A visual guide to your credit rating

By UK CreditCards.com

Your credit rating matters. It determines what types of loans you will be approved for and how much interest you will be charged for those loans. It can save you a significant amount of money on your borrowing if your credit rating is high -- or it can cause you to pay far more than is necessary on a loan if your credit rating is low.

If you're still scratching your head and wondering what a credit rating even is, here's a guide to everything you need to know, courtesy of the specialist credit provider Aqua.

 

What is Credit Rating Infographic (CCG)

 

Published: 21 October 2011