What’s in your credit file influences your credit rating and your credit score, so you need to make sure you’re looking after it. How you have “behaved” when repaying credit or using services where you pay after use (e.g. some utilities) is captured in your credit file. Your credit file sits at one or more of the UK’s three credit reference companies (Call Credit, Experian and Equifax). For you to keep your lines of credit open and to get reasonable rates you need to make sure your file contains as little “bad news” as possible. Our video guide to managing your credit rating and credit file explains the tools and techniques open to you. You can do more than you might think to influence your ability to get credit in the future.
With Solution Loans you get access to a no-fee broking service and the opportunity to investigate all sorts of options before you decide to apply. Our website has loads of information and the Quick Start tool to help you narrow down your options.
- Why a Vanquis credit card could help rebuild your credit
- Make your regular purchases on a “bad credit” credit card