Check your Credit Report online with Experian

WHAT INFORMATION IS CONTAINED IN A CREDIT REPORT?

Credit references agencies – the largest in the UK is Experian – collate information about your financial background and past behaviour and format this data into your unique credit report.

Click here to see your Experian credit report online for FREE

Lenders see this information when they decide whether or not to offer you a loan, mortgage or credit card. It influences their assessment of the likelihood that you will repay them.

Information comes from two main sources:

• Public records, such as court judgements, individual voluntary arrangements and bankruptcies. Your credit report also shows whether you are registered to vote – lenders use this as a precaution against fraud, to check that you are who you claim to be and live where you say you do.

• Information from lenders and financial institutions, such as records of the number of loans you have and whether you have ever missed a repayment.

It’s important that all this information is as up to date as possible and correctly reflects your circumstances. Then lenders will make the best-informed decisions – and you will get the right deal.

The easy way to check your credit report is to log onto CreditExpert, the credit monitoring and identity protection service from Experian.
Click here for a free 30-day trial which allows you to see your credit report as often as you like.

WHY CHECK YOUR CREDIT REPORT?

If anything in your report is out of date or gives a misleading picture of your willingness or ability to repay a loan, mortgage or credit card, it can affect your chances of getting the best deals. It can even lead to outright rejection by lenders.

For example, you may have separated from a partner who has since run up debts but, because you have still got a joint account, his or her payment behaviour could be affecting you. You won’t see their credit data on your report but you will find a note of any financial association.

Or you may have shopped around for the best offer, without realising your enquiries have been registered as multiple applications. These should show as quotation searches. If they are down as applications, lenders could think you are desperate for money, have over-extended yourself or even that a fraud is being planned.

You could even discover applications and credit accounts in your name that you did not ask for. In that case, your identity may have been used fraudulently.

The easy way to check your credit report is to log onto CreditExpert, the credit monitoring and identity protection service from Experian. If you find anything you disagree with or would like to clarify the circumstances surrounding an entry, CreditExpert will help you to put the record straight.

Click here for your FREE Experian credit report

Pay day Lenders are not Payday Loan Brokers

• Are you looking to find a payday lender not broker?
• Do you think you will get better or more competitive rates from payday lenders not payday loan brokers?
• Payday lenders do not always offer a less expensive or cheaper rate than a payday loan broker!

As a payday loan broker, Larry is able to search multiple payday lenders at the same time meaning that you only have to fill out one form for an online payday loan.

With a payday lender you will have to fill out an individual form every time you make an application.  Therefore, brokers or broker services can save you time and not always cost you any more in fees.

• Larry the Loan Broker does not charge UPRONT FEES!
• Larry earns if you are successful in obtaining a loan and is paid directly by the respective lender.
• This does not cost you more as the lender covers this cost across all loan agreements they make.
• A broker may be a better choice!

If you need a payday loan, it is wise to consider first if the loan is for a purchase that cannot wait until payday! If you take on a payday loan and find that by pay day (when your loan is due for repayment) you have insufficient funds to repay the loan, you will incur high charges and possibly struggle to clear the loan at all in a reasonable period of time.

Please remember that a payday loan is meant to be repaid by your next payday following the date that you took out the loan.  Most people continue to struggle on moving from one payday lender or payday loan broker to another.

• Why does this happen?

This usually happens because of what was mentioned above regarding how an individual can encounter another unexpected cost prior to payday, within the same  month of taking out the payday loan. This means repayment becomes very difficult unless your income has also increased that month!

• For advice and help regarding payday loan brokers please call us FREE from a land line in confidence using 0800 118 2345, out lines are open 24 hours a day, 7 days a week.

Nearly half of England is Struggling until Payday

• Nearly half of employed England is struggling until the next payday!
• Too much month for your money?

It is reported today that approximately 45% of Brits are struggling to make ends meet until payday.  Payday loans are often considered as short term solutions but they more often than not become long term problems.

This is because some people consider a payday loan to be a long term financial solution.  It’s NOT!

It can be a short term solution but if you suffer a change in circumstance before repaying the payday loan company, you may find that you are unable to repay the payday loan you borrowed.

The high rates of interest or APR’s shown by most payday lenders reflect the short term repayment nature of the particular loan. It is because the repayment period is so short that the APR / Interest shows to be so high, if stretched out over a longer period these loans would not seem so high when APR / interest terms are quoted.

Some 7% of us are estimated to apply for a payday loan over the next 12 months.  This is a staggering statistic when you consider what percentage of the UK population is actually in work.

People who require a payday advance should be in part or full time employment and usually be earning a minimum of £700-£850 per calendar month. Other criteria do apply and differs from lender to lender.  Most require that you have a UK bank account and valid debit card along with work and home phone numbers.

Payday loans can help out in emergency situations but they often become relied upon and this is when the problem starts.  If you borrow from a number of payday lenders, they will all see themselves as the priority for repayment so unless you have plans to be paid 2 or 3 times for one month worth of work you would then end up in a cycle of debt.

• If you wish to apply for a payday loan you can call us using 0800 118 2345 or apply online for more information.
• If you are struggling with payday loans you should contact a debt helpline for confidential advice.

General Problems with Loans, Money, Debt and Credit

Obtain help and advice if suffering with Loans, Money, Debt and Credit problems in the UK.

• Do you ever STOP worrying about the next bill?

Personal debt problems in the UK are at an all time high and people are confused by debt. This is having a massive effect on society, family life and the relationships involved within the home.

Larry the Loan Broker understands exactly how much pressure and stress debt creates in an individuals daily life.  Not all people owe the same amount of money, nor do they all owe money to the same type of loan or credit companies.  However, they do all have the one same thing in common, they are extremely unhappy.

• Personal debt makes for a very unsettled home and a very inefficient work life.
• Make a decision and take control of your situation, do something about it, get debt help TODAY!

England, Northern Ireland, Wales and Scotland all share in the UK personal debt problem regarding the average British resident owing around £3,000 in credit and store cards, catalogues and bank loans and personal overdrafts.  Compared to £1,500 for the average European resident.

• The UK has a debt problem!

We try to offer help and advice on personal debt to all different groups of people, some explanations are below;

Debt problems in the UK regarding Pensioners

1.5 million pensioners owe credit card companies money and around thirty thousand home owners over 65 are still due to pay a remaining £30k on their mortgages.  When it comes to pensioners who we know need help with debt problems they have limited resources and a limited ability in most cases to increase income as they get older.  Fortunately, help is available.

Single Parent Families are vulnerable where personal debt is concerned

Single parents are at risk from high rate lending due to living as a single income household.  The fact that a family can become a single parent family over night does not make for easy living when it comes to the bills.  The stress becomes too much and the family often experiences real difficulties financially.  Again, personal debt help is available for single parents, all you have to do is pick up the phone!

Disabled people and debt problems on DLA in the Uk

Disability Living Allowance  DLA .  This is not all ways enough to live on for disabled people.  The cost of being disabled is not just in the disability itself.  There are many other factors that affect disabled people financially as they can be in debt due to massive increased living costs, not due to overspending as creditors may make them feel. Self debt management is hard for disabled people as they can not increase their disability living allowances personally.

Unemployed people and work forces made redundant

When commitments have been taken on whilst in full time employment, they  can become a real problem if one suddenly suffers a loss of job or employment.  It would be good if we could all save for that rainy day but it does not happen as we would sometimes wish it to.  If you have suffered a loss of job and are struggling to pay your bills, contact a debt support advisor today for further help before it gets totally out of hand and the help on offer becomes a little too late!

• An IVA is an alternative to Bankruptcy?

We have trained advisors who are experienced in helping people understand the implications of each and every route or debt solution available to control and clear credit card debt and help clear other personal debt problems.

The first step is the hardest part so once you do that, we can try and make it as simple as possible for you, pick up your phone and contact our free debt helpline (free from a land line mobile call costs may vary) today in total confidence.

• Call 0800 118 2345

Further information is available about debt management UK, Bankruptcy, and debt consolidation loans.

Refused a Loan with Bad credit and Personal Debt

Have you been refused a loan due to bad credit or personal debt problems?

• Refused a personal loan?
• Are your personal debts causing you to
  have loan applications turned down?
• Do you understand the reasons why personal loans are refused

It can feel frustrating having personal loans refused. The reasons for being turned down are varied but your current personal debt levels will be crucial in the decision. Professional debt help is a good way to improve the chances of being accepted for a new loan in the future.

• How?

Debts that are under control or have up to date repayment schedules are better in the eyes of lenders when trying to decide whether to lend or not.

• You should ask yourself when  borrowing more money whilst in debt, if in fact another loan will really help you?

If you have a history of not meeting your current credit or loan repayments then your prospective lender will see this on your credit report making it less likely for them to be willing to lend to you. Your credit report is available to view online with both Experian and Equifax.

Having been refused personal loans for whatever reason, you may wish to get advice about your present financial status, especially if you are struggling to meet your current repayment commitments or are ignoring letters and telephone calls from your creditors.

Our friendly and fully trained advisors are ready to help.

They are dedicated to their work and are working in the interests of you. Our aim is to help you become clear of debt!

Our debt advisors have all the information you need to make informed and productive decisions about your personal debts. They will lay out all the options and will guide you where required with the sole goal of helping you get out of debt.

Need a Loan in the UK to clear your debts?

• Many people try all different ways of obtaining loans before contacting us, don’t be one of them!

Searching for a loan is a very common mistake when you really need debt help online.  Most people look for loans when really they need an IVA (Individual Voluntary Arrangement) or debt management plan.  These are not the only two options available but are usually the best way to clear debts when taking only into account the total you will have repaid once clear of debt.

• Do not be put off by loans, just consider if another loan is really what you need, do you know what debt management is?

We have shown several different search terms below that link to information for each topic.  We hope they are of use to you, feel free to contact us if you need to speak with a personal debt advisor about debt management UK in confidence at a time that suits you.

• I am a Single Parent and need to get a loan
• I am recently divorced and need a loan
• Need a loan but recently I have been refused loans
• Debt consolidation loan explained
• Need a loan to stop Bankruptcy proceedings
• Need a loan to clear debt due to a death in my family
• Need a loan due to being made redundant
• Need A Loan in the Armed Forces
• Need a loan to clear credit card debt
• Need a loan but I am disabled, will any loan company help me?
• Need a loan after an IVA was refused or failed to go ahead or proceed

Need money fast? Refused an Unsecured Loan?

There are many reasons why someone needs an unsecured loan and as such we are proud to offer honest loan information and debt advice in the UK. Our dedicated team of loan consultants are always ready to help you find the right loan for whatever it is you need the money for but loans are subject to your credit status and refusal often offends.

• Call 0800 118 2345 to find out what options are available

An unsecured loan, unlike a secured loan, doesn’t require you to use any property you might have as collateral or security. An unsecured loan is not normally secured against any property. Because of this, it represents more of a risk to the lender so they tend to apply more stringent criteria to assess applications and often higher interest rates for those who they consider a higher risk. It is, therefore, important that the lender sees evidence that you have a good credit history and are earning enough money to be able to afford the loan repayments, even if your circumstances do change for the worse.

• An unsecured loan is usually fairly quick to arrange and the money is normally available within 24 to 48 hours of you being accepted.

Most unsecured loans will have a fixed term and fixed interest rates (although the rates themselves do vary hugely). Different lenders offer special terms like payment holidays or free early repayment allowance. There are a huge variety of unsecured loans available so it is important to look around for the best deal, especially to clear debt.

Further Information about other types of Loans use the links below or call free from a land line using;

• 0800 118 2345

• Secured Loans
• Mortgage arrears
• Personal Loans
• Payday Loans