Question about your Credit Score?

spurs501_2

Hi Everyone.

I'm about to order my credit score / report online from experian, and I gave a couple of questions for you all if I may?

I'm told your credit score is a figure between 0-1000?

Is a higher or lower figure better?

Does anyone have an idea what the national average credit score is?

Thanks in advance guys!

exel1966

The figure doesn't matter as it's worthless !! There is NO such thing as a National Credit Score. It's just a marketing gimmick designed to relieve you of a few quid.
Every lender has it's own criteria made up from a multitude of information for accepting/rejecting applicants. A good 'score' and I'm not talking about numbers here does not guarantee any form of credit just as a poor 'score' doesn't mean you won't get credit.
By all means get your credit report from the CRA's but don't pay for the so-called 'score'.

spurs501_2

just wanted to bump this thread!!

spurs501_2

So, does no one else know about what is an averrage credit score? Or is a higher or lower score better?

Would appreciate ANY info.

Thanks!

exel1966

Obviously you didn't read or comprehend the comments above !!!! :rolleyes:

fermi

Have you read the information on this site regarding Credit Reference Files and credit scoring?

http://www.moneysavingexpert.com/banking/credit-rating-credit-score

spurs501_2

fermi wrote: »

Have you read the information on this site regarding Credit Reference Files and credit scoring?

http://www.moneysavingexpert.com/banking/credit-rating-credit-score

Thanks for the link fermi!! Much appreciated.

Thanks (not) for the sarcasm exel1966.....

exel1966

My pleasure !