To keep our credit report, score and other ClearScore services free, we’re sometimes paid a commission from our partners. For example, we might be paid:
- a fixed amount when you choose to take out credit
- an amount based on the number of people that decide to take out credit with a particular lender through us
- an amount based on the total amount you chose to borrow or pay the provider for their service
- a fee when you click to one of our partner’s websites, even if you choose not to take out credit or use their services.
We never rank products based on how much commission we earn. And there are no paid spots on ClearScore. Our recommendations are always based on your report and personalised to your financial situation.
More about different types of commission:
A flat fee is a fixed amount we receive whenever you take out a product through us. The amount we get has no impact on the amount you pay for the product you’ve chosen.
Fee based on the rate of conversion
When you see a credit product you’re interested in and click apply, you’ll be redirected to the lender’s site to complete your application.
Our fee is sometimes based on how many applications a lender turns into customers. The more customers they gain, the lower our fee. This helps encourage lenders to make it easier to become a customer.
Percentage based fee
For some products, the fee we receive may be based on the total amount you get from the lender (for example if you took out a personal loan). We could also receive a fee for the amount you paid the provider for their service (such as insurance premiums).
We sometimes work with other brokers like us, and the commission will be a share of the revenue they’ve earned from the lender or provider. We use this fee structure mostly for personal loans and insurance products.
If you click to visit a partner’s site, we may receive a fee even if you didn’t take out a product. We only use this if no other option is available.
We always show you products based on your personal situation, and the commission we earn is not a factor in any of the products you’ll see.
Fee for subscription services
We also offer services that have a premium subscription (for example, ). We may charge you a monthly or annual fee. The cost of any subscription service is outlined in the product before you subscribe and you can cancel at any time.