Forget about that number or score. Experian or Noddle never loaned anything to anyone. Just make sure everything is accurate is the best you can do.

Each individual lender has their own criteria. Yes, they'll be worked out from the data at the bureaux, but it may not necessarily match up with those ratings.

Obviously being 999 is better than 100, so that's good, but it really means little when it comes down to the crunch.

Where it could work is for employment or property rental. Some of these people probably just look and make a decision from that score as they don't have computer engines using the data to make a decision.

And then it comes down to opinions. Noddle don't agree with Experian in your case. Probably some folk are the other way round. Probably some are the same. I find Noddle tends to have better data. Noddle, I believe, claim they do.

Hi A.D.

A very good answer from Bert Rudge here.

The scores are just estimates of what the credit references agencies think a lender might think of you. Every lender employs their own scoring system based on the data that's on your file and what you put into a credit application.

The surveys I've read suggest Experian has the most accurate and current data, but they do seem to underestimate what real-world lenders might think about a recent insolvency in the scores they provide.

Any insolvency event still on file will hamper your chances of gaining mainstream credit anywhere regardless of your score!

Paul

Also, even thought everything is marked as Satisfied/Partially Satisfied, it is still marked as Default too. Most lenders will have a cut off point where the Default total just means you won't pass till everything is off your report.

I'm still sitting at 600 or 2/5 with noddle and all that remains is one default I'm struggling to shake off! I was a 3/5 but changing bank account recently dropped me a point.
Paul

Don't Noddle only update on a monthly basis too seeing as it is a free service? You might find it changes when your next one is due.