Is There Anything That Is Not Considered In My Credit Score?

These days, it seems that almost everything you do can have an impact on your credit score in some way. Every financial action you take, everything you buy, every application for credit, and every new job that you apply for - all have some influence over your credit score.

Given this information, it is certainly fair to ask: "is there anything which is not considered when calculating my credit score"? We asked an expert in credit repair for their advice - and have compiled a list of the things which are not taken into consideration in the credit score algorithm.

Personal Details Are Not Considered

The first thing that you need to be aware of is that none of your personal details (excluding financial history) are taken into account when calculating your credit score.

This includes the following:

• Ethnicity
• Religion
• National Origin
• Sexuality
• Marital Status

The last point here - marital status - is an interesting one. Many people believe that they are penalised for not having a partner, but this is simply incorrect. The truth of the matter is that absolutely no details of your personal life are used when calculating your credit score.

Employment & Personal Enquiries Are Out Of Bounds

Equally, employment details and personal enquiries that have been made privately are completely out of bounds to credit reporting agencies. This means that the following cannot be used:

• Employer details
• Salary / Occupation / Job Title
• Employment History

If you suspect that any of these things have been taken into account when calculating your credit score, you need to get in touch with your credit rating agency and let them know why you have a concern. It may be that the reason you were concerned relates to something completely different to those things listed above.

Finally, personal enquiries - such as when you call the hotline of a bank and ask about lending products, or when you make enquiries about different rates on a home loan - for example - are not included in the calculation of your credit score. This would be almost impossible to do, as personal enquiries are often not recorded - and therefore would be impossible to pass on to the credit reporting agencies.