LOOK AT YOUR CREDIT REPORT

Take a close look at your credit report. You should be able to spot why the lender has turned your application down. Common reasons for a lender declining you are:

• Not being confirmed on the electoral roll.

• Poor credit history - for example, CCJs, defaults, late payments recorded.

• Too much credit activity, for example, lots of applications for credit being made.

• You might have borrowed too much money already, for example outstanding loans and credit cards.

• You have available credit that is not currently being used, for example high limits on credit cards.

• Being financially linked to someone who has a poor credit history.

The easiest way you can get a free Experian credit report online is to sign up for a free 30-day trial with Credit Expert.

Remember that Credit Expert membership costs you absolutely nothing for the first 30 days whether you decide to remain a member or not.

Click here to see your FREE credit report.

Also read our article "Why have I been Refused Credit?" for more information.