What Is a Good Credit Score?

credit score

This is a question I get asked very often, and the answer, as many answers are, is vague at best, but the bottom line is, the higher your credit score the better. So how high is high? This is where it can be a bit vague as different credit bureaus use different scores, although all […]

Debt And Credit In a Digital Age

Sometimes I cast my mind back, back to a time when if you needed a loan, you went to your local bank, spoke to the Bank Manager or Loan Officer, completed a loan application and waited. You waited for the loan committee to meet, usually on a Wednesday, and they approved your loan. In some […]

When Will My Bankruptcy Be Removed From My Credit Report?

Question I went bankrupt back in 2015. It was a difficult decision to make, but I felt I had no other options. I owed tens of thousands to credit card, my business loans, and I also had a mortgage. I lost my home, but being out of debt was liberating. I felt like I could […]

How Often Should I Check My Credit Report?

A question we get asked on a regular basis is how often should I check my credit report? There is no correct answer as to how often, because it can vary among those who are credit active. Some advisors state to check your credit file annually, or once a year. However, if you are very […]

Do Unpaid Debts In The US Affect My UK Credit Score?

Question Hi and thanks for this forum and way to get some answers. I am a British citizen who lived in the USA for many years. I recently moved back to the UK and am not earning the same income as I had in America. I had a few debts in America and can no […]

Does Catalogue Debt Affect My Credit?

Question I owe about £800 to 2 different catalogue companies, and I am not paying them. Will this hurt my credit score? Answer It will only lower your credit score if it is reported to the credit bureaus. Not all lenders or catalogue companies report to the credit bureaus. However, if you default on the […]

8 Tips to Improve Your Credit After Bankruptcy

You were bankrupt for 12 months, and now your bankruptcy has been discharged, you are now officially debt free, starting over, a fresh start. What next do you need to do. One thing to do is to take a look, if you have not already done this or know, what took you to the point […]

Does Applying For a Loan Lower My Credit Score?

Question I am trying to get a loan and have applied to a few banks online. I was told that by applying for a loan to a few banks it could lower my credit score, which could cause me to be rejected for the loan. This makes no sense to me, as you need to […]

Can My Credit Score Be Lowered Due to a Disputed Account?

Question My question is this: I have a dispute with a loan company over the last payment on a loan. They say I still owe £99, and I say I paid the loan in full. Now they are harassing me to pay this £99, which I do not owe. They say if I do not […]

Credit Scores and Moving to Other Countries

As hopefully soon the skies open up again, not only will many of us get our long waited holidays, but some will relocate and move to other countries. Even here in the UK we recruit people from other countries for various jobs, and certain careers. It is the same in those other countries as well. […]