How Can Universal Credit Affect The Credit Score

How Can Universal Credit Affect The Credit Score

Dont worry, the actual fact you will get universal credit will maybe not straight impact your credit rating. However it may influence any applications you make for credit such as for instance mortgages, loans or even a brand new charge card. Keep reading for more information.

What exactly is Universal Credit?

Universal Credit is an advantage to aid you if youre of working age and on an income that is low away from work. It really is a benefit that is means-tested which means that the Department for Perform and Pensions (DWP) will evaluate your position to choose the amount of money you ought to survive and exactly how much Universal Credit you may need. (more…)

Read More