Moving to the United Kingdom can be a complicated process, and we’re not just talking about dealing with the UK Visas & Immigration Department (UKVI). Did you know that your credit score from your home country will not travel with you when moving to the UK? No matter how…
London is a global international trade and business hub that offers opportunity and diversity. As the largest city in the United Kingdom and Europe, you'll find cultures from all over the world; in fact, over 300 languages are spoken, in London and 35% of the city’s population are foreign-born.…
There are a lot of misconceptions about what the average credit score amongst everyone in the UK is. The news and Office of National Statistics tend to report the problems of consumer debt regularly which leads to negative perceptions. Reports extensively cover consumer debt statistics and consumer debt is…
While having a good credit score is certainly helpful during the application process for obtaining a mortgage, it’s not the only factor. Lenders take a look at the entire financial picture on applications and take into account positive financial changes when making their decisions; however, certain negative marks on…
Most people will say having a good credit score matters. They say it saves you money, and they’re right. But there’s not enough information out there telling you how much. Will a good credit score save you 50p? £500? £5,000? More? As a company, Portify is committed to building…
Credit building has never been more important as we enter a new year coming off of a tough year in which the UK economy contracted by 11.3%. The financial benefits of having good credit are abundant, but don’t panic if you have poor credit. There are more options than…
We’ve all heard horror stories of a bitter ex taking out loans or credit cards in their significant other’s name after a breakup or divorce. While this occurrence is highly illegal and constitutes identity fraud in the UK, it does happen. In fact, some of our members have confronted…
A new year is here and people all over the UK are looking to turn the page and move forward. As we emerge from a challenging 2020, you might want to take a look at your finances and plan for the year ahead. If fixing your credit is one…
Mortgage lenders will need to look at your credit score, but keep in mind they’ll also look at your credit report as a whole and your financial situation to assess the affordability of a mortgage loan. Obtaining a mortgage with bad credit can be challenging, especially if you have…
What are Credit Reference Agencies? Credit Reference Agencies decide your credit score. A credit reference agency (CRA) is an independent organisation that collects and stores financial data about you for the purpose of helping lenders decide whether you should be approved for financial products like credit cards, loans or…