How to Check Your Credit Score for Free
by Sarah Portet | Reading Time 2 mins
Your credit score gives you an overview of how lenders view your creditworthiness; the extent to which a person or company is considered suitable to receive financial credit, often based on their reliability in paying money back in the past.
Whenever you apply for credit, the lender will approach a credit reference agency for information about your credit history. This is to help them make a fair and responsible decision about whether to give you credit.
Even if you are not currently applying for credit, it is a good idea to regularly check your credit score and credit report to ensure the information is accurate. Checking your credit report is the ﬁrst major step towards taking control of your ﬁnances. The higher your score, the greater your chance of getting the best credit deals.
There are 3 main Credit Reference agencies in the UK; Experian, Equifax and TransUnion formerly known as CallCredit. Each one has it’s own model and scoring system so you will have a different credit score and different information held by each.
Though the score will differ each uses a visual scale from Very Poor to Excellent. As they use the same scale it is easy to compare how the different agencies score you by seeing where they place you on this scale.
Experian Credit Score Scale
0-560 Very Poor
Equifax Credit Score Scale
0-279 Very Poor
TransUnion Credit Score Scale
0-550 Very Poor
What’s Included on Your Credit Report?
- Credit score and where that sits on the scale from Very Poor to Excellent.
- A list of your credit accounts; credit cards, mortgages, bank accounts and loans.
- Payment history for the past 6 years; showing if you have or haven’t made repayments on time and in full.
- Who has searched your credit ﬁle in the last two years.
- Electoral roll information for your current address and addresses linked to you in the past.
- Anyone who is financially linked via a joint bank account or joint credit.
Check Your Credit Score for Free
Get your free credit report and credit score for Equifax by registering with ClearScore who partner with Equifax.
To access your Experian credit score you need to complete a registration form. In addition, to see the information Experian holds you will also need to apply for a free Statutory Credit Report. You can view the report online, or have it posted to your home address.
TransUnion partner with Noddle, so you will need to register with Noddle to access your credit score and credit report.