Your credit report is a summary of your financial background and status and gives an overview of your credit profile, including
your credit score and rating. It's often used by lenders, such as mortgage and credit card providers, to help them make
decisions on whether to lend to you or not.
Your credit report contains the following information:
- Credit score and credit rating
- Any loans, credit cards, credit agreements or mortgage that are in your name
- Payment history - including late and missed payments
- Any outstanding credit balances
- Credit searches run on your background
- Publicly available information which could affect your creditworthiness (e.g.County Court Judgements, bankruptcies or
- Electoral Roll details
- Address links and financial connections, e.g. joint accounts
- CIFAS Protective Registration
It helps you to see what might be impacting on your creditworthiness, i.e. how trustworthy are you likely to be when it comes
to making credit repayments, and allows you to check that the information provided about you is correct.
Otherwise, incorrect or outdated information could impact your ability to get credit, which can result in you being turned
down for a loan or being charged a higher level of interest.