Let me make it clear, what’s a bad credit rating?

You will find 3 main credit guide agencies in the united kingdom and all of them have actually various credit ratings that get into the ‘very poor’ or ‘poor’ groups.

Transunion

Previously referred to as CallCredit, Transunion provide you with a score of between 0 and 710 and their credit assessments break up similar to this:

Score Rating
0 – 550 Really Poor
551 – 565 Poor
566 – 603 Fair
604 – 627 Good
628 – 710 Excellent

Experian

Experian are probably the greatest known and biggest credit guide agency in the united kingdom. Scores here range between 0 to 999 and digest the following:

Rating Rating
0 – 560 Extremely Poor
561 – 720 Bad
721 – 880 Fair
881 – 960 Good
961 – 999 Excellent

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