How reliable are them

Joeisaware539

How reliable are them loan predictions on Experian giving you a rating of 95/100% etc. To say you’ll be approved for loan are they accurate?

Retiredwelshman

Depends on what is on your credit files.
the only way to be 100% is to apply for the loan.

[Deleted User]

Experian don't lend you money so their opinion on you getting a loan is moot.

If they said 99.9% that still means 0.01% chance you could be rejected when the lender checks your file.

If they said 100% I still wouldn't trust it though

finalfantasist

They're 85.7% accurate 75.4% of the time.

PRAISETHESUN

I'd get an eligibility check directly from the lender concerned rather than from Experian. In my experience they are usually pretty good, although 95% acceptance still means than 5 people out of every 100 who apply are not accepted. Even 100% or "pre-approved" doesn't necessarily guarantee acceptance, as things can still fall down when they undertake their additional checks. The only way to know for sure is to apply