Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Category: Improving Your Credit Score

Divider

5 Tips To Improve Your Credit Score

Having a low credit score can make it more difficult for you to get credit, whether it’s a mortgage or a payday loan. It can be both embarrassing and upsetting when it happens. It can also be frustrating, especially if you can’t afford to repay a significant amount more than you currently are. However, there […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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, your purchases are protected by your credit card provider. But what does this really mean? And are […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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. He or she may need the funds needed to achieve their ambitions, whether for business, car purchase, or holiday. If your application is declined, a life goal may not […]

Continue Reading