Credit Ladder

Dobbibill · 28 March 2018 at 6:26PM

If you want to see your Experian report don't pay £14.99 for it - do it via Credit Club
https://www.moneysavingexpert.com/creditclub

GM1880 · 29 April 2018 at 12:20PM

Interestingly, the credit ladder payments are not appearing on my own Experian account, but are appearing on my statutory report. Not necessarily a major drama as lenders can see it when they credit check me, but seems odd (and against what Credit Ladder say on their site) that it's not visible on my Experian account.

DCFC79 · 29 April 2018 at 12:25PM

asabentley wrote: »

My name is Asa Bentley and I am the Operations Director at CreditLadder. I would like to help with the queries. If there is anything else that I can do to help let me know. You can always leave us a message via chat on our website and we'll get back to you within one working day.

• Bank login is handled by an FCA regulated partner who does not store your login details. The details are turned into a token for reading access only. All with bank-grade security and the same technology that companies like Zopa are now using when you apply for a loan. Bank reading is now our most popular option chosen by our users and allows you to continue paying your landlord/agent directly.
• We have HM Treasury backing, we are recommended by Experian (Google, "Experian Rental Exchange Tenants") and are registered with the ICO for data protection. Rest assured everything is handled with care and accuracy.
• Experian did have delays loading the rental data but this has now been completed. CreditLadder reported rental data is appearing on the £2 Experian Statutory Report. This is the report that lenders see and we expect to appear on Credit Matcher and Credit Expert in summer.
• We are not part of Make Ur Move we can confirm. Our website has offers and plans which you can opt for and we make revenue from these services. When you register, you can state what you do and do not wish to receive information on.
• We set up CreditLadder as we thought it was crazy that a tenant’s largest expense was not included in their credit history and our method is much cheaper and less risky than a credit card. But CreditLadder can complement a credit card also – you're free to choose.
* We've reported over £18m in rent to date and look forward to helping many more to make their rent count.

We would love to get you on board. Please do contact me for anything that you may need.

You need permission to post as a rep for a firm, you shoukd get this sorted as you could be anyone.

Dobbibill · 29 April 2018 at 3:00PM

Here's the information you need to post as a company - until then I have reported your post as spam.

https://www.moneysavingexpert.com/site/forum-faqs?_ga=2.98686494.1273816046.1519928820-1295540533.1519380617#companies

[Deleted User] · 29 April 2018 at 3:14PM

I’m sure whatever shows on CreditExpert or even the MSE Credit Club would be the same data.

I can’t imagine them withholding data from some and not others

pinkcocktail82 · 20 May 2018 at 3:01PM

I'm a little confused... I check my Experian credit report via MSE credit club, isn't that my statutory report? If so my credit ladder payments aren't showing on there yet. I'm happy to be patient though as I believe it's an excellent way to boost positive history (in time).

Munchieboy · 4 July 2018 at 9:37AM

I've been paying my rent through credit ladder for a while now with no problems.
They emailed me about changing to rent reading (which is where you pay your rent to the landlord directly and credit ladder reads the payment and uses it towards your credit score) but when I clicked on the link it asked for my internet banking login details.
I don't give that information out so I went to the bank , Lloyds, and spoke to 2 advisers who both told me NEVER to give my login details to a third party as it means the bank won't insure you for any mistakes on your account.
Can anyone from mse help with this as I'm starting to not trust credit ladder especially as it says on here that they are owned by Make Ur Move but the lady above says different!

Munchieboy · 4 July 2018 at 2:28PM

My bank Lloyds has never heard of account reading.? Can you explain ?

TheJC · 14 July 2018 at 3:45PM

Munchieboy wrote: »

My bank Lloyds has never heard of account reading.? Can you explain ?

Lloyds Bank's page on Open Banking: https://www.lloydsbank.com/online-banking/open-banking.asp

gionnetto · 14 July 2018 at 7:48PM

I have used them for over one year. My payments were always on time, and they are all in my statutory report. Unfortunately my bank hasn't implemented open banking yet, but whenever I've had a query they've responded fast and to my satisfaction. No idea how they make money, however - as a newcomer to the UK - my only accounts are: 1 bank account, 1 landline (which doesn't show on Experian but only on Equifax and CallCredit), Credit Improver, Cashplus Advance and Credit Ladder. I know that the credit score doesn't mean much, but I don't believe I could have jumped from 600 to 854 in one year if these companies weren't doing something good about my credit building efforts. I recently got my first credit card with a 500 GBP limit and that, too, is the result of all I've built, I believe.

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