Experian Credit Score & Report
What is in your Experian Credit Report Summary
View your Profile Information
It's important to keep your profile information accurate and up to date. If not, you won't see all of the credit report information on which banks and financial institutions are basing their lending decisions.
View your notices of correction and data disputes
You can add a Notice of Correction to any record on your credit report, to explain the background to that record (e.g. the late payment on DD/MM/YY was because I became unemployed on DD/MM/YY). If you think a record on your credit report is incorrect we'll raise your query with the bank or financial institution involved. A Data Dispute will be lodged on your report until the query is resolved. Banks and financial institutions may take Notices of Correction and Data Disputes into account when making lending decisions.
Show Your credit accounts
Your Credit Accounts
You open a credit account whenever you borrow money, goods or services from a bank or financial institution, on the understanding that you'll repay them at a later date. Credit accounts include credit cards, loans, utilities (e.g. gas), mobile phones, store cards and mortgages.
How many credit accounts do you have?
Having a high number of credit accounts in use decreases your score. Find out which ones are currently listed as 'active' and close any that you're no longer using.
What is your outstanding total credit balance?
Your total credit balance is the total amount you owe across all credit accounts (excluding mortgages). If it is too high your credit score will decrease; reduce your balance to increase your credit score.
How much of your available credit are you using?
Your available credit is the percentage of credit you have remaining from all of your credit accounts combined. Reducing the balances on your credit accounts will increase both your available credit and your credit score. Having a credit card with a high credit limit will also increase your credit score.
Are you keeping up with your payments?
A late payment on your credit account will decrease your credit score for up to 6 years. Find out which accounts you owe money on, make payments on time and your credit score will increase.
What's the average age of your credit accounts?
Opening a new credit account may decrease your credit score. As your accounts get older your score may increase as the average age of your accounts increases. Find out which accounts are currently affecting your score
How many credit applications have you made in the last 6 months?
Applying for a new credit account can decrease your credit score for up to 6 months. Find out which applications are currently affecting your score.
Are you on the Electoral Roll?
Banks and financial institutions check whether you are on the electoral roll as a precaution against fraud. If you don't appear, or if you are registered at a different address to the one they have for you, they may ask for further proof of identity or even turn your credit applications down.
Have you got any CCJ, Bankruptcy, or IVA records?
Public Records (including bankruptcies and insolvencies, IVAs and County Court Judgments) can decrease your credit score for up to 6 years. Find out if there are any public records currently held against your name.
Do you still have unpaid debts at your previous addresses?
The Gone Away Information Network (GAIN) is used by banks & financial institutions, to notify each other about customers who have moved without paying debts. Appearing on their register won't affect your Experian Credit Score but may make it harder for you to get credit.
Have you been a victim of identity fraud?
CIFAS is an independent organisation that banks and financial institutions use to check whether people have been victims of identity fraud. Appearing on their register won't affect your Experian Credit Score but may mean approval of your credit applications takes longer.
How many names have you been known by?
Aliases include your maiden name and variants of your name (e.g. Miss S Smith, Ms Sarah Smith, Mrs Sarah Smith-Jones). We need an accurate list of your aliases, to ensure your credit report shows all the information on which banks and financial institutions are making their lending decisions. You must provide us with a full list of all the names you have been known by in the 'Your Account' section of CreditExpert.
Are you financially associated with anyone?
You are financially associated to someone if you have a joint credit account or mortgage. Being financially associated to somebody with a bad credit score does not affect your credit score but could make it harder for you to get credit. Check your financial associations and remove any that are incorrect.