Posted on May 25, 2010.
Can you explain what a credit report is it? I just got my report CreditExpert.co.uk and said the following:
Thank you for the purchase of your Experian Credit Score!
A score between 960 and 999 puts you in the category Excellent. This is the score that the rest of the population wants to achieve.
It shows that you have always made payments on time and probably not in arrears. This type of credit is an asset that can help you at the door you want and that means you pay lower interest rates than people with poor credit status.
To maintain your good side, you should check your credit report regularly to ensure it remains current and accurate - you can see the center of the credit report.
Your Experian credit score changes as your situation changes. In general, a score of more than three months longer represents your current position, so it's a good idea to order it regularly if you want to monitor your credit report.
What your score means to lenders
Your risk profile
Your score of 999 puts you in the category Excellent
Your score is above average - 71% of people have a lower score Excellent
See the factors affecting my score
Your credit score Experian has
999
On January 27, 2009
The risk you present to a lender
Credit scores are designed to help lenders evaluate the risk that you will not repay what you owe them, reliably and fast, comparing your situation and credit history with databases showing how other people have managed their repayments in the past.
This score suggests that you are a very low risk borrowers - most lenders expect very few people in this category to have serious problems with the repayment of credit.
The factors that have a negative effect on your score
* There are no negative factors currently affecting your score.
The factors that have a positive effect on your score
* You make all your payments on time and in full - no accounts have been paid late during the last six months
* You are on the electoral list (registered to vote) at your current address
* The balance of your credit accounts (excluding your mortgage) is low
* You do not have any county court judgments and you have not been declared bankrupt within the past six years
Can you tell me, Is that all?
strange, even Suze Orman says a credit score above 950 will NEVER .... and you would need to be a millionaire with a ratio of debt is not completely normal ... to get to 950.
yes, how in the world did you get 999!
I think it's a mistake or a bad thing for your reading. I've never heard of anyone with that number and, as I said, even Suze Orman says his inability (essentially).
This is an excellent rating (as indicated in the note, LOL)! Most folks would have a rating of the property. This means that you should have no problem if you choose to get a mortgage for a house, buy a car, etc. You get favorable rates because your credit is so good. Personally, I wish I had an index of the property. Keep up the good work.
Hello, as they said it will be easy to get credit.So it is very good, but I would not keep the pay for a credit report.
It is in English - what do you understand?
If you want to borrow money that you and this is not a ridiculous amount, you will not have many problems.
You do not know if this helps:
http://www.moneysavingexpert.com/banking ...
