Check your Credit Report

Do you know what is lurking in your credit file?

Masses of people have been turned down for credit in the UK this year - be it a credit card, mortgage, unsecured loan.......the list goes on. In many cases, it is thanks to an unpaid bill or outstanding debt that we have no paid off and is bringing our credit file down.

But what if you have an excellent financial health? Check your credit file - it could have inaccuracies, is the new advice. A growing number of people are complaining that there are mistakes on their file which include outdated information or a loan stated as unpaid which was in fact paid of years ago.

Make sure you are in control of your financial future by regularly checking your report and correcting any mistakes. Credit reference agencies are becoming more and more powerful in the new age of stricter lending.