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.
Tag: Credit Report
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.