Perfect payment history but score is only 2/5 on Noddle?!

xrkw5

Hello,

This is my first post so I don't really know what I'm doing but I hope someone is able to give a better understanding of my issue!

I've just signed up to Noddle to check my credit rating. It's given me a rating of 2/5 in the colour green (not sure if that means anything) I've checked all my history and everything is as it should be, I've not missed any payments, no late payments, literally a perfect payment history but my score seems so low!

I've checked and I'm on the electoral reg so it's not that and everything is accurate!

Could it be my age? (I'm only 20) if so how can I improve this rating? Am I able to improve it if I am only young?!

Thank you!

CLAPTON

xrkw5 wrote: »

Hello,

This is my first post so I don't really know what I'm doing but I hope someone is able to give a better understanding of my issue!

I've just signed up to Noddle to check my credit rating. It's given me a rating of 2/5 in the colour green (not sure if that means anything) I've checked all my history and everything is as it should be, I've not missed any payments, no late payments, literally a perfect payment history but my score seems so low!

I've checked and I'm on the electoral reg so it's not that and everything is accurate!

Could it be my age? (I'm only 20) if so how can I improve this rating? Am I able to improve it if I am only young?!

Thank you!

what a/cs does it show?
does it show you on the electoral roll
does it show any associations?

xrkw5

Sorry I'm new to all of this can you be a bit more specific? A/cs? Association? And yep on the electoral roll thanks.

CherlokHomes

xrkw5 wrote: »

Hello,

This is my first post so I don't really know what I'm doing but I hope someone is able to give a better understanding of my issue!

I've just signed up to Noddle to check my credit rating. It's given me a rating of 2/5 in the colour green (not sure if that means anything) I've checked all my history and everything is as it should be, I've not missed any payments, no late payments, literally a perfect payment history but my score seems so low!

I've checked and I'm on the electoral reg so it's not that and everything is accurate!

Could it be my age? (I'm only 20) if so how can I improve this rating? Am I able to improve it if I am only young?!

Thank you!

Have you got high debts?

Fruit_and_Nut_Case

CLAPTON wrote: »

does it show you on the electoral roll

It appears to.

xrkw5 wrote: »

I've checked and I'm on the electoral reg...

xrkw5

Nope no high debts! Only thing I have on credit at the moment is my sofa and my phone bill.

Cycrow

i would say its indirectly due to your age. As you are young, you won't have much history, and as you also say you only have a phone bill and loan, this seems to be the case

xrkw5

I thought it might be- But that seems so unfair! Anyone know how I can get it up?

Angry_Bear

xrkw5 wrote: »

I thought it might be- But that seems so unfair! Anyone know how I can get it up?

Get a credit card and pay it off in full every month. Best bet for this if you have a good history is usually the bak you have your current account.

However, it's worth noting that the credit "score" (e.g. the 2/5 from Noddle) isn't actually worth anything as all banks will score you from their own formula based on the details in your report.

If everything else is showing all good, then ignore the "score" and get on with your life .

Tblair

xrkw5 wrote: »

Hello,

This is my first post so I don't really know what I'm doing but I hope someone is able to give a better understanding of my issue!

I've just signed up to Noddle to check my credit rating. It's given me a rating of 2/5 in the colour green (not sure if that means anything) I've checked all my history and everything is as it should be, I've not missed any payments, no late payments, literally a perfect payment history but my score seems so low!

I've checked and I'm on the electoral reg so it's not that and everything is accurate!

Could it be my age? (I'm only 20) if so how can I improve this rating? Am I able to improve it if I am only young?!

Thank you!

I have exactly the same problem best one that I have found that checks at least 2 of the 3 credit ref agencies is checkmyfile offering 30 days free trial an option of the monthly payment or quarterly.

L|x

Recent credit card or loan applications (<6 months) also impact it - they'll temporarily lower your 'score'.