Have you ever been refused credit?

Why do lenders refuse people?

If you apply for a any form of credit and are then refused it all gets stored on your credit file. The more you apply for and are then turned down, the more damage you do to your credit report. The best way to find out why lenders are refusing to accept your application is to see your credit report. Once you see it, you can find out what is wrong and fix it. Your credit report holds all your credit information including your credit rating, if you have been turned down for loans, how many loans you have, if you have missed any payment dates and much more.

Why am I refused?

You can be refused for many reasons, you might have missed payments, you might not be on the electoral role, you have defaulted on a loan, you have too many credit cards and be classed as a credit tart, your address information is wrong, your credit score it low, you have a history of bad dept, you have been missing or gone away for many years. These are the just the most popular reasons there are more.

How do I repair my credit file?

The best thing you can do, is look at your credit report first, and see if you can find any reason why you have been refused. It could be that your identity has been stolen, or a mistake on your credit file. You can sign up to CreditExpert for a free trial and find out now.