Why does sole trading credit not show up in personal credit file?

r896neo

I am a sole trader and have a few credit accounts with suppliers. These are always paid in full and can total approx £20K per year.

When i check my credit score though they never show up even though they are in my personal name and based at my home address? It would seem sensible to me to link these into my credit history to improve my credit rating.

Is this possible or why do they not show up in the first place?

Any pitfalls i'm over looking?

Many thanks for your help

Tixy

The suppliers probably haven't paid to sign up to any of the credit reference agency services for individuals.

They may not be eligible to, and even if they were would be unlikely to find it beneficial for the cost.

Experian_company_representative

Hi R896neo,

I understand that some of your accounts with suppliers do not appear on your personal report.

As Tixy has said, it may well be that the suppliers don't share their account information with credit reference agencies as not all companies will share information.

It would also be worth checking your non-limited/sole trader report to see if the information is recorded under this.

You can download the application form for a non-limited/sole trader report here

If you have got your personal statutory report in the last 12 months, or are an active CreditExpert member you won't need to pay the £2.00 fee just make sure you quote the reference number of the report you already have when you return the application form.

Hope this helps!
Kind regards Neil