I made a mistake on my application

Jimifan

I have just registered for the Credit Club/Experian. It's showing my bank balance as nil!
When putting in bank account details I think I put the wrong accounts/credit cards as I didn't understand some of what they were asking and I can't see how to go back and change the information.

Can anyone help please?

[Deleted User]

Your bank balance should always show as nil, unless you're overdrawn.

Jimifan

Ah, I see.
And they are not interested in any savings you might have?
Also  it says my debt to income ratio is high, but I don't have any debt. I paid off all my credit card debt a year or so ago and now pay it off in full every month.

[Deleted User]

No, because you can blow your savings in a heartbeat, or could even borrow them temporarily to fudge an application.

It doesn't matter what your the CRAs say about your debt, your income or anything else. Only that the data is correct. The lenders are the ones who'll decide if you have too much debt.

MEM62

Jimifan said:

And they are not interested in any savings you might have?

Your credit report is not a vehicle for showing bank account balances and savings.  It shows how you manage borrowing / credit as this is what is relevant in making lending decisions.  Your savings are not.