Specialist lender aqua card has today released a graphic which will help home-movers understand the impact that moving house might have on their credit rating, and the steps they can take to minimise the damage.
With approximately 534,000 people moving house each year[1] and only half arranging for their mail to be redirected[2], 267,000 new homeowners are at risk of having their credit rating damaged by identity-stealing fraudsters.
Experts recognise moving house as being one of life’s major stresses - and that stress is massively increased when having to go through the process of repairing damage to your credit rating, illegally caused by someone else.
Emma Davis, an online acquisition manager at aqua card, says: “We know that this is a very real fear for many people; online message boards are full of questions on how to protect credit scores when moving, so we felt it was important that we provide the answers for our customers in a clear and concise way.”
The graphic, which can be viewed online here: http://www.aquacard.co.uk/content/content.aspx?dsid=1075, reminds movers who they need to notify of their address change, including the DVLA, insurance providers and magazine subscriptions. It also gives details of how to set up post redirection with the Royal Mail and why it’s so important to re-register on the electoral role each time they move.
aqua hopes that the information will contribute to smoother and less stressful moves, as well as arming homeowners with the knowledge needed to protect their credit score.
The graphic’s content has been compiled with the help of the expert finance team at aqua card. For more information on bad credit credit cards and how to repair bad credit visit http://www.aquacard.co.uk/.
[1] Source: The Office of National Statistics
[2] Source: Royal Mail
-ENDS-
The aqua card was launched in 2002 and already has over 150,000 customers. As a specialist lender, whatever your financial situation, at aqua we take a closer look to see if we can give you the credit you need and can afford. We can’t promise to say yes, but we can guarantee that we’ll try, even if you have been refused credit before or are:
self employed and find it difficult to prove a regular income
a homemaker and are unable to prove your own income
working part-time or on a low income
at a new address or not on the electoral roll
recently moved to the UK
affected by previous poor credit, including County Court Judgments (CCJs)
The aqua card is underwritten and managed by SAV Credit Ltd and the card is issued by Bank of Scotland plc. This means you can have peace of mind knowing that aqua works closely with one of the UK’s largest financial services companies.
Representative 35.9% APR (variable)
Notes to editor:
The 'How Moving House Can Affect Your Credit Score…’ infographic is hosted on the aqua card website: http://www.aquacard.co.uk/content/content.aspx?dsid=1075
The infographic was designed by Grant Jennings, a design consultant at Propellernet.
For further information or image requests contact:
Eshe Brown, online PR consultant 01273 760 959 eshe@propellernet.co.uk
Sophie Coley, online PR consultant 01273 760 969 sophie@propellernet.co.uk