How Long Does a Default Stay in Your Credit Report?

If you have a default in your credit report or are worried about getting one, you probably have a lot of questions. How long will a default stay in your credit report? How could a default happen? And what can you do to alleviate the burden of a default?…

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How to Start Building Credit at 18

Did you know that you are eligible to start building credit once you turn 18 years old? Building credit is a gradual, long-term process, which is why it is so important to get started once you become eligible. Here are some top tips to start building credit at 18…

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What Credit Score Do You Start With?

Building credit from scratch can be easier than improving an established, bad credit score. But what score do you start with and what are the best ways to get started establishing a credit file? Learn more here! What Credit Score Do You Start With in the UK? It’s unlikely…

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How Does Payment History Affect My Credit Score?

Timing is everything in life, but this is especially true when it comes to paying your bills. How punctual you are in making payments has a huge impact on your credit score, and affects how lenders see you as a potential borrower. Read on to find out what payment…

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The Ultimate Guide to Credit Builder Cards for Bad Credit

Are you looking to build up your credit rating? Find out everything you need to know about credit builder cards for bad credit here! What are Credit Builder Cards for Bad Credit? Credit builder cards are intended for people with poor or no credit file who want to improve…

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How To Improve Your Credit Score for a Mortgage in the UK

Understanding the status of your credit score for a mortgage in the UK is key. Not only do they affect how much you can borrow, but they also dictate how much you’ll pay each month for the repayments. That’s because people with a higher credit rating have access to…

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Understanding credit utilisation

The Basics:What is a utilisation rate? Your utilisation rate is the amount of available credit you’re using (your balance), expressed as a percentage of your total available credit. You can work out your utilisation rate by taking your balance, dividing it by your credit limit, and then multiplying by…

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What Credit Score is Needed to Buy a Car in the UK?

It makes sense to want to know what credit score is needed before applying for a loan or car financing but the truth is that most lenders look at more than just the credit score when making a decision. Learn more about what credit score is needed to buy…

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How to Get Car Financing with No Credit Check

For some people, having a car is essential. You’re probably already aware that cars are not cheap and the most common way to get one is through car financing or getting a loan. Getting a loan usually requires passing credit checks or affordability checks. Does this mean that car…

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Improve Your Credit Score with a Credit Builder Loan

You probably already know that poor financial decisions can negatively impact your credit score and follow you around for years. On the other hand, having no credit history can also hold you back from purchasing your first home or vehicle. Trying to get your finances sorted can be all…

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