Confused By Credit Scores!! HELP!!?
View your credit file based on any of the UK credit reference agencies, or all three at once
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The better your financial information the better chances for a loan at a better rate. Or any loan at all.
Put it this way, the less you need the loan the more likely that you can get one.
So how they rate you isn't as as important as, if they will give you a loan or not. And what you interest rate will be.
In this day & age getting turned down for a loan means you are in bad financial shape, Or may be you have never bought some thing on credit.
Confused By Credit Scores!! HELP!!?Sometimes creditors only report to one particular credit bureau instead of all 3: Equifax, Trans Union, and Experian. So, all the scores matter. When obtaining a mortgage we pull what is called a tri merge report which pulls your score from all 3 credit bureaus and the middle score is used in underwriting. For a car loan, the lender will more than likely just pull from one credit bureau to get your score. A lot of banks use Equifax to obtain their scores for personal and auto loans.
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