Some advice pls about experian credit report & score

[lisaf]

Hi Guys,

 

my sis checked her credit file on-line today (she has not checked for about 5 years)!

Anyway, she had a ccj previously from about 4/5 years ago but it's not showing up and a default (now satisfied). The rest is all up to date.

Her score is 709 but showing as 'poor' - i thought that was a high score?

Although i know that the default isn't helping.

So my questions are: why has the ccj dropped off (all good obviously)! and why the score?

Many thanks for any help!

Lisa x

[lisaf]

((((bump)))))

[Newborn]

Hi lisaf,

 

Some things sometimes seem to drop off reports and then reappear later. Although, if she paid the CCJ within 30 days it should never appear on there anyway.

Potential creditors treat defaults like CCJs so this may explain the poor score. It can also be explained if she has no other debt that she is regularly paying off or if she does not appear on the electoral role. Be warned that certain lenders (esp for mortgages) now refuse loans however good the record if the applicant is not on the electoral role. Be doubly warned to be careful when registering to vote that you must tick the box to EXCLUDE yourself from the edited register, which is the one they sell on the DCAs etc.

 

Newborn

[gizmo111]

Hi Guys,

 

my sis checked her credit file on-line today (she has not checked for about 5 years)!

Anyway, she had a ccj previously from about 4/5 years ago but it's not showing up and a default (now satisfied). The rest is all up to date.

Her score is 709 but showing as 'poor' - i thought that was a high score?

Although i know that the default isn't helping.

So my questions are: why has the ccj dropped off (all good obviously)! and why the score?

Many thanks for any help!

Lisa x

 

Which CRA did she use? It is basically a waste of time using their credit scoring as each lender will have their own internal system to score.

Did she pay the CCJ? Has she moved address?

[lisaf]

Hi Gizmo - she used experian. She didn't pay the ccj and hasn't moved - weird! (but in a good way i guess, especially the ccj)!

Lisa x

[Mrsmancmonkey]

I personally dont rate their scoring.... mine is under 500 AND i have never ever been late on a payment, I change my card yearly when the zero rate changes, I have my mortgage and car loan and Im on the register. Baffling when someone has a CCJ and their score is a hell of a load more than mine.

 

IMHO I would ignore it as lenders use their own methods.