Do you have a good credit rating?
It’s the method used by banks, mortgage lenders, mobile phone companies, credit card providers and any other organisation that gives us credit; but a new study shows that 52.5 million Britons – 86% of people – have no idea whether lenders rate them as good, bad or average, even though a quarter of us have been turned down for credit in the past.
A sixth of us wouldn’t even know how to check our credit reports and just over one in 10 haven’t checked for fear of what it would reveal.
