Different ratings - help!!

LauraB89

Hii everyone - I am trying to pay off all my debts (I am not massively in debt, but I have a few that I want to be rid of) and I am trying to get in to a position whereby I can get a mortgage in the next few months.

I no longer have any overdrafts, and my credit card usage is at about 50% - always paid on time and will be paid off in full soon.

I have one loan that I am about 75% paid on - again always paid in full on time.

MY experian and equifax scores are fair-good but my call credit score is abysmal - will this have an impact on my mortgage chances?

By the time I apply, I will be debt free (apart from a PCP car loan) and have a deposit of circa £35k (from my dad). I have good earnings, and I don't need to borrow much.

I did ask Call Credit why my score was so low, they said it was because I haven't been at my address long (I have been on the electoral roll since 2011 - I am only 27!) and late payments on closed accounts - I wasn't great while I was at uni, but haven't missed any payments for several years.

Can anyone offer any advice? How can I improve my call credit score/will it affect my mortgage chances?

Thanks :huh::huh::huh::huh:

YorkshireBoy

The mortgage provider won't be concerned with your CRA derived credit score in the slightest! In fact, they won't even see it!


If they're lending 6-figure sums they'll do their own assessment of your financial situation, and that starts with the raw data on your CRA file.

DCFC79

LauraB89 wrote: »

Hii everyone - I am trying to pay off all my debts (I am not massively in debt, but I have a few that I want to be rid of) and I am trying to get in to a position whereby I can get a mortgage in the next few months.

I no longer have any overdrafts, and my credit card usage is at about 50% - always paid on time and will be paid off in full soon.

I have one loan that I am about 75% paid on - again always paid in full on time.

MY experian and equifax scores are fair-good but my call credit score is abysmal - will this have an impact on my mortgage chances?

By the time I apply, I will be debt free (apart from a PCP car loan) and have a deposit of circa £35k (from my dad). I have good earnings, and I don't need to borrow much.

I did ask Call Credit why my score was so low, they said it was because I haven't been at my address long (I have been on the electoral roll since 2011 - I am only 27!) and late payments on closed accounts - I wasn't great while I was at uni, but haven't missed any payments for several years.

Can anyone offer any advice? How can I improve my call credit score/will it affect my mortgage chances?

Thanks :huh::huh::huh::huh:

You do know the scores arent even seen by lenders, all you have to do is search the forums for similar threads. Is your history correct, any debts not yours. You have checked the 2 main agencies which is good, there's also Call credit but you can use Noddle to access your file held by Call credit then there's clearscore (which is free) which uses Equifax data.

Don't pay for the Equifax or Experian subscriptions.

I say the scores are about as much use as the English FA.

LauraB89

That's brilliant - thanks everyone x