Credit
Get credit-ready with Wisemium
Before you apply for a credit card, a loan, a phone contract or a mortgage, get your finances in order: your bills paid on time, your existing credit understood, your address and details up to date, and your reports checked. Wisemium keeps your bills, credit and dates in one place, so you can see your position before a lender does. Free to start, no credit check and no bank connection needed.
What to put in order
Your bills and their dates
Lenders look at whether you pay what you owe on time. Keep every bill in one place, with its price and its dates, and you can see what is coming before it is due.
The credit you already have
A credit card or a loan is part of your financial picture. Keep the balance, the limit or the end date, and the payment date, beside your bills.
Your rent and your address
Lenders use your address history to confirm who you are. Keep your tenancy and your address up to date, and your records in the right place when you move.
Before you apply
Check your reports with the three credit reference agencies, register to vote at your address if you are eligible, and use eligibility checkers before full applications.
New to the UK
A record from another country does not move to the UK, so most people start with none. It builds from accounts and bills in your own name, paid on time.
Paying on time
A direct debit for at least the minimum payment means a bill is not missed because a date was forgotten.
What Wisemium does not do yet
Wisemium does not show your credit score or credit report, and it does not check your credit.
It does not report your payments or rent to the credit reference agencies, and it does not repair or improve a credit record.
It does not check whether you would be accepted, arrange credit or recommend a lender, a card or a loan.
Common questions
What does credit-ready mean?
Having your finances in order before you apply: your reports checked, your details correct, your bills paid on time and your existing credit understood, so an application is not your first look at your own position.
Does Wisemium check my credit score?
No. You can see your reports free with Experian, Equifax and TransUnion. Wisemium keeps the bills, credit and dates that make up your everyday financial picture.
Do I need to connect my bank?
No. You can add your bills and credit yourself or from a document. No bank connection is needed and there is no credit check.