very

patrick1982

SlovakianGuy wrote: »

Revolut won't build you any history as they are not a bank and don't report anything to CRAs. My Revolut account doesn't show on any of my 3 credit reports.

Monzo only reports to TransUnion (former CallCredit).



Not a history of payments, but still, lenders also look on address history - how long you've been registered on ER on your current address. The longer the better. It definitely helps.

Btw, if you are new to the UK, you are really well informed.
When I arrived to the UK 5 years ago, I knew absolutely nothing about credit scoring, reports, history, etc. Most other people had no idea either. In the UK it is much more complex than in most other EU countries. What I like about UK is that you can build a positive image over time if you care at least a bit and if you know what you are doing. You can see your own credit files, etc. No such thing in Slovakia and probably in many other countries either.

thanks i learned a lot from living in the US.

But u right when i moved with my husband to Germany (he's american) he stepped out the plane on a TOURIST Visa (stamp) we went to the local Credit Union and opened an account with no history he got a 500 Euro Credit Card just like that LOL

And Vodafone gave him (because he had a bank debit card) 3 days later a brandnew phone for 1 Euro......

DCFC79

OP so you have a Monzo account but not yet on the electoral roll yes ?

patrick1982

DCFC79 wrote: »

OP so you have a Monzo account but not yet on the electoral roll yes ?

i got myself a santander yesterday, since they seem to be better with reporting to all 3 agencies.

And i did sign up for ER but it will be processed on 1st of August