How You Can Clear Those Credit Hurdles ; Money Mail: Borrow It

Daily MailAugust 27, 2008

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AN ESTIMATED 3.4 million borrowers have been turned down for a mortgage or loan in the past 18 months -- with 450,000 applying more than four times before being accepted.

The findings from bank GE Money show a tightening of lending criteria is hitting those applying for credit. Every time you apply for credit leaves a footprint on your credit score. This is not a black mark, as such, but other banks and building societies will be able to see what you've been applying for.

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How You Can Clear Those Credit Hurdles ; Money Mail: Borrow It

If they see rivals have turned you down, or that you h...

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