Wollit Credit Builder - What does a score of 880 on ClearScore...
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880 credit score They receive the following information: (1) your balance on the reporting date, and (2) whether your payment is late or on time. They do not know whether you paid the minimum amount or the full balance, they do not know whether you carry a balance, they do not know whether you pay interest..
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Having a score of 880 on ClearScore puts you in the very highest credit score band. They call this range “Excellent”. One thing you should keep in mind: your ClearScore credit score actually comes from Equifax, UK’s second largest credit reference agency. Equifax is one of the three main credit reference agencies, alongside Experian and TransUnion.
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Credit score ranges are confusing and inconsistent among reporting agencies. Where does your score fit in and how does that affect you?