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Drop in credit score because of address change
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sugarbabe84
Posts: 259 Forumite
I’m waiting to complete on a property, but my credit score on Experian has dropped to from 994 to 989, as I had to change my to my parent’s address whilst I wait to complete. Unfortunately I’m not on the electoral roll at my parents address, so it’s led to the drop.
It’s marked as a negative factor. Could this drop affect the final checks that the bank does before completion?
As when I applied for the mortgage it wasn’t an issue. I was on the electoral roll at my rental address.
It’s marked as a negative factor. Could this drop affect the final checks that the bank does before completion?
As when I applied for the mortgage it wasn’t an issue. I was on the electoral roll at my rental address.
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Comments
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Experian credit score has no bearing on your mortgage application0
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Ignore the 'score'. It's just a made up number that nobody apart from you and Experian can see.0
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The number won't make a scrap of difference, its pretty much made up.
Not sure on the electoral roll thing, might be worth asking on the mortgages board, there are a few knowledgable brokers on there.0 -
sugarbabe84 wrote: »my credit score on Experian has dropped to from 994 to 989.
More education is required I think.0
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