Credit rating 2/5 on noddle, how?

theguvnor

Not sure why it would be so low. Not been late on any payments. On the electoral roll and have been at the same address for 2 years.

All accounts have the same address.

Any ideas?

Thanks in advance

Fruit_and_Nut_Case

Don't worry. Nobody sees the "score" but you.

user1168934

Do you have at least a couple direct debits set up?

Are you connected to someone else financially?

Do you have any credit cards which you use regularly?

theguvnor

user1168934 wrote: »

Do you have at least a couple direct debits set up?

Are you connected to someone else financially?

Do you have any credit cards which you use regularly?

Hi, Yes connected to my partner, she has no late payments either. We have a joint account and soon to have a mortgage. Yes I have one credit card that I use regularly.

andyfromotley

Probably something to do with the upcoming mortgage if you have just been approved for it?

As others have said don't worry about this imaginary number. Your history is all good, thats what lenders look at at.

user1168934

theguvnor wrote: »

Hi, Yes connected to my partner, she has no late payments either. We have a joint account and soon to have a mortgage. Yes I have one credit card that I use regularly.

Its not just about late payments - does she have a good, well maintained credit history? If not then it will affect you. Not having a credit history (say because you never applied for credit or you are new in the country) is more or less the same as having a bad credit history.
If all you have is one credit card and no direct debits for various utilities etc and connected to another person whose credit is not well established then basically you don't have a well established history for keeping credit agreements - 2 sounds about right.

I would set up direct debits for any utility bills etc. Try to get one or two more credit cards and use them regularly.

If your mortgage is already approved then don't worry about the score - as you pay mortgage it will improve.

CLAPTON

what is shown on your credit file
what is shown on your partner's

theguvnor

user1168934 wrote: »

Its not just about late payments - does she have a good, well maintained credit history? If not then it will affect you. Not having a credit history (say because you never applied for credit or you are new in the country) is more or less the same as having a bad credit history.
If all you have is one credit card and no direct debits for various utilities etc and connected to another person whose credit is not well established then basically you don't have a well established history for keeping credit agreements - 2 sounds about right.

I would set up direct debits for any utility bills etc. Try to get one or two more credit cards and use them regularly.

If your mortgage is already approved then don't worry about the score - as you pay mortgage it will improve.

I have 3 credit cards in total. Only really use one. She has a credit card which she pays off in full. We have direct debits for all utilities too.