Martin Lewis tells viewer ‘I don’t care’ after he shares credit score problem

Martin Lewis tells viewer 'I don't care' after he shares credit score problem Source: The Martin Lewis Money Show, ITV

Transcript

00:00 I changed my phone sim contract last week to £10 a month,

00:03 saving me at least £25 a month.

00:04 Yay! Another mobile savings. There we go.

00:07 However, I then did a credit check and I had 30 or more points

00:10 knocked off my 100% score.

00:12 Why?

00:14 Yeah? Why?

00:15 Do you want my honest answer? Go on, then.

00:17 I don't care. Oh.

00:19 And that's not me being flippant.

00:22 And, Martin, you shouldn't be...

00:25 ..care either, for the simple reason that your credit score,

00:29 that credit score that you get, doesn't really mean anything.

00:33 Those credit scores are just a loose indication.

00:36 Small movements don't really mean any changing.

00:38 I suspect it happened because you've got an extra hard search

00:41 on your file and maybe your old mobile phone had evidence

00:44 of longevity and you don't have much evidence of longevity,

00:46 so it's temporarily knocked it for a short term.

00:48 But going from a perfect score to 30 points off,

00:51 whether your perfect score is 710, depending which agency it is,

00:54 or 1,000, it's neither hithern nor tither.

00:56 Get on with your life, don't worry about it.