We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

The MSE Credit Club

Options
I hope this is the right place to post this question!


I just signed up to the Money Saving Export Credit Club (looks great by the way and will be super helpful & useful for me!). However I did notice something that seems to be somewhat of a catch 22.


It's always recommended that we shop around each year on utilities, car insurance etc. However I got just an "Ok" rating on my Account Stability score because the average length of my "financial relationships" last under a certain number of years and according to that I could be less attractive to lenders.


Now there is a caveat on there that it's only a minor point & I'm unlikely to be rejected just on that alone, but is there a happy medium that can be struck, or with loyalty by and large not being rewarded is there really no way to escape this?

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.