equifax credit score

Here's a quick one. Just checked my equifax rating for a laugh expecting it to glow as red as Rudolph's nose only to find it says very good! The reason I'm shocked is that I have a current unsettled CCJ on my file. Any thoughts on this score?

Replies

  • worried_jimworried_jim PPR
    11.6K Posts
    10,000 Posts Combo Breaker
    Forumite
    It's meaningless and banks don't use them.
  • Cheers Jim, I just read a few more posts and see that the scores are rubbish. I am assuming that the mobile phone companies who check with Equifax will get the record of my CCJ from them and stick 2 fingers up at me. Is this correct?
  • SuperscroogeSuperscrooge Forumite
    1.2K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    The mobile phone companies will get your credit history, not your credit score, so they will get details of any CCJ

    There are many posts from people confused because one credit reference agency gives them a high score and another gives them a low score.

    Credit Scores are just a marketing tool by the CRA's to get people to keep visiting their website to check their credit score, so they can sell more advertising or sell products to you.

    It's your credit history that counts
This discussion has been closed.
Latest MSE News and Guides

Boost your Nectar points

Get up to £25 in bonus points

MSE News

Ask an Expert: Scams

Watch MSE Katie's answers to your questions

MSE Forum

Hot Diamonds 40% off code

Including already-reduced outlet stock

MSE Deals