If you are spending more than one quarter of your income each month on paying down credit, many lenders will turn you down. They'll think you owe too … Read More about Are you struggling to keep up with credit repayments?
If you have credit cards or overdrafts and are generally paying off the balances, well done! But ... there's much more you can do to boost your … Read More about Paying off a credit card is just the start…
Using between 25 and 50% of your available credit card or overdraft limit will reduce your credit score. This is what lenders call the utilisation … Read More about Watch those credit limits!
If you’re using more than half of your limits on credit cards or overdrafts, some lenders may refuse your loan applications. This can be hard but … Read More about What to do if you are always close to your credit card or overdraft limit
Each time you apply for a loan a lender will search your credit report... and your credit score falls. A ‘footprint’ is left behind when creditors … Read More about Soft vs hard credit check – what’s the difference?
Yes it's as simple as that! It's unusual for lenders to make you a loan if you're not on the electoral roll. Luckily, it's an easy problem to fix. … Read More about Not on the electoral roll? Good luck getting a loan!