How to Check your Credit Reports
In the UK we have 3 Credit Reporting Agencies and each one could hold slightly different data.
Whenever you apply for a service which involves regular payments, the company will very likely perform a check with one or more of these agencies to see your history and whether they want to take you on as a customer.
For some types of companies, usually those involved with loans & mortgages, have an obligation to check this data to make sure they don't miss-sell you a product, when you can't actually afford it.
Because of this it's a good idea to check the report at least once a year, and if you find items on there which are incorrect you can challenge them and get them changed,
The 3 agencies are:
To obtain a copy of the report they hold against your name there are a few options. Remember that the "report" is different to the "score". The report is a list of information that has been reported to your account, but the score is just a number based system based on that report.
- Free Statutory Report. You have the legal right to access a copy of the credit report an agency has on you under the Consumer Credit Act 1974, the General Data Protection Regulations (GDPR) & the Data Protection Act 2018.
This can be requested on their website or by post. They usually do not include a overall numbering "credit score" or other features for education that help you understand the report in more detail, but they will contain details of what has been reported. - Online. All of the agencies have an online service which will give you regular updates and will include much more information including the "credit score".
The Agencies
- Trans Union
Website: https://www.transunion.co.uk/consumer/get-your-credit-report
Trans Union statutory report:
Request online here
By post = you can download and print off this form
Trans Union online options:
These are third parties so they also will be gathering data from you as well, but will give you much more educated overview. I personally use Credit Karma & Money Saving Expert Credit Club.
- Experian
Website: https://www.experian.co.uk
Experian statutory report:- For details of both online request and online go to this webpage.
Experian online options:
Free Experian Credit Score Only
Credit Score & Report (£14.99 per month)
- EquifaxWebsite: https://www.equifax.co.u
Equifax statutory report:- For details of both online request and online go to this webpage.