As a credit reference agency we collect public and credit data to produce credit reports and credit scores. These are then used by responsible lenders to make decisions about whether to give someone credit. But did you know you also have the right to access your personal credit information?
By law you have the right to request a Statutory Credit Report for £2. This is posted to you within 7 working days of receipt of your request and payment.
Your Statutory Rights Include the Right to:
To receive a copy of your Statutory Credit Report within 7 working days of receipt of your request and payment
Dispute inaccurate information on your credit file
Have errors corrected within 28 days.
Under the Data Protection Act, Equifax is permitted by law to charge you £2 for each request you make for your Statutory Credit Report.
Equifax Credit Score™
Alternatively you may want to think about applying for a copy of your Equifax Credit Score™ which gives you access to your credit score and to your Equifax Credit Report conveniently online. The key factor most lenders use to rate a potential borrower is your credit score. So it makes sense to know your personal credit score and to understand how lenders see you based on this score before you apply for credit. Equifax Credit Score™ gives you just this.
Equifax Credit Score™ gives you online access to:
An easy-to-understand explanation of your score and how lenders see you
Score Performance Indicators that show how you rate in each category of information used to create your score
Specific ways to improve your score and therefore your ability to obtain the credit you want at a favourable lending rate
Access to additional help online and through our Customer Care team.
What is the difference between the Equifax Credit ScoreT and a Statutory Credit Report?
The table below outlines the differences between the Statutory Credit Report and Equifax Credit Score™ :
Equifax Credit Score™
Statutory Credit Report
You are given your credit score and an explanation to help you understand how lenders view your credit history.
Ways to improve your credit score
Specific tips on how to improve your credit score as well as helpful links between your credit score and your credit report to help give you a clearer understanding of both.
Score Performance Indicators are given to show how you rate in each category of information used to create your overall credit score
Click here for immediate access to your online Equifax Credit Score™ More Info