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Credit score after short period of unemployment?help please
Fred.Hedgehog
Posts: 37 Forumite
Hi
Please can someone help... My husband was made redundant a couple of months ago and starts a new job on Monday (:T) if he applies for credit within a week of being in this new job, will the employment time affect his credit score please? We've never defaulted on anything, have paid credit type bills over minimum value and on time including whilst he was out of work, but I don't know how much of the result is made up of history and how much is of current situation. If relevant, it's for a car on PCP as he is starting a role with car allowance, so I imagine this might be a common issue... I'd rather try and find out first though, rather than possibly get a refusal in the garage
Thanks
Fred Hedgehog
Please can someone help... My husband was made redundant a couple of months ago and starts a new job on Monday (:T) if he applies for credit within a week of being in this new job, will the employment time affect his credit score please? We've never defaulted on anything, have paid credit type bills over minimum value and on time including whilst he was out of work, but I don't know how much of the result is made up of history and how much is of current situation. If relevant, it's for a car on PCP as he is starting a role with car allowance, so I imagine this might be a common issue... I'd rather try and find out first though, rather than possibly get a refusal in the garage
Thanks
Fred Hedgehog
0
Comments
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Credit score is irrelevant. The CRAs don't know employment details.
However lenders are unlikely to lend to anyone without an income, or in a job for very short time.0
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