- It’s a snapshot of your credit history and current financial status - It’s based on your credit management and borrowing behaviour at the time your monthly report is created.
- It’s likely to vary with each credit reference agency - This is partly due to the fact that some lenders share their information with different credit reference agencies. However, your report will still be based on the same base information (such as your address and income).
- We’ve partnered with Equifax, one of the UK’s three credit reference agencies, to show you your score and report for free - Equifax receives your report information from banks, lenders and local councils and shares it with us once a month.
- You’ll get a new credit report each month - You can check it as many times as you like throughout the month without affecting your credit score but remember the information only updates once a month.
- Keep an eye on your report - We recommend you regularly check your report to make sure it’s accurate and up to date. This will help you to spot any suspicious activity and make sure your report is correct for when you come to apply for credit.
Your personal details- This includes your full name, current address and any previous addresses you’ve lived at over the last 6 years.
Financial connections- People you share a joint credit account with, or have made a joint credit application with. These people are your financial connections and the joint account/application will contribute towards your credit report and score.
Electoral roll- Being on the electoral roll (being registered to vote at your address) can help to verify your identity with lenders.
Public information- Bankruptcies, County Court Judgments (CCJs) and IVAs (Individual Voluntary Arrangements) can be found in this section.
Credit account information- This includes your account balances, how much you owe, whether you’ve paid on time and the age of your accounts.
Credit application searches- These ‘hard’ searches will show on your report when a lender performs a check on your credit report when you apply for credit. They do this to decide whether or not to offer you credit.