Credit

Credit reports

You should know in full about your credit report, it's important that you understand your credit report and how it can help you get loans. Your credit report will give you clear, easy-to-understand advice for each item on your credit report and its possible impact on your ability to obtain credit. There are few credit reference agencies, and they all hold information on you which all lenders use. Even small outstanding can cause major problems, so it's important you check through your credit report. It's easy to understand what aspects the lender uses to make a credit decision, helping you get that credit or mortgage you want. And checking your credit report regularly is one of the best ways to protect your business from identity fraud.

If you’re doing a specific application for a business and you know which credit file it uses it’s obviously a priority to check that credit report at least once a year, because they all have an impact. Don't worry about over-checking your report. It's something that only you and the credit reference agency will know about. Check your credit detail and do it regularly. We suggest always check before making any applications to minimise your risk of rejection. It can all be done online, it's quick and easy.