You probably know that the electoral roll is a list of everyone who is registered to vote in the UK. But did you know that getting onto the electoral roll is one of the simplest ways to boost your creditworthiness?
It’s true! The electoral roll isn't just for voting. It helps to prove you're you. And if you're not on it, lenders may struggle to identify you or reject your application altogether. So it’s really important to make sure you’re registered, and that your details are correct.
Being registered at the same address for a while shows stability, which lenders love. Lots of different addresses can create an impression of instability on your report. So even if you move a lot for work, see if you can register a single 'base' address (a family member’s house might be a good one for you to use if possible).
If you're not on the electoral roll (and you are eligible to vote in the UK) you can register here.
If you're not eligible to vote, but you have the right to live and work in the UK, you can ask each Credit Reference Agency (CRA) to add a 'notice of correction' to your credit report. You can contact them using the links below:
It can take up to a month for your registration to be completed and then another month for it to appear on your credit reports.
Checking your credit reports
When it comes to your financial health, your credit score is really important. So checking your credit reports is a good place to start when seeking to improve your financial health.
Making yourself visible to the system
If you haven't managed to find your credit report, you might be 'invisible' to the system for some reason, meaning one or more CRA can't find you.