Have you seen your credit rating??
January 29th, 2009 | by abigail |
This is important and FREE!!
When you apply to your usual bank or a new lender for a loan, mortgage or credit credit card. They check your credit worthiness.
They see what money you have or do owe and whether or not you are paying it back, then they decide whether you are a good or bad risk, whether they should lend you money at their best rate or not at all.
How can they see all this information? They use a credit reference agency like experian, you can see this information too and you can see it for free.
Knowing what your credit rating is like means you can work to improve it, improving it could save you money especially in these days of the credit crunch.
View your Experian credit report online for FREE