What's the best method of checking my credit rating?
Discussion
the "credit rating" score is essentially meaningless.
Any scoring system is entirely dependant on the lender and nothing to do with the reference agency.
For example the experian site will give you a score based on your history but doesnt take into account your employment status at all!!!
What credit expert does give you is a very nice view of your last 6 years of credit history (in theory all that is relevant, but may not be the case) and the history of payments, late payments, defaults, CCJs, etc. and can give insight into reasons why you may be declined credit that you didnt know about (a default from a forgotten about mobile phone contract is a common one!)
Any scoring system is entirely dependant on the lender and nothing to do with the reference agency.
For example the experian site will give you a score based on your history but doesnt take into account your employment status at all!!!
What credit expert does give you is a very nice view of your last 6 years of credit history (in theory all that is relevant, but may not be the case) and the history of payments, late payments, defaults, CCJs, etc. and can give insight into reasons why you may be declined credit that you didnt know about (a default from a forgotten about mobile phone contract is a common one!)
A great bit of product management. You can write to credit agencies such as Experien and they're legally obligied to send you your credit history at no cost.
Alternatively you can apply online for a tenner.They have made a killing out of getting customers to pay for information they can have for free!
Alternatively you can apply online for a tenner.They have made a killing out of getting customers to pay for information they can have for free!
Bandit said:
A great bit of product management. You can write to credit agencies such as Experien and they're legally obligied to send you your credit history at no cost.
Alternatively you can apply online for a tenner.They have made a killing out of getting customers to pay for information they can have for free!
Sorry that is wrong. As consumers we are entitled to submit a subject access request to a data controller - they can charge up to a maximum of £10 for you to see the data they hold on you. You can see your standard credit file for £2 - this is a mandatory cost and the amount agreed between the bureaux's and the ICO. You cannot see your data for nothing.Alternatively you can apply online for a tenner.They have made a killing out of getting customers to pay for information they can have for free!
http://www.ico.gov.uk/for_the_public/personal_info...
Like everything in life the CRA's have then started to offer extra services such as credit scoring and credit file monitoring. For anyone that has been hit by identity theft they will tell you how useful the monitoring products are. These are all optional - and as mentioned just remember to cancel the subscription after the 28 days if you don't want to pay.
Going back to the question - is it credit score, or credit file info you are after? If the latter then send in your £2 to Experian, Equifax or Call Credit and your good to go. If it's credit score look for the free deals and just cancel before the free period ends.
The scores do have some use, while many of the large banks will use bespoke scoring there are plenty of mid size and small lenders that will use the bureaux's own scores - either generic or enhanced. So they will give you a rough idea of where you stand based on your credit FILE data only.
DanGPR said:
DanGPR said:
DanGPR said:
DanGPR said:
So is that little delete icon on your multiple posts 
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