Credit Ratings

  • This section of the website contains information on credit ratings - how to obtain and also provides help on how to repair your credit rating.
  • Whenever you apply for credit, lenders will routinely run a credit reference search by contacting the major credit reference agencies, who hold your personal credit information on file.

How did I manage to get a bad credit rating?

If you have ever had trouble getting a credit card, loan, mortgage or even car finance, a bad credit rating could be one of the main reasons you might get turned down. Even opening a normal bank account could be difficult.

If you've ever been bankrupt, had a county court judgement, defaulted on a previous loan payment or missed a credit card payment you will will more than likely have a bad credit history.

Is there a credit blacklist?

Many people believe that there is a credit blacklist, on which everyone with a poor credit history resides and lenders use this to deny credit applications. This is not true!

Is there any way I can clear a bad credit rating?

If you've had a loan refused or been turned down for a debt consolidation loan or other credit, a poor credit rating could be the reason.

You should obtain a copy of your credit history by contacting one of the UK's credit reference agencies. Please read the My Credit Report page for more information.

Debt Management
Insolvency or IVA
Debt Consolidation
Trust Deeds
Bank Accounts