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How do I understand my credit rating?/h2>

Learning about credit ratings

The items that score your credit rating are given below:-

  • Your application form - all the details you fill in on your application form, ensure this is completed accurately.

  • History with the company - have you had a loan from them before?

  • Credit reference files from industry agencies - These agencies build data from:-
    • Court records
    • the Electoral role
    • Financial data

There is also some information they *don't* know:-

  • Student Loans

  • Fines

  • Savings Accounts

  • Criminal Record

  • Medical History

  • Third Party Information

  • Child Support Agency

  • Accounts opened before 1994

Quick Helpful Links

Credit Rating Links

Equifax allows you to request your credit file.

Experian credit report.

Call Credit credit report.

Wikipedia's page on credit ratings.