Every time you apply for credit – a store card, bank account, credit card, even a mobile phone contract – the ‘lender’ will run what’s called a credit check on you. This is a comparison of your financial history against their ideal checklist. If you don’t meet their criteria, you may be turned do...
Want to see the rest of this article?
Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?
- Useful related articles
- Video and multimedia references
- Statistical information and reference material
- Glossary of terms
- Key Facts and figures
- Related assignments
- Resource material and websites
How does credit scoring work?







