Lenders search your credit file at the credit reference agencies
whenever you apply for credit.
They
want to confirm that you are who you say and you live at the
address you gave. And they want to see how you handled credit
in the past.
This happens whatever type of credit you want - mortgages, credit
cards, store cards, charge cards, HP or hire purchase, overdrafts
and personal loans.
Each time a lender searches your file, the fact is shown on
your file. The search leaves a footprint. The footprint stays
on your record for one year.
Be careful about making numerous credit applications before
you are sure you want to go ahead. Lenders might suspect you
have money problems if they see numerous searches within a few
months.
Bad
credit concerns? Simply ask a bad credit mortgage
expert.
It's free and completely confidential.
Simply fill out the form below
