Money questions answered

Short, straight answers to the questions people ask us most about credit, debt and borrowing. Each one links to the official source.

Credit reports and scores

Does checking your own credit score lower it?
Why is my credit score different at Experian, Equifax and TransUnion?

Bad credit explained

Why was my credit application declined, and what can I do?

Representative example: Borrow £300 over 10 weeks. 10 weekly repayments of £48.00. Rate of interest 499.5% per annum (fixed). Representative 11685.6% APR. Total amount repayable £480.00.