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Category: Improving Your Credit Score

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Four Factors Affecting Your Credit Score, And How To Fix Them!

Your credit score affects many of the financial aspects of your life, including applications for payday loans, mortgages, and even for rented housing. Therefore it is important for you to have the best credit score you can. However, sometimes there are factors that can negatively affect your score. Luckily, some of these factors can be […]

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What Exactly Is A Credit File, And How Does it Affect You?

You may have heard before that your credit file is important and that “you should really check your credit score more often”, but why? What makes your credit score so important, and how does it affect you? We’ll lay it all out for you. What is a Credit File? A credit file is made up of […]

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Credit Card Protection: Explained

There are so many benefits to using a credit card, one of which is credit card protection. However many of us don’t fully understand or use these safeguards that free. Under Section 75 of the Consumer Credit Act, you are protected by your credit card provider for purchases. But what does this mean, and are […]

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8 Common Credit Card Mistakes to Avoid

They say that half the battle is knowing what NOT to do. If you’re looking to start building up your credit or repair a bad one, responsible use of a credit card with regular purchases and on-time repayments can help improve your credit score. A better credit score will make it easier for you to […]

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Could These Surprise Factors Be Affecting Your Credit Rating?

Building and maintaining your credit score is vitally important to maintaining your creditworthiness, as potential lenders will use this score when assessing the risk of lending to you. Your credit score can fluctuate depending on your behaviour, such as falling behind or missing payments entirely. However, there’s a surprising number of factors you may not […]

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What Creditors See On Your Credit Report

In today’s world, we are constantly bombarded with advertisements for quick cash and free credit scores. Credit reports are a necessary when buying a home, car, and other big expenses that will require a loan. Knowing the information that the creditors will see on your report can make a huge difference in the amount of […]

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Should I Check My Credit Rating?

The credit rating system is an efficient tool that is used by lenders to assess prospective borrowers. Each person is rated based on their credit history and their past behavior towards loans. The rating is supposed to evaluate the risks associated with lending to that person. A person with excellent credit rating finds it easier […]

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4 Ways to Improve Your Financial Status

A person’s credit score and rating is a reflection of their financial health and credit-worthiness in meeting financial responsibilities, such as for long and short term loans, mortgages and bill payments.  Through improving credit score and rating, a person may improve their financial status. Being credit-worthy gives lenders confidence in a borrower to approve either […]

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Reasons Why You Keep Getting Turned Down For Loans

Once a loan application for a loan is completed to borrow money for a specific purpose, the potential borrower eagerly awaits the result of the application so that he or she may receive the funds needed to achieve his ambitions, whether for business, car purchase, or holiday. A declined application potentially means that a life […]

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