|
|
-
In The Spotlight
- Family debt advice business scoops Franchisee of the Year award
- Dundee-based brokerage wins Business of the Year award for debt solutions
- One advisor, two debt management referrals and over £600 commission
- Former mortgage packager tells of transition to award winning debt advisor
- EuroDebt and mortgageforce partnership goes from strength to strength
New credit report service available for first time buyers
Wednesday 5th May 2010With this Thursday’s election set to be the closest contested in history, financial experts have warned first time buyers that no matter who moves into Number 10 Downing Street this week, there will still be hurdles in obtaining a mortgage.
Despite a possible change of political party, banks and other lenders are set to remain restricted in what type of borrower they extend finance to.
CreditReportAdvice, an independent service designed to take the confusion out of checking your credit report, has urged first-time buyers to ensure that the information on their credit report is accurate and up to date before putting in that important application.
Founder and director Helen Lord has spent over 20 years working with consumers at the credit reference agency Experian and says that she understands the frustrations people face when trying to resolve credit report issues.
She said: “Getting hold of your credit report is the easy bit. What people then want is a professional, personal and prompt service to deal with any queries they have. They want any inaccuracies on their report to be put right quickly. This is often the difficult part and it’s where we come in.”
CreditReportAdvice doesn’t produce credit reports – with Helen stating that that’s the job of the credit reference agencies and they are independent from all of them – instead they concentrate on making sure that customers have an accurate credit report, which they fully understand.
The firm works by helping people get a copy of their credit report from every credit reference agency, and then going through it to explain what the information means. This is all done for free, but if there are inaccuracies the firm offers impartial, one-on-one advice for a fee.
Helen adds: “We provide help and analysis of your credit report by email or, if you want personal contact, by phone – and you speak to a real person, not an automated system.”
Share this article:
Nowpublic
Digg it
Del.icio.us
Reddit
Newsvine
Related News Stories
Boxing champ rescues hard man from £2.5m loan scandalFriday 3rd September 2010
Daughter ruins parents with £45k credit card fraud to fund heroin habit
Friday 3rd September 2010
Confusing benefits leaving some indebted families out of pocket
Friday 3rd September 2010
How the TV ads didn’t quite add up: The post-your-gold scandal and its repercussions
Friday 3rd September 2010
Indebted shoppers dodging imminent VAT rise
Friday 3rd September 2010
Most Read News Stories
Manchester debt firm is liquidated owing creditors over £2.2mWednesday 11th August 2010
Bankrupt football legend probed by police over loan fraud
Monday 2nd August 2010
Mortgage broker ordered to repay £1.5m of client money used to pay off debts
Wednesday 14th July 2010
Barclays lifts lid on banking write-offs
Wednesday 20th February 2008
Send To Friend Print
RSS Feed
News Archive
Feedback:
If you have any queries about this news story or our news section, please contact us
