Credit Reports Explained HTML version
Credit Reports Explained
HOW YOUR CREDIT REPORT AFFECTS YOU
The contents of your personal credit report are very
important, and help determine whether or not a lender
accepts your application for credit, such as a credit card,
loan or mortgage.
Your credit report can affect your ability to:
• Get a loan
• Get a credit card
• Obtain a mortgage
• Get the best credit deals
As the information held about you by credit reference
agencies like Experian is used to help determine what
credit you can obtain, it is important that those details are
You can view your credit report online for FREE at:
WHAT INFORMATION IS CONTAINED IN A CREDIT
Credit references agencies – the largest in the UK is
Experian – collate information about your financial
background and past behaviour and format this data into
your unique credit report.
Lenders see this information when they decide whether or
not to offer you a loan, mortgage or credit card.
It influences their assessment of the likelihood that you will
Information comes from two main sources:
Get a FREE CREDIT REPORT NOW!