#free credit check uk
Free credit check service
Another great service that we can offer you through L C Mortgages is a free credit check facility with Noddle. Noddle is part of the Callcredit Information group who are used by many financial institutions to provide credit information about potential customers. This helps them manage the risk and reward of commercial and financial decisions.
Why do you need a credit check?
When lenders assess your mortgage application, they use a credit reference agency and credit scoring to help them make a decision. This credit checking process has an obvious impact on your position as a borrower.
Rather than this process going on behind closed doors, you can get ahead of the game and avoid disappointment and time wasting by checking your credit rating and credit score for free, plus finding out how credit scoring works simply by visiting Noddle.
How does it work?
Unlike other credit report services which are free for just a limited period, Noddle’s service is free for life. You can view your credit report online, giving you access to what the lenders see. They also offer an online dispute capability to help you correct any errors quickly and simply and support from their dedicated customer services team.
If you get a bad credit score – what next?
If you’re looking for a mortgage and have a bad credit score, don’t just head to a bad credit specialist. Call us first. We deal across the whole market and our experts will know which lender may be sympathetic to your circumstances, and remember – we do not charge a broker fee.
You may even find that rather than being placed on a bad credit mortgage with a high interest rate you are offered a standard mortgage, which could be the case if you have been paying a higher interest rate for several years. If this is the case, we can switch you to one of the best mortgage deals on the market.