A layman’s guide to the Consumer Credit Act 1974 (amended 2006)

The Consumer Credit Act 1974 is designed to give… You’re reading the blog post A layman’s guide to the Consumer Credit Act 1974 (amended 2006) that was written by and first published on Getting Loans and Credit & Managing Money.
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Life inside China’s “Social Credit System” – is Big Brother really watching you?

Living in a country like the UK – or… You’re reading the blog post Life inside China’s “Social Credit System” – is Big Brother really watching you? that was written by and first published on Getting Loans and Credit & Managing Money.
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Credit file vs credit score – what’s the difference?

“Credit file” (or “credit report”) and “credit score” are terms that are often used fairly interchangeably, as if they represent the same thing. However, while both involve the same data these are two quite different elements in the picture of your financial health and history that available data can create. So, what’s the difference? What is a credit file This is essentially a potted history of your financial behaviour with respect to the credit that you’ve had. This information comes from public sources (e.g. the electoral roll) and also from private sources (e.g. data that is shared between lenders). It is collated by credit reference agencies who then put it together into a report that is made available to lenders, mobile phone operators – anyone that you apply for credit with. What’s in a credit file? There are three main elements to your credit file: who you are, how you’ve borrowed and what you’ve borrowed. Who you are. This is personal information about
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