Credit Reports – How They Affect Your Application

A Bad Credit Report Does Not Mean No Loan

A credit report is at the centre of borrowing. It is the main tool used by lenders to determine whether a customer is likely to be able to repay. It must be made clear, that as well as bad indicators, such as missed payments, good indicators are also recorded – such as completed payments.

It is all too easy to look at your credit report, and see a bad score, and assume you won’t get a loan. This is not necessarily the case – especially as Moolr work with bad credit loan lenders, as well as normal lenders.

Why not check your credit report before applying?

If you are worried your credit history will affect your application, then try a FREE 14 day trial with the credit report service from our partners at UK Credit Ratings

Errors or out-of-date information on your Credit Report can negatively affect your application. Ensure your report is accurate and dispute any errors! Sign up today for your FREE trial, and give yourself the best chance of obtaining a loan.


Get your rating in 60 seconds and you decide whether or not to proceed to application