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What is my credit rating/credit score?

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What is my credit rating/credit score?

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Veda Advantage does not hold a score or credit rating on your credit file. Some credit providers may score or rate an application as part of the process to assess the risk involved in providing credit to you. This technique involves building a score or credit rating based on the information you provide on the application form and the information held on your credit file. Information supplied by you on your application form to the credit provider may, on its own OR in conjunction with the information that is held on your credit file determine that you did not meet their lending criteria. Each credit provider applies their own rating or score to each item of information used in the credit decisioning process, so one credit provider may approve your application whereas another will decline it.

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