Credit rating dropped

bsms1147

My noodle credit rating that has been sitting at 5/5 for several months has just dropped on the latest report to 4/5.

Pretty much nothing on the report has changed though. It's really odd.

All I can think of is that my address has changed, I opened a new current account and opened a new credit card, and the electoral roll entry has gone from an unbroken 16 year run to just a couple of months.

I just can't explain it.

Help. What do I do?

//sarasm, obvs.

suicidebob

Why is it an issue?

Also, don't you think "All I can think of is that my address has changed, I opened a new current account and opened a new credit card, and the electoral roll entry has gone from an unbroken 16 year run to just a couple of months." could be a logical explanation?

Fruit_and_Nut_Case

bsms1147 wrote: »

My noodle credit rating that has been sitting at 5/5 for several months has just dropped on the latest report to 4/5.

It's a punishment for calling them Noodle instead of Noddle.

//joke obvs.

Hazzinho

bsms1147 wrote: »

All I can think of is that my address has changed, I opened a new current account and opened a new credit card, and the electoral roll entry has gone from an unbroken 16 year run to just a couple of months.

//sarasm, obvs.

The above is a good reason it's changed

Your score means nothing as only you see it but lenders are more reluctant to lend straight after a move until it's obvious it's a move rather than fraud ie you keep up payments as normal after the new address.

meer53

What do you do ?

Make payments on time. As usual.

Thrugelmir

Only borrow on the credit card when you really need to.