Hello,
Got a copy of my ICB rating this morning, in preparation for submission of a mortgage application.
There is no 'score', just a list of current and recent loans and a record of payments up to date. How do I determine:
a) what score a financial institution would apply?
b) what that score means?
It looks good in that it's all ticks, showing no arrears. However, for two loans (these were Harvey Norman Hire Purchase) it shows ticks beside payments 1, 2 and 3. Then a series of dashes for the subsequent six months indicating 'no information available' and finally a 'c' showing the account was closed. Is this a negative? I don't know why they didn't have access to the information. The payments were made consistently, monthly, throughout the two ten month credit terms.
Thanks in advance.
Emma