We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
High credit score low credit history!
SonyaC
Posts: 3 Newbie
I have only recently taken on a mobile phone contract so this is my only form of credit and already my credit score is very high. Should I be wary of this or could it really be so good after only 7 months?
0
Comments
-
Be careful where you get the information from. I joined the credit club here and my score was excellent which I thought odd as I have defaults. I checked back after 2 months and it had gone down to poor. Must have taken time for the into to be brought across. Not all behaviour is reported to all agencies.0
-
Ignore the scores that the CRAs give out. They don't reflect lending criteria and are too volatile to be of any use.
Manage your credit wisely, and time will do the rest. Consider taking out a credit card that you clear in full each month.0 -
I got my score through Experian who I thought would be reliable but I've never had any sort of credit before so was shocked by the high score0
-
You can safely ignore it.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards