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What happens when I apply for credit?

Before applying for credit you should check your Experian Credit Report is accurate and up to date. 

You should also look for small changes you can make to increase your credit score. You could use our CreditMatcher service* to show you credit products you are more likely to be accepted for based on your credit information. Please note that CreditExpert membership is not required for the used of CreditMatcher. This service can be accessed here.

Applying for more than one credit account at a time can affect your Experian Credit Score. 

Applying for many in a short space of time may decrease the chance of your applications being successful. You cannot pay someone to improve your credit report or score, and should be very wary of anyone who claims to be able to do so.

If you’ve been turned down for credit then contact the bank or financial institution involved and ask them to explain why.

Experian do not decide whether or not you are accepted for credit.

When you apply for credit it is the lender who makes the decision whether they will accept your application.

* Experian Ltd acts as a credit broker and not a lender in the provision of its CreditMatcher services, meaning it will show you products offered by lenders. Experian acts independently and although CreditMatcher shows products for a range of lenders it does not cover the whole of the market, meaning other products may be available to you. CreditMatcher services are provided at no extra charge however we will receive commission payments from lenders or brokers we introduce you to.