture Combo Breaker
    All the scores Experian builds feature a 0-999 range, including the score you can get that rates your Experian credit report. I think the other UK credit reference use different scales.

    James
    “Official Company Representative
    I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"

    Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen
  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    They all have equally useless scores. They do not provide credit!!!!
  • John424
    John424 Posts: 143 Forumite
    Mine's 997and I still got turned down for a loan by Nationwide!!!
  • Maestro.
    Maestro. Posts: 1,518 Forumite
    When you eventually own a small country and American Express invites you to take out a Centurion card, you can safely say you've probably got the highest credit rating possible for an individual...
    Oh, you wee bazza!
  • JohalaReewi
    JohalaReewi Posts: 2,614 Forumite
    Colin.haworth wrote: »
    Hi
    .. what's the highest score anyone can achieve..
    What score would you like? I can sell you any number you want.
    Or do credit company's have there own scoring levels ?
    Bingo :j:beer::T
    PS.
    That should be companies (plural of company) and their (as in belonging to)
  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    JohalaReewi wrote: »
    That should be companies (plural of company) and their (as in belonging to)

    The level of grammatical correctness seems to be steadily sliding further and further downhill so far as I can see.

    This isn't a judgment on the OP but how can it be as bad as it is? I went to pretty bad schools on Council Estates as a child but was taught grammar to a far better standard than I see used almost everywhere these days...
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • JohalaReewi
    JohalaReewi Posts: 2,614 Forumite
    izools wrote: »
    The level of grammatical correctness seems to be steadily sliding further and further downhill so far as I can see.
    It isn't good when your child's English teacher doesn't know much about English and is trying to teach it. :(

    The same could be said for other subjects too. :wall:
This discussion has been closed.
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