Maintain your old Siemens Hipath system

Credit Reports: Find out why you have been refused Credit.

You may already have 2 or more credit cards in your purse or wallet and you have just applied for a third and been declined. This can be very frustrating considering you pay off your other credit cards regularly and you are continually having your credit limit raised.

This is a common problem and the only way to find out more is by getting a copy of your Credit Report. Equifax and Experian are the two main credit reference companies in the UK and hold credit details of over 40 million people. Your file includes information about all your credit cards, loans, mortgages, bank account details, as well as any adverse bill payments or County Court Judgements against you.

When a Credit Provider asses your credit risk they will look at your Credit Report and make a decision based on your scoring. Your score is based on several factors. You may get more points for living in your address for more than 3 years or for having a home telephone, be married or for having children. Your age and profession can also help your score. The more points you have on your file the more chance you have of being approved for credit. The credit provider will use all this information coupled with your credit history to come to a decision. A Credit Providers scoring system is sensitive information so it's not easy to understand why you were refused credit.

By having access to your Credit Report you will be able to get a sense of why you possibly have not been granted Credit. Another important point is to check and see that everything on your report is correct. You are allowed to make corrections to your file. As most people don't get their Credit Report they never know what's on it or why they are being refused credit. If you fell behind in some of your bill payments you are also allowed to add a note explaining why you did. This may also improve your score.

With all the 0% credit cards on offer its worth mentioning that if you are continuously applying for these cards you could be damaging your credit score. The number of times you apply within a 6 to 12 month period can have an adverse effect on your score. If you have been refused credit, don't just move on to the next lender, find out as much as possible as to why it was declined before applying somewhere else.

You can find out more about your Credit Report at Experian and Equifax. It costs £2 for a basic report.

Grant Marwick is a freelance writer and owner of http://www.only-credit-cards.co.uk where you will find advice and more articles on Low interest Credit Cards and Credit Reports

In The News:

Duchess of Sussex rushed out of busy Fiji market
Wed, 24 Oct 2018 05:27:00 +0100
The Duchess of Sussex has been rushed out of a busy market in Fiji after concerns over "crowd management issues".

'Fiasco': Trump on killing after speaking to prince
Wed, 24 Oct 2018 03:32:00 +0100
Donald Trump has described the killing and subsequent cover-up of the death of Jamal Khashoggi as a "fiasco", shortly after speaking to Saudi Arabia's crown prince.

14 and alone: The girls risking everything to get to America
Tue, 23 Oct 2018 16:25:00 +0100


Man stabbed in chest at remote base in Antarctica
Tue, 23 Oct 2018 22:03:00 +0100
A man has stabbed and injured a colleague at a research station in Antarctica after suffering an apparent emotional breakdown.

Nicki Minaj sued for using Tracy Chapman's song
Wed, 24 Oct 2018 02:15:00 +0100
Nicki Minaj is being sued by Tracy Chapman for using a sample of one of her songs without permission.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

Beat Credit Card Companies at Their Own Game!

Have you ever wondered how much money a credit card... Read More

Simplifying Your Search For a New Credit Card

Today, selecting the proper credit card can be a bit... Read More

Credit Repair: How To Deal With Your Creditors

If you are in danger of credit problems because you... Read More

Protect Yourself Against Identity Theft

Identity theft is when someone uses, without permission, your personal... Read More

10 Step Credit Repair Guide

The process of clearing credit can be laborious and frustrating,... Read More

Recognizing the Signs that You Might Need Credit Counseling

Most families in America today have a credit card; some... Read More

Useful Tips On Avoiding Credit and Charge Card Fraud

Credit and charge card fraud costs cardholders and issuers hundreds... Read More

Can You Acquire Good Credit Overnight? You Bet

Your credit file may not reflect all your credit accounts.... Read More

How a Credit Card Can Be Your Friend

We have all heard countless stories of people over their... Read More

Automobile Credit Report

When applying for a loan to purchase a car, the... Read More

All Is Fair In Love, War, and, Your Credit Report - At Least It Should Be! Understanding the FCRA

Fact: Over 150 million Americans have credit report with the... Read More

Grants, Loans, Free Credit Cards And Credit Repair: The Whole Truth And Nothing But The Truth

You got creditors calling you everyday. You could lose the... Read More

What You Should Know About Credit Counseling

Credit counseling is a free service that many people with... Read More

Understanding Credit Report Score

Understanding credit report scores is important when you see your... Read More

Update Your Computer System With Bad Credit Computer Financing

The moment I placed myself in front of the computer... Read More

Credit Repair Scams

"Erase Bad Debt !""Remove Negative Items From Your Credit Report"You've... Read More

Ethical Finance: Who Benefits From Our Spending?

On one hand consumers are being universally criticised for running... Read More

Finding the Right Credit Card

There are so many credit cards out there to choose... Read More

FREE Credit Report Offer - Careful, It Might Carry Hidden Charges

FREE credit checks or free credit reports. What are they... Read More

Tackling Bad Credit

The first time I heard the term credit history was... Read More

Identity Theft ? Who Would Want Mine?

With all my bills who would possibly want my credit?... Read More

Credit Card Expenses Are Killing Your Budget!

Do you know the costs associated with your credit card?... Read More

Identity Theft - Dont Think You Are Immune

As identity theft becomes more prevalent, the need to regularly... Read More

Guide to Credit Terms

Listed below is a useful guide to credit card terms.... Read More

Maximizing Credit Card Rewards

We spend money every single day on many different types... Read More