Check your Credit Score UK
Credit Score UK
Your Experian credit score is calculated with a score between 1-999, this score determines the choice of financial products available to you. Lenders will view your credit score to ultimately make the decision of products they can provide. Each lender will score you differently, meaning that you can try other lenders for support.
Lenders will complete a background check when you apply for a financial product such as a loan, the information is gathered and reviewed as a part of a credit check. The lenders need to be satisfied that the they will receive their finances on a timely manner, the credit score provides useful information to support their decision.
It is vital that any applications for financial products are completed carefully and correctly, incorrect forms can result in rejection, consistency is the key for all applications.
Credit score can be affected by many financial areas such as
- Credit Card
- Utility bills
An Experian account lets you access your Experian Credit Score for free which is updated every 30 days each time you log in. Your credit score could make the difference to your chance of getting credit, and Experian believes that everybody should be able to access it without paying a penny. On Experian.co.uk you can also see your chance of being approved for credit cards and personal loans before you put in an application.
Experian is known to be the UK’s most trusted credit score provider*. Your score is a number from 0-999 that’s based on the information in your Experian Credit Report. The higher your score, the greater your chance of getting the best credit deals.
*‘Most trusted’ based on 57% of 1086 respondents. ICM Unlimited survey June 2018’.
Getting approved for credit (such as a mortgage, loan or credit card) isn’t guaranteed, and having your application rejected could delay your plans. But you can raise your chances of approval by increasing your credit score.
The Experian Credit Score gives you an idea of how lenders may view you. It reflects your credit history, which companies look at to help them decide if you’re a reliable borrower. You can check your score for free – the higher it is, the better your chances of borrowing money at the best rates. It’s based on your financial behaviour, so you have the power to change it.
Buying your first home is an exciting life step and you want to ensure you are in the best position to be qualified for a mortgage. Lenders look at several factors including, your salary, debt and savings when considering your application. Your credit score could be one of the most important factors in determining whether your application is approved or rejected.
Make sure you don’t let anything stand in the way of getting your dream home. So, if you’re looking to buy a new place, our friends at Experian are helping you get ahead of the game by offering you your Experian Credit Score free, forever!