Misc Section

Get Your Free Credit Report Here - A Brilliant New Website Has Just Opened

June 2006

Many people are beginning to wake up to the fact that the Credit Rating agencies such as Experian have incredible control over our lives. The equation is pretty simple -

Good credit rating = Lot’s of financial options alongside low interest rates

Bad Credit rating = Very few financial options open but if they are then expect very high interest rates.

A Free Personal Credit Check For Everyone

Up until now it cost at least £2 to order your credit file and more if you signed up to one of the expensive internet based credit check accounts with Experian etc. But a new website has just been published www.annualcreditreport.co.uk which offers a free credit report to anyone and there’s NO catch -

• No credit card is needed
• Tell them your name, address, date of birth and email address
• You’ll then receive a code via the mail (this is to make sure you are who you tell them you are)
• Enter the code to read your report
• However -

  The service is only live for Devon & Cornwall at present

  Somerset, Wales & the Home counties including London are expected to be live in the next month (pre register and you’ll receive an email when this is so)

  The rest of the country will go live over the next 10 months

Summary

Having a clean credit report is so important even if you’re not looking to borrow money. For example, many prospective employers now run an automatic credit check on job applicants.

Incidentally, if you have any defaults on your credit file there maybe a way to get rid of them - read this article on the LearnMoney.co.uk site for more details.

• www.annualcreditreport.co.uk