Review Time
This service has helped to improve my credit score, resulting in being able to purchase a property. As someone who has rented for over 10 years and always paid their rent, I think it’s important that this is reflected within your credit report. I would absolutely recommend this service to others.
I’ve been customer of credit ladder from the very first day of arriving to the UK and renting my first apartments here. It’s been 4 years now and since I bought a house the credit ladder service is no longer needed. At the same time interactions with credit ladder are seamless, they notify when bank needs to be reconnected and so on. My credit rating, I believe mostly based on credit ladder reports and it still allowed me to get a nice mortgage rate.
Overall, it's been a great experience so far. I'm really glad that my rent payments are now contributing to my credit score—such a smart and valuable feature! The website is user-friendly, the process is straightforward, and everything works smoothly. Definitely a smart solution for renters looking to build credit effortlessly.
I must be incredibly lucky, as my experience was awful. Basic information was not recorded properly. Upon trying to amend this, they again made errors, and had to delete my account, wasting my time (though at least they managed to action this correctly). This notion that credit agencies won't confirm historical instances/records is beyond a joke, considering it is the very basis of their 'business'. Which leads me to my one positive in this experience...I did learn that there are campaigns around regulatory action emerging around ALL of these companies which have grown around the gamification and access to credit records. This insidious profiteering which dictates our access to basic services, in our daily lives, should either not exist at all (instead a centralised system where we have control of our data, not the other way around) or be heavily regulated. Going on the track record illustrated by privatisation of every other vital institution and service, its unsurprising that may see the former presenting the most obvious case.
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