Every one of us has a credit file. When you apply for credit such as a mortgage, credit card or car finance, lenders will look at your credit file to help them decide if you are likely to repay.
The three main consumer credit reference agencies in the UK are Experian, Equifax and CallCredit. These agencies hold your credit file. Whilst they have a responsibility to ensure your information is 100% accurate, it is estimated that 79% of people have incorrect information recorded on their credit files.
If there are problems with your credit file the chances are you could be declined for credit or you could be accepted but have to pay a high interest rate.
We are experts in helping people to understand their credit file. We offer a range of services to review, challenge and correct your credit file.