Firstly, please tell us your...
Which of the following do you have?
How long have you been...
In the last 6 years, have you had any...
In the last 6 years, have you had any of the following?
A credit rating is used to categorise customers in very broad terms of their creditworthiness. 1 star reflects a very weak credit score, and is often referred to as 'sub prime'. A 5 star credit rating applies to those with a very low risk of defaulting. Most people fall in the 3 star credit rating category- the average.
Your credit score is your credit report boiled down to one number. A credit score is a statistical measure of your creditworthiness, on a range of 0-1000 where 0 is awful and 1000 is excellent. The average credit score is 750 out of 1000.
In simple terms, your credit score directly relates to the probability that you will successfully maintain the credit that you are applying for.
To be competitive on interest rates, a lender is likely to need to know how much risk they are taking on, so will only lend to customers who score more than a certain credit score - known as a 'cut off score'. They will automatically accept those applicants who have credit scores in excess of their determined cut-off score, and will decline all others.
Different lenders have different cut-off scores, and can vary them depending on how hungry they are for new business, and how much risk they are prepared to take.
View data reported by over 200 lenders including:
Check your credit report now for errors, to satisfy your curiosity, see your current debt, guard against ID theft, or to get cheaper credit.
See your credit score now by answering a few questions, or sign up to see your credit report and we'll work it all out for you based on your report.
It's free either way.
Arrears and late payments
Last comment1 week ago by Steven in Credit Rating
If you are less than 6 years in the country?
Last comment1 week ago by RichC in Credit Rating
Last comment3 weeks ago by KellyL in General Discussions
Last comment4 weeks ago by jrcs1981 in Credit Rating
Our expert team are all graduate credit professionals, contacted via secure messaging or Freephone 0800 612 8412 - Mon-Fri, 8 'til 5.
With over 250,000 subscribers, it's unlikely you'll have a question about your credit report that we can't answer right away.
As featured by:
Credit reports show 6 years' credit history. We show you the balance, limit and status of every account for each of the 72 months reported.
By not removing anything, you will see exactly what lenders see.
We don't spam you with alerts of minor changes on your credit report. Subscribe monthly and you are able to choose what you'd like to be alerted about.
Run a check now by entering your postcode here, or see more details of suspected identity fraud in your credit report.
© Credit Reporting Agency Ltd 2006-2015 - All Rights Reserved