UK Credit Ratings
In the United Kingdom, your credit rating – like in most other places – determines the amount of money you can borrow for a mortgage or refinancing. If you have a bad credit report, your chances of getting a loan in the UK are slim. The UK uses Equifax, Experian and Transunion to calculate credit scores. Like in the US, you can log on to their websites to take a look at your credit report. The report has everything in it that lenders look at before they agree to lend you money.
