Clearscore

jones_guitar

Clearscore record 4 years, it says on their website.

LaHostessAvecLaMostess

jones_guitar said:

Clearscore record 4 years, it says on their website.

Clearscore don't record anything, Equifax do, but both of them report to 6 years.

https://help.clearscore.com/hc/en-us/articles/115005338569-How-long-does-information-stay-in-my-credit-report-

None if those show 4 years for any type of data so I have no idea what you're referring to when you say "their website shows 4 years."

CRISPIANNE3

I went into the insight area and said room for improvement and said I had been overdrawn by £205 in the last few months. Fair enough if it were true. I never ever pay interest even to the point of borrowing £6000 on my credit card for 15 months with no fee and no interest to pay. 

jones_guitar

LaHostessAvecLaMostess said:

jones_guitar said:

Clearscore record 4 years, it says on their website.

Clearscore don't record anything, Equifax do, but both of them report to 6 years.

https://help.clearscore.com/hc/en-us/articles/115005338569-How-long-does-information-stay-in-my-credit-report-

None if those show 4 years for any type of data so I have no idea what you're referring to when you say "their website shows 4 years."

Their platform is 4 years. Not the underlying report. Hence, why they disappeared.

LaHostessAvecLaMostess

jones_guitar said:

LaHostessAvecLaMostess said:

jones_guitar said:

Clearscore record 4 years, it says on their website.

Clearscore don't record anything, Equifax do, but both of them report to 6 years.

https://help.clearscore.com/hc/en-us/articles/115005338569-How-long-does-information-stay-in-my-credit-report-

None if those show 4 years for any type of data so I have no idea what you're referring to when you say "their website shows 4 years."

Their platform is 4 years. Not the underlying report. Hence, why they disappeared.

Whose is?  Clearscore report credit accounts for 6 years.

jones_guitar

LaHostessAvecLaMostess said:

jones_guitar said:

LaHostessAvecLaMostess said:

jones_guitar said:

Clearscore record 4 years, it says on their website.

Clearscore don't record anything, Equifax do, but both of them report to 6 years.

https://help.clearscore.com/hc/en-us/articles/115005338569-How-long-does-information-stay-in-my-credit-report-

None if those show 4 years for any type of data so I have no idea what you're referring to when you say "their website shows 4 years."

Their platform is 4 years. Not the underlying report. Hence, why they disappeared.

Whose is?  Clearscore report credit accounts for 6 years.

ClearScore, as a platform, only show the last 4 years. They just updated it.

LaHostessAvecLaMostess

jones_guitar said:

LaHostessAvecLaMostess said:

jones_guitar said:

LaHostessAvecLaMostess said:

jones_guitar said:

Clearscore record 4 years, it says on their website.

Clearscore don't record anything, Equifax do, but both of them report to 6 years.

https://help.clearscore.com/hc/en-us/articles/115005338569-How-long-does-information-stay-in-my-credit-report-

None if those show 4 years for any type of data so I have no idea what you're referring to when you say "their website shows 4 years."

Their platform is 4 years. Not the underlying report. Hence, why they disappeared.

Whose is?  Clearscore report credit accounts for 6 years.

ClearScore, as a platform, only show the last 4 years. They just updated it.

Which makes it fairly useless if Equifax are reporting defaults for 6 years.

I'm still baffled as to where you're getting this 4 years from thought, I can see no reference to it in any of the relevant help articles.  They may only report the last 4 years of positive history (as Equifax do) but both of them claim that things like missed or late payments, defaults, CCJ's and insolvency stay on there for 6 years.

jones_guitar

Credit Report > Insights > View All > Defaults and Repossessions

I also noticed Credit Cards have tighten up, mine says 90percent chance of acceptance, and then when I click, it says 'not eligible'. I believe this is the pre-pandemic eligibility, and a now newer eligibility. There were a few things I noticed, including going into lockdown, my credit rating degreased all the way down to very poor from good (Experian). I think a number were lowered. I just believe it is backlogged, and they are thinking of new ways to work with their financial partners, With the 4 years, my ClearScore number jumped up to almost the highest available. I believe this is purely because people maybe damaged and they have financial partners/products, so they needed a different algorithm perhaps.

Also, I don't believe all of the conspiracy theories at all, I really don't buy into them and what I suggest seems reasonable. You saw the power Amazon had, no longer accepting Visa. I did read something about the larger credit referencing agencies changing how they report.

LaHostessAvecLaMostess

jones_guitar said:

Credit Report > Insights > View All > Defaults and Repossessions

I also noticed Credit Cards have tighten up, mine says 90percent chance of acceptance, and then when I click, it says 'not eligible'. I believe this is the pre-pandemic eligibility, and a now newer eligibility. There were a few things I noticed, including going into lockdown, my credit rating degreased all the way down to very poor from good (Experian). I think a number were lowered. I just believe it is backlogged, and they are thinking of new ways to work with their financial partners, With the 4 years, my ClearScore number jumped up to almost the highest available. I believe this is purely because people maybe damaged and they have financial partners/products, so they needed a different algorithm perhaps.

Also, I don't believe all of the conspiracy theories at all, I really don't buy into them and what I suggest seems reasonable. You saw the power Amazon had, no longer accepting Visa. I did read something about the larger credit referencing agencies changing how they report.

That doesn't mean they're only reporting defaults for 4 years,  they obviously believe that the impact of defaults older than this is minimal/none existent.  They also state;

You've not gone near your credit limit in the past 6 months

One lender has viewed your credit report in the past 6 months

You've not used a credit card to withdraw cash in the last 3 months

But these are all recorded on your file in excess of the time period they're referring to, so the period is not a reference to how long it's on your file for, but how long they think it'll have an impact for which may or not bear any resemblance to how a lender would view it.

jones_guitar

Yes, I understand the above.