The government has announced that consumers can now access their statutory credit report for £2 from each of the UK’s three credit agencies – Callcredit, Equifax and Experian.
The Department for Business, Innovation and Skills (BIS) has reached an agreement with CallCredit, Equifax and Experian that will allow people to access their credit reports swiftly and securely via the internet. Previously the reports were only available via post.
The credit reports enable people to check and monitor their financial commitments, including whether they have any County Court Judgments against them or late payments due. (source Which?)
Here at Money to the Masses we think this can only be good news. Periodically checking your credit report is sensible as explained in our previous post: Money tip #10 – Check your credit report
Also check out our recent money tips on how to improve your credit score:
Money tip #74 – 16 ways to boost your credit score and increase your chances of getting credit (Part 1)
Money tip #75 – 16 ways to boost your credit score and increase your chances of getting credit (Part 2 )