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…
Life can get busy quickly and when you’re under stress, it’s hard to remember everything. Sometimes paying a bill can slip your mind but not paying one bill can have a long-lasting impact on your credit score. That’s where our new feature comes in to help! Portify users will…
Halifax (owned by Lloyds Banking Group), is a major UK banking institution that started as a building society in (you guessed it) Halifax, West Yorkshire. They have been around since 1853 and are known for a wide array of products and services including: Current & Savings Bank Accounts Loans…
Credit builder cards are credit cards designed for people with no credit or poor credit, who want to raise their credit score. Read: Credit Builder Cards ExplainedYour credit score is a lenders’ way of assessing your financial stability when deciding if you qualify for a loan or credit line. …
Credit builder cards offer another way of building credit for those who have bad or no credit. But are they worth it for you and your financial situation? In this post we will cover everything you need to know about credit builder cards and explain how they are used…
1. Use a Store Card 2. Report Rental Payments to Credit Agencies 3. Use Credit Builder Apps to Build Your Credit Score 4. Switch to a Credit Meter to Report Utility Payments 5. Get a Credit Builder Loan 6. Set up Direct Debits on Bill Payments 7. Get on…