Credit Rating

Business, Innovation and Skills written question – answered at on 12 June 2014.

Alert me about debates like this

Photo of Tom Clarke Tom Clarke Labour, Coatbridge, Chryston and Bellshill

To ask the Secretary of State for Business, Innovation and Skills what his policy is on a minimum monetary threshold for a late payment which affects an individual's credit rating.

Photo of Matthew Hancock Matthew Hancock The Minister for Universities and Science, Minister of State (Department for Business, Innovation and Skills) (Jointly with the Department for Education)

Credit ratings will take into account a number of different variables, including late payment, but it is a commercial judgment taken by credit reference agencies.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.