person in debt checking there credit score

Understanding and Improving Your Credit Score

A credit score is a simplified overview of your credit history, giving lenders and prospective loan providers a general idea of your previous credit commitments, repayments and reliability. Currently in the UK, credit scores are measured by three credit reference agencies (Experian, Equifax and TransUnion), who monitor and allow you to check your credit score.…

moneyplus happy couple credit score

Credit scores

Credit scores In its essence, a credit score is a number that lenders (banks, car finance dealers etc.) use to determine the risk associated with loaning money to someone. These lenders decide how much they’re willing to loan you (and at what interest rate) based on your credit score – it can also be checked by landlords…

Breathing Space: What You Should Know

Breathing Space: What you should know It has been a while in the making (as far back as October 2018), but the government has recently announced its plan to introduce a new measure to protect people in temporary financial difficulties from getting into further debt. The measure is called Breathing Space, and it comes into…