Posts about Credit Reports, what they are and why they are important. Based on my experience spending a lot of my adult life in debt.
If you’ve recently paid off a debt, corrected an error, or had a default updated, the next question is usually: “Why hasn’t it shown on my credit report yet?” Unfortunately, credit file updates are not instant. And no, refreshing your report every 10 minutes doesn’t speed it up. Here’s how it actually works. How Credit…
If you’re reading this, chances are your credit file isn’t exactly sparkling. Maybe you’ve got defaults, missed payments, or a few accounts that got a bit out of control. I’ve been there. And the frustrating part is this: Fixing your credit rating isn’t about one big move. It’s about doing a lot of small, boring…
If you’ve ever signed up to ClearScore, one of the first things you’ll probably wonder is: “How is this actually free?” No subscription. No trial. No “free for 30 days then £14.99 a month” nonsense. Just your credit score and report, sitting there. So what’s going on? The Short Answer ClearScore is free because you…
Missing a payment might feel like a small slip. Maybe you forgot, maybe money was tight that month. But on your credit file, it’s recorded as a signal: “This person might not reliably repay what they borrow.” And lenders pay attention to that. What Counts as a Missed Payment? A payment is typically recorded as…
I have been using ClearScore for several years as a way to check my credit report for free, so I thought it would be worth sharing my experience. I briefly mentioned ClearScore in my article about where to get a free credit report, but in this post, I wanted to go into a bit more…
If you are trying to improve your credit score in the UK, one term you will often hear is credit utilisation. It sounds technical, but the concept is actually very simple. Credit utilisation refers to how much of your available credit you are currently using. When utilisation becomes too high, it can negatively affect your…