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credit score loss

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Comments

  • The_Boss
    The_Boss Posts: 5,864 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    bsms1147 wrote: »
    OYNiN3m.png

    How did you do this and the other one? Great stuff :D
  • MABLE
    MABLE Posts: 4,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    That's right. It's a guide to help you understand how a lender might interpret your report when it runs its scoring calculations. The CRAs actually help many lenders build their scoring systems so we use similar logic to calculate guide scores for the public. But they are not the same. Lenders' scores look a more information for starters.

    James J

    Well then why do you have the nerve to charge a large fee for this useless piece of information. I think some body equal to trading standards should be investigating.
  • That's right. It's a guide to help you understand how a lender might interpret your report when it runs its scoring calculations. The CRAs actually help many lenders build their scoring systems so we use similar logic to calculate guide scores for the public. But they are not the same. Lenders' scores look a more information for starters.

    James J

    I've bolded and enlarged the key word here.

    So ultimately it's a total con to get people to part with their hard-earned.

    We've seen plenty of examples of ex-bankrupts and people on benefits with 999 scores on these boards.
    Thinking critically since 1996....
  • MABLE
    MABLE Posts: 4,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've bolded and enlarged the key word here.

    So ultimately it's a total con to get people to part with their hard-earned.

    We've seen plenty of examples of ex-bankrupts and people on benefits with 999 scores on these boards.

    Even one of the Experian advisors last year told me it was a waste of money.
  • matttye
    matttye Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    They're useless. As James rightly pointed out in the post above, lenders take more information into account. For example quite an important one; salary!!
    What will your verse be?

    R.I.P Robin Williams.
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