09 Фев. 2014 г.|
Regularly monitoring your credit situation helps reduce the risks of fraudulent activity and offers you the greatest flexibility when improving your financial circumstances. Experian CreditExpert credit monitoring services offer the first step to better finances, giving you unlimited access to your Experian credit report and score, and providing you with an array of exclusive tools and expert advice to help you monitor, understand and improve your overall credit situation. Your Experian Credit Score is a good indication of how lenders may score you when deciding to approve or deny credit, and is derived from the data in your Experian credit report.
Your credit report is a snapshot of your credit history and is continually changing over time. Experian’s CreditExpert credit monitoring service allows you to view your detailed credit report online through an easy to use interface. Experian CreditExpert continuously monitors your credit report for changes and potential fraudulent activity. With a wealth of information and online credit tools and a dedicated fraud resolution team you can have peace of mind that you are in safe hands. Experian CreditExpert has online tools that allow you to get uniquely matched financial deals based on your credit rating - making you more likely to be accepted for the deals you want.
In this climate, it’s more important than ever to know your credit score (also known as your credit rating) before you apply for a mortgage or a loan. The days of banks literally mailing you blank cheques to encourage you to sign up for credit cards are gone. Know that in most cases, a company searching your credit file will leave a note that it did so. There are three main credit reference agencies in the UK: Experian, Equifax, and Callcredit.
Banks and other companies use the data held by these companies to assess your creditworthiness.
You should get out of debt as a matter of urgency whatever your situation; this will usually improve your credit score, too.
A very easy way to check your credit score is with a 30-day free trial of the Credit Expert service1 from Experian. Credit Expert enables you to check your credit score for free – provided you remember to cancel before the trial period ends, and so avoid going onto the paid-up service.
If you’ve never checked your credit score it can be quite an eye-opener to see all the data that companies have compiled on you.
I wanted to check my credit score because I constantly vacillate as to whether I should buy a home. Signing up to the free trial with Credit Expert took all of five minutes, but you can’t get instant access to your credit score.
Once you have the PIN number, it only takes a moment to complete the registration process and see your credit score.
What’s interesting to me is that my financial situation – as far as Experian can tell – is little different to how it was in 2005. My net worth has multiplied, but the credit agencies can’t see inside my savings and broking accounts. Alternatively, maybe the rumours of ruin for much of the population are true, and everyone else has simply slid further down the credit rankings! Before I signed up to the Credit Expert free trial, I had read that it was very difficult to cancel. To ensure you don’t accidentally start paying for Credit Expert membership, mark the 30-day expiry date on a calendar when you set up your account, or better still take off a few days for luck.
After you’ve cancelled your free trial membership with Credit Expert, you can reopen your account at any time using the same log in details, which will save you waiting for confirmation. I presume you don’t get a second chance to check your credit score for free, but I could be wrong.
I’ve noticed that sites like Topcashback often have deals whereby you can even get paid to check your credit score. Secondly, it’s important to remember that the nominal rating or score that Experian et al may give you is largely meaningless. Also note that at no point did you enter your actual income, which is a very important factor into your credit worthiness. They apparently make their money off suggesting credit cards and other products for you, and it’s got one of those voucher sections where you can find money off restaurants and the like. There are many forums where the usefulness and validity of Experian’s credit score is debated.
That is not to say your credit history is not a key contributing factor in lending decisions, because it is. A new free offer has been added to Freebiejeebies for the UK, the fantastic new offer is the Credit Expert (as seen on TV). Sign up today for a FREE trial of the CreditExpert monitoring service and you’ll get a free copy of your Experian credit report. The intelligent credit score history tracker allows you to easily see how your score changes over time,recordingboththe positiveandnegativefactors influencing your score and allowing you to take action on improving it. Receive alerts whenever there is a significant change to your credit report, keeping you informed, up to date and giving you the ability to view any potential anomalies. Nowadays you need to check your credit score, and if necessary try to repair your credit record before you apply. Too many credit searches – perhaps due to companies checking your record and then rejecting you – will only make a bad credit score worse. However only squeaky-clean customers get the best deals these days, hence I wanted to know my credit score in advance and take remedial action if I need to. If that’s you, see this article from MoneySavingExpert for information on how to improve your credit score.
It gives you no indication of whether you will be accepted for credit as the bank use their own criteria to assess each application.
They are not indicative of whether you will be accepted for credit in any way, you can have an Experian Credit Score of 999 (excellent), and be turned down for credit. You’ll have unlimited online access to your credit report at any time, plus the peace of mind of knowing that Experian is keeping an eye on your credit information for you. The more you understand about your credit report, the easier it is to improve your credit status and get exposure to the best financial deals. There were no hard sales tactics, although I was given the option of identity fraud expenses insurance at a cut-price rate, which I declined.