When you have a bad credit rating it can affect the chances of you getting fairer finance in the future.
But Fair for You is the UK’s No.1 Trusted Flexible Credit Provider, helping our customers to buy now and pay later on finance to suit their budget. That means you only pay what you can afford, when you can afford it.
This is a great opportunity for you to pay your loan on time or even overpay, and watch your credit rating improve!
That means that in the long term, you get better deals on your financial services. Here are 3 more tips on improving your credit rating…
3 More Tips on Improving Your Credit Rating
1. Check Your Credit Checks!
We check your credit rating when you take out a loan with us. It’s not just a simple score, we check it carefully and see a lot of credit information that is not always right.
Check yours yourself and challenge any of the high cost credit providers and pay weekly stores that do not report your credit correctly by writing to them with evidence to back up your claim.
We work with www.noddle.co.uk, because it’s completely free to check your credit rating with them.
2. Fill in the Application Correctly
When you apply for finance, make sure you put in the right details such as date of birth and past addresses. If the information you give lenders is wrong it could interrupt the process.
3. Get Help
If you’re struggling with debt, speak to a debt advice agency and get help clearing it. It’s important that your future isn’t damaged by mistakes you’ve made in the past, so the sooner you pay off your debts, the better.
About Fair for You
Pay weekly for top quality items directly from our manufacturers. No hidden fees, we’re just a straight up, not-for-profit Community Interest Company. All our loans are at 3.75% per month, representative 55.6% APR with flexible repayment options – you pay what you can afford, when you can afford it.
If you’re still unsure what to expect, view our Loan Application Walkthrough video here.