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spence4032
Posts: 2 Newbie
Hi
can anyone tell me why my credit rating has dropped every month since the COVID 19 outbreak even though I continue to make my monthly payments and have not applied for any credit or products?
can anyone tell me why my credit rating has dropped every month since the COVID 19 outbreak even though I continue to make my monthly payments and have not applied for any credit or products?
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Please read the stickie at the top of the forum "what your credit score really means".ThanksI’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter2
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spence4032 said:Hi
can anyone tell me why my credit rating has dropped every month since the COVID 19 outbreak even though I continue to make my monthly payments and have not applied for any credit or products?It's because that number you see means absolutely jack sh*t no lender sees it or uses it, its just a method to used by the CRA's to fish you in and make you believe its important.Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:0 -
Nope. And neither can the originators of the fantasy number.spence4032 said:Hi
can anyone tell me why my credit rating has dropped every month since the COVID 19 outbreak even though I continue to make my monthly payments and have not applied for any credit or products?3
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