Calculators
-
Mortgage Calculator
See how much mortgage you can have
-
Debt Calculator
Work out how we can help you manage your debt
Good financial habits 'improve credit record'
Writing for the Times, James Jones of credit reference agency Experian explained what is necessary for consumers to improve their record.
He said that avoiding defaults and late payments is a good starting point, while individuals should avoid exposing themselves to too much credit.
Mr Jones added that individuals who have made multiple applications for new cards are likely to be treated with caution, as are those who are linked to someone with a poor credit history.
"It also helps if you are on the electoral roll and have lived at the same address for several years," he added.
Defaqto's David Black told the Times this week that the best credit card offers are only likely to be available to consumers who have an unblemished credit history
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2009-11-18 14:04:31 © Moneyextra.com
| Moneyextra.com's Top Picks |
| Barclaycard - Platinum Credit Card with Balance Transfer | ||||
Balance Transfers |
Purchases |
Representative APR (Variable) |
Benefits |
0% for 22 months (2.9% fee) | 0% for 3 months | 17.5% APR |
|
Representative example: assumed borrowing of £1200, representative 17.5% APR (variable). Purchase rate 17.5% PA. | Details | |||
| Halifax - Balance Transfer Credit Card MasterCard | ||||
Balance Transfers |
Purchases |
Representative APR (Variable) |
Benefits |
0% for 22 months (3.5% fee) | 0% for 3 months | 17.9% APR |
|
Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.95% PA. 0% for the first 22 months on balance transfers up to £3,000. You must have an annual income of £20,000 or more to apply | Details | |||
| Barclaycard - Platinum CC Balance Transfer Visa | ||||
Balance Transfers |
Purchases |
Representative APR (Variable) |
Benefits |
0% for 21 months (2.6% fee) | 0% for 3 months | 17.9% APR |
|
Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.5% PA. Refund offer which reduces handling fee to equivalent of 2.6% for everyone | Details | |||
| Royal Bank of Scotland - Platinum MasterCard | ||||
Balance Transfers |
Purchases |
Representative APR (Variable) |
Benefits |
0% for 20 months (2.9% fee) | 0% for 6 months | 17.9% APR |
|
Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.9% PA. | Details | |||
| Virgin Money - Credit Card MasterCard | ||||
Balance Transfers |
Purchases |
Representative APR (Variable) |
Benefits |
0% for 20 months (2.99% fee) | 0% for 3 months | 16.8% APR |
|
Representative example: assumed borrowing of £1200, representative 16.8% APR (variable). Purchase rate 16.8% PA. | Details | |||