Credit reports UK - personal and free online

Personal Finance Guides Online at:

Personal Loans from 5.5% - Compare Now - Compare 550+ Cheap Personal Loans from 5.5% & Get a Fast, Free Quote.

Debt & Financial Advice - We Could Solve Your Financial Problems Today. Try Our Free Debt Test.

Bad Credit Loans - £200- £15,000 Bad Credit Rating Loans. No Credit Checks. Apply Online

If you are having trouble obtaining credit from lenders in the UK, it is because there is some information on your personal credit report that is causing lenders to reject your applications.

We provide free online information to help you take the next step.

What is a credit report?

It is a report that is generated by a credit reference agency. The information within the report ranges from publicly available data such as your name and address to specific details regarding current loans and previous applications for credit that you have made in the past.

What is the report used for?

Companies use the information within the report to assess whether or not you pose a risk to them as a borrower. If you have a history of late repayments on past or current loans, or it looks like you will be over committing yourself financially if you take out any more loans, the lender may give you a low credit score. If you do not score highly enough for that particular lender's requirements, your application will not be approved.

Are all credit ratings the same?

No. Different companies use the details in your credit report in different ways. Where one will penalise you for having lots of other loans and credit cards, others will view this as a positive as it shows that you are a responsible customer who can repay bills on time.

Are other people's details held on my file?

Possibly, yes. If you currently share or have previously shared a financial arrangement with another person, that person's details may be included on your file. In addition, information about anyone residing at the same address as you with the same surname may be included, although this system is currently being phased out and should soon no longer be the case.

Where can I get a copy of my file?

You can request a copy from any one of the leading credit reference agencies for a small charge. This should give you an indication as to why you are being refused credit so that you can start to improve your credit rating. If any of the details are incorrect you should contact the agency and ask them to put it right.

Pink Fridge Online Magazine > dating online > marriage counselling > wedding planning guide > pregnancy symptoms & advice > how to work at home > car insurance advice > overcome depression > hairloss in women > weight loss > diet pills > skin care > tanning > baby gifts > planning a funeral > shopping for perfume > shopping for earrings > shopping for engagement rings > shopping for sunglasses > shopping for shoes > shopping for wedding favours > shopping for wine

© The Pink Fridge Online Magazine 2009 - Credit Reports