Credit Score
A credit score is a number produced by a credit reference agency using information from your credit report.
1 min read Buying a Home
What it means
A credit score is a number produced by a credit reference agency using information from your credit report. Different agencies calculate scores differently, and lenders don't rely on one score alone.
Example
Paying bills on time over several years can contribute to a stronger credit profile.
Why it matters
A good credit history can improve your chances of being accepted for some financial products.
Lenders usually look at your credit history, not just a score.
Is there one official UK credit score?
No. Different lenders assess applications in different ways.