So you decided to buy that new car and spend the day looking for a low-cost loan. You spot the loan you like but you are declined credit. Why have you been declined? Well let’s take a look at some of the reasons why your application for credit might have been declined. You have no [...]
A good question. What is a Credit Report? Well a credit report is a complete overview of your credit accounts and how you have managed them, along with other information from public and private sources. If you have taken out credit, then it is likely that a credit reference agency is being provided with details [...]
Credit Reference Agencies in the UK maintain a history of data submitted to them from companies who you hold an active credit account with. Data is usually stored for up to six years, even when an account is closed, defaulted or settled. The information that you will find on your Credit Report can include the [...]
Your credit report contains information about the credit accounts you have. This article explains what credit reference agencies in the UK do as well as the types of information they store on your credit report. I also discuss how the information held within your Credit Report can affect the decisions lenders may make when you [...]
This post looks at some of the ways you can improve your Credit Rating. Once you and I get out of debt we may be looking to get a mortgage and a good clean Credit Report will really help us. On that basis I will write a little about the ways you can improve your [...]
