Hi thereI'm slightly confused

[JJ2007]

Hi there

I'm slightly confused with my experian credit rating. I recently ran a report and it stated my credit rating was 'fair'. Is this normal considering I have an IVA which has been in place for just over 2 years? The IVA as well as the companies I owe money to are listed in this report, so I am somewhat surprised that it states my rating is fair as opposed to 'poor' or 'absolutely miserable'!!!

Any feedback would be appreciated!

Thanks

[kallis3]

I use the free Annual Credit report, and despite Lombard Direct defaulting me every month, my credit score is quite good.

Don't forget that things like your mortgage and any secured loans, plus your bank account, mobile phone contract, will all contribute to your report and if they are up to date that may be the reason why.

[Shining]

I have never checked mine pre IVA or whilst being in one, is it worth checking mine, is it something I should be monitoring?

[Declan at DebtFreeDirect]

Hi Guys
I think its always worth checking your file if only to make sure they have your correct details on file and that your credit history is accurate.

Thanks

[Shining]

Thanks Declan I might find myself just doing this over the next few days providing I can find something that doesn't charge me

[Declan at DebtFreeDirect]

Credit Expert offer a free 30 day trial so it is worth signing up for the month and checking whats on it.

[kallis3]

You can't do the 30 day free trial if you have been a member of Experian before.

The one I use is the Free Annual Credit Report. It's quite good, but the downside is that your info is only updated every 12 months. It does give an indication of what your file is like.

You can also pay for a more detailed report - it was £4.97 for the year.