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Experian credit check

With a new member 30-day trial from Experian CreditExpert you can run your own credit check. You can then continue to access your credit report after the 30-day trial for a monthly fee, although further identification verification may be required. Experian is the UK’s number 1 credit reference agency¹, and you can rely on the Experian CreditExpert service to accurately show the information held on your credit file, so that you can be fully informed and in control when it comes to your credit history.

What is a credit check

A credit check is something that lenders will run every time you apply for credit – be that a mortgage application, car loan, catalogue account or something else. This allows them to see your credit history, and give what is known as a credit score. From this, a lender will then decide whether they can safely grant you credit – ie how likely you are to pay it back with no late or missed payments.

Red flags on a credit report can include:

  • Missed or late payments
  • Over-stretched finances
  • Irregular/incomplete address history
  • Unpaid depts
  • Court judgements
  • Bankruptcy notices and IVA’s
  • Unhealthy financial associations

An applicant with a good credit history and a high credit score has the best chance of being accepted for loans or credit applications with the most favourable repayment terms and interest rates.

Why run your own credit check

Many people are unaware that they can actually do their own credit check, and see what lenders see. With Experian CreditExpert you can access your credit report quickly and easily online, which is a valuable tool.

It’s good practice to run a credit check regularly, to keep an eye on any changes to your credit report. You should also check your credit report when:

Making a big purchase

If you want to make a big purchase on credit, such as a house or a vehicle, you should run a credit check before you submit any applications. This will enable you to see what your borrowing prospects are and identify any possible obstacles (and look into removing them). You can also use the information on your credit report to match with lenders’ criteria, in order to apply where you may have the best chance of acceptance.

You have a credit application refused

It can be disappointing and confusing to have an application for credit refused. Running a credit check will enable you to see any issues that may be blocking your application. You can also make sure that your credit report is accurate, and see if there are any negative marks that can be removed, or any way to improve your situation to work towards a brighter financial future.

You apply for a new job

Some employers will run credit checks on prospective employees, especially in related industries such as the financial services. Make sure that there’s nothing on your credit report that could be a worry to an employer and, if there is, either seek to rectify it or explain it on your application.

You want to rent a property

Some landlords and letting agencies will run a credit check, for peace of mind on prospective tenants. Running a credit check on yourself will mean that you can check the information for accuracy, so that there are no unwarranted negative marks on your report.

You notice any suspicious activity

Identity theft and identity fraud are both big problems, but being vigilant can help to minimise your chances of falling victim. Check your credit report regularly for any anomalies and, should you notice any suspicious activity, such as unknown transactions on your bank accounts or demands for payments though the letterbox, you should run a credit check as soon as possible.

With Experian CreditExpert you can arrange to receive SMS and email alerts when there are changes to your credit report, meaning that any fraudulent transactions will be flagged up straight away.

¹UK's No.1 Source: CreditExpert is the UK's market leader by share of unique users. Comscore, Sept 2013

Trust Experian

Experian gets information from two separate sources – public records and information from lenders and financial institutions. This enables us to build a complete and accurate picture of your credit history. Over 5 million people have accessed their credit report with Experian CreditExpert – why not join them for the ultimate peace of mind? Trust Experian and sign up for a 30-day trial of Experian CreditExpert. This trial is for new members, and £14.99 fees apply after the trial, for unlimited continued access to your credit report and credit score online.

UK's most trusted credit monitoring service