Everyone has a Credit Rating – Why you should protect it…
Some people take their Credit rating very seriously and others don't.
Your credit rating is used by lot's of companies, from Letting Agencies to certain Job application!
But it's worth trying to build a strong credit rating, these days you could rely on it more than you realise.
From being able to pay Car and Home insurance monthly rather than in one lump sum
Some jobs will carry out a credit check and some Landlords will carry out a credit check
Missing just a few credit repayments or making too many applications for credit in a short period can see your credit rating slide.
More severe issues can occur if you miss multiple credit payments or get issued with defaults and County Court Judgements.
The good news is you can build or rebuild your credit rating without having to take out Credit based products.
We have a range of every day essential products like Energy bills, Broadband suppliers etc who can help you rebuild or build your credit rating.