Free Credit Report:
Your credit report shows your credit history and is used by finance lenders to determine whether they will lend to you and if so, at what annual percentage rate (APR). Your credit report is affected by a number of factors including:
- Your payment history
- Public records - showing bankruptcies, ccjs etc.
- The amount you currently owe
- The length of your credit history - the longer the better
- How many accounts you have recently opened - opening many in a short period of time will affect it adversely
- Number of searches on your credit report - everytime you make a financial application a credit search is done and a ‘footprint’ left on your credit report. The more searches that are made, the more adversely your report is affected.
- The number of accounts you have in use
If you wish to check your credit report, you can do so for free - click here
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