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Changing energy supplier could affect your credit rating

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Comments

  • SeanG79
    SeanG79 Posts: 977 Forumite
    Part of the Furniture 500 Posts Name Dropper
    If you only have the 2 searches, it is extremely unlikely.

    if you had 5/6 maybe
  • GingerBob_3
    GingerBob_3 Posts: 3,659 Forumite
    SeanG79 wrote: »
    If you only have the 2 searches, it is extremely unlikely.

    if you had 5/6 maybe


    Exactly. You may have already been hit with other searches for, say, new current accounts, a mobile phone contract and a new credit card. Then along comes the utility blagger and smacks you up with two more - even though you're a single customer! So you can't swap - and to make matters worse, your next application for credit is rejected as well. Unless utility searches are regarded differently from those carried out by real lenders then this is a problem.
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