Credit score

Searching for a job is easier than ever, thanks to the Internet and its wide selection of job boards and recruitment agencies. However, those searching for suitable candidates must ensure they find the right fit for a job role, meaning a series of background checks will often be needed. One of the most common checks when applying for a job…

Given its name, it is understandable why people assume that checks are only made when applying for credit, but this isn’t the case. Credit checks have become integral for confirming identities, addresses and employment status, but who can see your credit report? The following is an overview of companies and organisations that can view your credit file and the circumstances…

Regardless of your business, there can be many reasons for carrying out a credit check. For example, those in the financial sector may use credit scoring to ensure an applicant is the right fit for a role. In other instances, a credit check can be required to ensure the details are correct and official. In either event, credit checks must…

Given the importance of a credit score, many assume they are always correct, but this isn’t always the case. Although instances of credit scores being incorrect are rare, it does happen. As such, those in doubt about their credit score should check to ensure that credit reference agencies can correct any incorrect information. Mistakes That Can Occur Regarding Credit Scores…

Credit scoring can be extremely complex and confusing for people who have never come across credit ratings before. Even if you don’t understand all of the detail around credit cards – and to be honest, you don’t really need to – most of us know that having a healthy credit score helps you get loans, credit cards and other credit…

We’re all familiar with having to fill in forms when applying for a new job, attending interviews, and perhaps showing your passport to prove you have the legal right to work in the UK. Getting a new tenancy agreement on a rented property can seem like a similar process, with forms and evidence to be supplied. In many situations there…

Even if you don’t spend long thinking about it, your credit score can have a huge impact on your everyday life. Every financial choice you make will be affected by your credit score, and if your credit score is low, then you may be unable to get some of the better deals around. Credit repair companies market themselves as the…

Back in 2008, the financial crash led to the loss of thousands of jobs, and the government having to step in and secure the future of banks such as the Royal Bank of Scotland. When the causes of the crash were fully investigated, it was found that one of the main causes was what was termed subprime lending. In basic…

Banks and other financial institutions have never lent money no questions asked. Since the concept of credit began, they have always asked some sort of questions to make sure that the person who is being lent the money can afford to pay it back, and more importantly, will pay it back. We are all used to the credit checks which…