Any body that has tired to mend an error in their credit report will know that it is a slow and arduous task. But do not despair; there is a solution, a credit service that claims to fix credit mistakes in 72 hours flat. Sounds fascinating doesn’t it! They are known as the Rapid Re-scoring Service, and are [...]

This is how the lenders can find out certain information about us. From this information the reference agencies provide a credit score. Many lenders operate their own credit score system, but in general they are all alike. From the information contained about us we are given a score. The higher the score, the better the credit rating. Advantages [...]

You have a right to see what information and where information was obtained about you from any of the below. If you wish to become aware of this information then you will need to write and pay a small charge fee of £10.00 maximum. The firm have a duty to reply within 40 days of [...]

There are credit reference agencies, known as Equifax and Experion. These agencies accumulate and sort out information about us. They make information available on the voter’s role, information on County Court Judgements, bankruptcies, defaults and payment profiles. They then arrange the information onto their systems. They note the voter’s role, and then add on any information concerning county [...]

Closing an account that is disastrous will help my credit score False. Closing an account will never help your credit score; in fact it could do the opposite and actually harm it! It is true that having too many open accounts can damage your score, but once you have opened them there is nothing that you can [...]

There are many credit repair agencies and other organisations that claim that they can repair credit reports. They all require you to pay a fee up front, and many claim they will refund the fee if they are unsuccessful. Well we all know that getting a refund can be difficult and often impossible, even when granted [...]

What is a Credit Reference Agency? The top 3 Credit reference Agencies in the UK are Callcredit, Equifax and Experian. They are all a commercial organisation that holds information about you, which is then provided to banks and lenders that is used to help them decide whether or not to give you a loan/mortgage/credit, or whatever [...]

Would you pay £5,397 for a computer that actually cost £1,750? Of course not I hear you say, but many people do!! How is this possible? They purchase their computer using a credit card or a store promoted charge card, and don’t pay it off in full upon receiving their statement. What normally happens? The purchaser [...]

If you apply to a FISA company or a credit brokers, then the information given below will describe how your data is processed. If your data is to be processed differently then the trader should tell you. The information you have provided will: – 1. Process the application you have made. 2. Cause a search to [...]

English law states that all information given to agencies / companies by their applicants must be entered into their systems correctly, and any inaccurate details can be changed or indeed deleted So once you have received your copy of your report file, follow the advice below to ensure your details are fair and accurate. 1. [...]