HAPPY RICKY

While it’s not an exact science, there are a number of specific things you can do as good practice to improve both your credit score and lenders’ attitudes towards you.

Get on the electoral roll.

If you’re not on the roll, it’s unlikely you’ll get any credit. Write to your local council to ensure you [...]

As every company uses a different credit scoring procedure, pinpointing how any given one will view you is impossible. Yet keeping an eye on your general credit healthiness is important.

You’ve a statutory right under the Consumer Credit Act to write and get your files, yet this is slow and costs £2 per agency (see [...]

Banks use a variety of information to make their decision whether to lend to you, including data held by three companies known as ‘credit reference agencies’: Experian, Equifax and Callcredit. Yet the info they have is by no means comprehensive.

What banks know about you…

There are three prime sources of information used for scores.

The application [...]