Soft credit inquiries will not leave a mark on your credit report or affect your credit score. What’s the difference?
Category: Credit Score Explained
Credit Basics – What Exactly Is “Credit”?
Understand the concept of credit: borrowing for goods or services with a commitment to repay within a timeframe, often with interest.
What Is Payment History And How Does It Affect Your Credit Score?
Your payment history is usually one of the main factors taken into account when calculating your credit score, as it tells a lender or creditor how you have repaid your credit previously.
How Is Your Credit Score Calculated?
Discover how credit scores are calculated by different bureaus and factors that influence your credit score. Learn more.
What Exactly Is A Credit Score?
A credit score, also referred to as a credit rating, is a figure which tells potential lenders how likely it is you will pay back any credit that they choose to lend you, and therefore how much of a risk it would be to lend to you.
Check Your Credit Report First Before Applying For Finance
Most students don’t realise how a credit score can affect the first impression and outcome of their application for a loan.
Household Bills And Your Credit Record
You might be surprised to know that even if you haven’t borrowed money during your studies you may still have a credit record.