UK credit scores: should you worry about a big shake-up?
Your rating is vital when taking on debt, but you could be in for a surprise as a big player changes its rulesYour credit score is the magic number that helps lenders decide whether or not to approve a mortgage, loan or credit card application.Typically, the higher the number, the better your borrowing prospects. But a shake-up of the scoring system at TransUnion, one of the UK’s three main credit reference agencies, could mean a shock next time you log…
Source: www.theguardian.com