Category Archives for Credit Score

Different systems

Do we Have a FICO Score in the UK?

Believe it or not, there are multiple ways for your credit score to be calculated. This goes beyond how the credit reporting agencies compile data for your credit file, mind you. It’s about different programs that use different standards in order to come up with a figure for your credit score. One of the more […]

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Finances

How Can I Keep My Score Safe?

The best thing that can be said about credit scores is that you can at least expect a new figure once the next credit report is ready to be published. Credit scores are quite inconsistent from one report to another because they are based on your most recent activities. Here is the problem, though: a […]

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Housemates

Being Financially Linked: What Do I Need to Be Aware Of

It’s not uncommon to check on your credit report and find something there is seemingly inaccurate or out of date. Things like wrong entries or outstanding balances already paid are easily disputed and subsequently amended. However, one factor that is not as easy to dispute is that of financial links. What are these and how […]

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Smart toddler learning basics

What is a Credit Score?

So far, we’ve been talking about how to improve on credit scores, what to do keep them at a high, and what not to do in order to hurt it. We’ve also been talking about how a credit score can influence many of your transactions, even those activities that do not necessarily revolve around credit. […]

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Steps to sucess

Can I Increase My Credit Score?

Whether you agree to the notion or not, there is no denying that your credit score will determine the success of many of your financial transactions. Think of it like your reputation of sorts; only in digital form. It will precede you in every activity you take and can even dictate whether or not lenders […]

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Long road to success

What are the Best Ways to Build Up My Credit Score?

Your credit score is the sole thing that you can rely on when it comes to making sure that whatever loan or credit you apply for pushes through. Here’s the problem, though: it’s tricky to build up. It’s a bit like losing weight, really. It’s a long process that may require you to do trial-and-error […]

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Multiple searches

Do Many Searches Hurt My Score?

Your credit score is there to give lenders an idea what risks they are taking when doing any kind of transaction with you. It’s not just lenders who would want to know your score. Even other people like potential employers, landlords, and debt collection agencies would want to know of your current financial performance. But […]

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Bandaged teddy

How to mend a battered credit score

How to mend a battered credit score So what happens if you have gotten yourself in a little pickle and you now are looking to figure out how to mend your credit score. Firstly do not turn to one of those clear your credit report agencies who claim they can clear away any negatives on […]

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Footsteps

Getting into debt is GOOD for your credit score !?

“Debt is Good”!?  Did we mistype the headline? Actually, No. By clearing off your monthly credit cards each and every month although is great does not give any indication on how well you would manage debt. When someone who is looking to provide you finance looks at your score they are none the wiser whether […]

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Woman feeling free

How to check your credit score for free

Tips to check your credit score…for freeFirstly what is your Credit ScoreEveryone in the United Kingdom who has had credit, on the electoral roll will have a credit profile. Checking what is contained in your credit report is a must-do activity as this will dictate your ability to get credit in the future. Maintaining this […]

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