Credit Score

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7 ways to protect your credit score as a student

A credit score is used by lenders to assess the level of risk in lending to you. The better your credit score, the more likely you’ll be offered reduced interest rates and cheaper monthly premiums in the future.

Can I ask for a default mark to be removed from my credit score?

If you miss a payment such as for a credit card you will get a default mark on your credit history and it can take up to six years to be removed. However it may be possible to ask for it to be removed. Here we explain how default marks occur and what you can do to get them removed early.

How does my credit score affect my car insurance premium?

When you take out a new car insurance, an insurer may look at your credit history to decide whether or not to sell you the policy. Confusingly, sometimes they will also look before you’ve bought a policy and this search will show up on your credit score.

Hard searches vs soft searches: what difference do they make to your credit score?

Your credit report contains a lot of information about you which a lender will consider when working out whether they want to lend to you. That covers everything from your address to your existing use of credit and whether you’ve made any late payments on that borrowing. It also includes ‘footprints’ left from previous credit applications, which will then affect your overall score and your chance of being approved for credit in future.

7 ways to improve your credit score fast

A credit score is used by lenders to assess the level of risk in lending to you. The higher your credit score, the more likely you are to be offered reduced interest rates, better offers, and cheaper premiums. But don’t panic if your credit score’s low, as there’s a number of easy ways to improve it fast.

Cutting Through The Jargon - What Is A Credit Score And Report?

The words ‘credit’, ‘credit score’, and ‘credit report’ are likely things we have all come across in our daily lives. They are key financial terms that are often thrown around, but what do they actually mean? And how do they affect us?

People With Bad Credit Are Not Bad People

Bad credit can make you feel like a bad person, but there are many reasons why good people end up with a bad credit score and plenty of practical things you can do to improve it. There is no need to feel ashamed or embarrassed by a bad credit score when it is entirely possible to help yourself to a better financial future in easy, manageable steps.

Poor Credit Score? Don’t Panic!

So, you bit the bullet and found out your Credit Score rating and, yikes, it turns out you have a Poor or even Very Poor credit score. This can be an enormous shock, but don’t panic. There is a lot you can do to improve a poor credit score or even to decide if it matters. If you have just found out you have a poor credit score, what do you next?