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 […]

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 […]

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. […]

What Is This “Blacklist” I Keep Hearing So Much About?

Over the years I have heard the following so many times, I wish I had a £1 for each and every time. I am on the blacklist. I have been blacklisted. I have poor credit and was told I blacklisted. What is the blacklist? How can I remove my name from the bank’s blacklist? The […]