 About Credit Ratings
Credit Ratings is London based credit information service
that works with market leading credit data providers. We can enable you to see your own
credit rating report, and as well as our consumer services we are also able to supply
corporate credit risk reports in the United Kingdom, and through our international
overseas network of agents worldwide.
Credit Ratings partners with credit information providers
and consumer credit data services. We offer a link to services that can provide either
corporate or consumer credit reports. For people who wish to check their own credit files,
Credit Ratings works with a UK credit reference agency service that can assist with this.
Our staff are helpful and have vast experience within the
credit industry, and understand the nature of both company and consumer credit
referencing. The most common question we tended to receive over the years was from
individuals asking for a credit status enquiry on themselves. In the past such an enquiry
would require a credit search to be carried out, and this would leave a 'footprint' on the
individuals credit file.
For quick access to information on the credit worthiness
of UK companies we can provide access to detailed credit information and risk assessment.
Our business credit reports include risk ratings and credit limit guidelines.
We offer access to other business support services and
for customers who require information in other countries we have an international credit
report service.
Our business activities include:
- Credit Ratings
Service for consumers wishing to find out what is on their credit report
- Business Credit Ratings
Service for corporate credit risk assessment and business to business credit
control
In the past credit reference agencies would provide your
credit file only following a written application. Now you have the option to view your
credit report online.
- Reveal what building societies, banks, and
high street lenders can see about you
- Keep an eye on your credit rating and act
promptly if you see activity that suggests identity theft
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Ratings Services... |
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Credit Ratings
See the information held
about you on your own credit file - see your risk status score - and correct errors
Click here
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Credit Watch
Sends you alerts if significant changes are recorded on your credit file - avoid missed
payments or fraud
Click here >> |
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Corporate Credit
Reports
If your business grants credit to its customers you can check the status of any UK
business instantly online
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What
information is used to assess credit ratings?
There are three primary sources of information used for credit scores. Firstly the data
you supply on the actual loan or credit application form; details about your salary, the
type and nature of your employment, family and financial commitments, why you want the
loan, and whether you are a home owner or renting. Your track record with the company you
are applying to will be a factor if you have borrowed from them before. The credit
information held about you on credit reference agency files is another factor. All major
lenders use at least one major agency when assessing your credit record. The credit agency
data comes from the Electoral roll (showing addresses and who lives with whom, County
Court records which show County Court Judgements (CCJs), and Bankruptcies indicate if you
have a history of financial problems. The banks, building societies and other lenders also
compile details of all your payments and borrowings and share this data with credit
reference agencies. The major lenders often share the information they have, subject to
customer consent, so that each now has access to all data about you from other
organisations. This shared information is sometimes known by the acronym CAIS which stands
for Credit Account Information Sharing. Credit reference agencies provide credit
information and credit score guidelines, but consumers do not have just one single credit
rating. Each lender uses the information available to set their own credit limit and
terms. When you get a report on yourself using the service offered through My Credit
Rating you will see an actual credit report from your credit reference agency file. |
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