No credit history

maz02

My daughter is 19 works 20 hours per week and has just moved out. Can someone please advise me as she can't get any credit on anything.she has signed up to get her credit report/score and they are saying she doesn't exist. She is on the electrol roll and has a bank account. Any advice on how to get a credit score ?

Candyapple

No such thing as a credit score, it's just a marketing gimmick.

The problem seems to be that her details are not being matched with the credit reference agencies. Your daughter needs to phone Experian, Equifax and Call Credit individually and query why her details are not matching/she appears as non-existent. It might be something simple as an address format is written differently.

nicefish

Hope you don't mind me hijacking this thread...

My wife is originally from Brazil and has been living in the UK for nearly a year now.

She's currently on a visa until she can apply for Indefinite Leave to Remain in around 4 years.

We have a joint account with Naitionwide and she starts her new job on Tuesday.

We want to start building her credit history, so I was wondering what is the best and easiest route to start doing this?

She's not allowed to vote so won't be on the electoral role and we've only been in our house for 3 months.

Any help/advice would be gratefully received.

[Deleted User]

A credit card from a sub prime provider if she can get one.

Still may be a stretch though.

Shark1966

Tell her to get a credit card. Spend up to £100 per month, and set up a direct debit to pay off in full. Her credit will soon start to rise.

DCFC79

Shark1966 wrote: »

Tell her to get a credit card. Spend up to £100 per month, and set up a direct debit to pay off in full. Her credit will soon start to rise.

Credit score will rise but more importantly the credit history will improve.

nicefish

If she can, hopefully, get a credit card wouldn't it make more sense just to buy something for £50, snap the card and just start paying the minimum amount every month? Wouldn't this build her history sufficiently rather than spending £100 a month?

MallyGirl

but then she will have to pay interest. no need for that. use and pay in full by DD

[Deleted User]

No. Because she would soon clear the balance and be back in a situation of not actively using credit. Plus, she would be paying interest.

Anyone who cannot clear a £50 spend in one go will be seen as extremely high risk.


She doesn't need to spend £100. Just put some regular spend through it each month and pay in full.