What is a credit score?

In simple terms your Callcredit credit score gives you an indication of how your overall credit report ranks against the average credit report in the UK. This is represented as a number and a star rating. You can watch this improve if you correct or update some information on your credit report such as making sure you are on the Electoral Roll at your current address (go to www.rollingregistration.co.uk). Alternatively, you will see it fall if you miss payments on any of your credit accounts.

Financial institutions will use your credit report to make a decision on whether to give you credit. However, they all build their own score cards which may place different importance on certain areas of your credit report and bring in other information they have about you if you already have an account with them. Your Callcredit score gives you an indication of how well your credit report will be viewed by lenders.

We give you a free monthly credit score in the first three months of your membership with us.

To see your credit score now click here.