Your income and financial commitment details are collated together to see whether or not you can afford to take on the credit card. Credit card providers use credit scoring facilities and credit reference agencies to assess your suitability.

Credit Scoring assesses your personal statistics, for example your age and occupation and each statistic is given a score. This is to ascertain which broad category of borrower you fit into. Credit reference agencies provide a detailed analysis of your own financial position. In particular, any county court judgements which you may have, details of previous credit searches against you and details held on the electoral roll about you.

We can help you get a clear picture of your credit rating. We have teamed up with checkmyfile.com to enable you to check your credit file online.

Their website will give you access to your credit files and other information held about you, once their security procedures have been completed.

Their Internet service provides you with the information used by most credit reference agencies when judging your creditworthiness. This is based on Electoral Roll information, bankruptcy files, and the registers of county court judgments.

They show your checkmyfile.com credit score calculated using this information in conjunction with information provided by you.

They also offer a more comprehensive analysis of one of your full credit reference agency files by mail. They exercise your statutory rights on your behalf to order the file, and once received they analyse it independently and let you know of any problems in simple Plain English.

In addition to the information provided through their Internet service, your full credit reference agency file also includes information such as how you have repaid your credit cards and mortgage accounts, who has been searching your file and whether there is any fraud information registered against your address.

Click here to check your credit rating now.