- Formerly missed loan repayments
- Formerly missed household bill re re re payments or phone that is mobile broadband contracts bills
- Defaulted on a merchant account
- Been bankrupt in days gone by
Loan providers will run credit checks for you before issuing you loan provides or approving the application. You may want to see what your credit score is yourself, to get an idea of the type of loan product youвЂ™ll be eligible for before you apply for loans.
What’s a credit score that is good? You wonвЂ™t qualify for a bad credit loan if:
There wasnвЂ™t one credit that is universal within the UK, but rather three credit reporting agencies which problem independent scores, on different scales. These scores are going to be predicated on your previous borrowing, payment history, your available credit, as well as other private information.