If you are looking to borrow money – get a loan, credit card or mortgage – you should get your free Experian report first. An Experian report shows you the personal financial information that lenders are basing their decisions on when assessing you. By viewing your current financial report, you can make better-informed decisions when applying for credit.
Your Experian credit report details your personal financial history and includes information about any loans, mortgages or other credits or debts you have had in the past or currently have, your ability to make repayments, any applications you have made and also if you have any court judgements outstanding.
Your Experian report will also contain information about your current address. This is based on the electoral role and is important information that lenders use to help check that you are who you say you are and live where you say you live, which is why it is important that you make sure the details on your report are correct.
With an Experian report you get:
- unlimited online access giving you the opportunity to review your credit history before you apply for credit
- e-mail or text alerts for early identity fraud detection
- free advice from credit specialists
- credit tips and tools
- access to your National Credit Score
If you have been unsuccessful in an application for a loan, credit card or mortgage but you don’t know why you have been refused, it is advisable to get an Experian report to find out why. You may find that the data on your report is inaccurate and that is what is preventing you from getting credit. With an Experian report, you can keep your own financial data up-to-date, and Experian will help you challenge anything you believe to be inaccurate.
Apply online now for Experian Report and you can check and manage the personal financial information that is being used by lenders to make decisions about lending you money.