Experian Boost

_chriswordley

First thread, please go gently ha!
Has anybody seen the Experian Credit Score Boost function? Personally I'm not going to do it as I know what my luck is like! Just wondering what people's experiences are of using the Boost function, was it a waste of time or did your score in fact 'boost'.

bradders1983

Its an irrelevant score that no lender sees. You could give everyone a score of three million, it hardly matters.

_chriswordley

bradders1983 said:

Its an irrelevant score that no lender sees. You could give everyone a score of three million, it hardly matters.

I know, personally whilst I have the Experian app, I rarely use it as reading the credit score forum posts I now know they're pretty irrelevant. I merely wondered what it was like and if anybody had tried it.

DCFC79

_chriswordley said:

bradders1983 said:

Its an irrelevant score that no lender sees. You could give everyone a score of three million, it hardly matters.

I know, personally whilst I have the Experian app, I rarely use it as reading the credit score forum posts I now know they're pretty irrelevant. I merely wondered what it was like and if anybody had tried it.

Haven't seen it not do I see it being of any use.
Just focus on your history being correct on all 3 reporting agencies.

cymruchris

Experian Boost is an American thing - it doesn't exist yet in the UK as far as I can see. Their system is different to ours.

Ebe_Scrooge

_chriswordley said:

I know, personally whilst I have the Experian app, I rarely use it as reading the credit score forum posts I now know they're pretty completely irrelevant. I merely wondered what it was like and if anybody had tried it.

Fixed that for you.

dr_adidas01

cymruchris said:

Experian Boost is an American thing - it doesn't exist yet in the UK as far as I can see. Their system is different to ours.

Actually it’s not just an American thing it’s appeared on my Experian app this week when my fictional number was updated. 

PRAISETHESUN

Looks like just another way for Experian to harvest more data from you. From the post above, it sounds like they plan to use open banking to get info about your banking transactions and factor that into their algorithms and then probably sell it...

dr_adidas01

PRAISETHESUN said:

Looks like just another way for Experian to harvest more data from you. From the post above, it sounds like they plan to use open banking to get info about your banking transactions and factor that into their algorithms and then probably sell it...

This was exactly my thought when I saw it, and won’t ever sign up to it. 

JonVarnas

Woah, are Experian seriously asking for login details???

MallyGirl

It is how OpenBanking works