Most of the lenders we work with at My Financial Broker will carry out a credit check prior to approving and funding your loan. This information is checked using one of the three main credit reference agencies in the UK of Experian, Equifax and Callcredit. With information provided in real-time, the lender gets an idea of how well you have paid loans and other credit in the past and can see if you have made recent applications or have any large debts outstanding.
Applying with My Financial Broker will not impact your credit score. If you are concerned about having a credit check against your name, there are certain financial products which are no credit check loans, such as car loans, loans with a guarantor and others which require you to use collateral instead of looking at your credit status.
There are some quick ways to improve your credit score, such as closing down any credit cards and store cards that you do not use, joining the voting register in the UK (since this confirms your name, age and address) and also avoiding too many loan applications in a short space of time.