At MoneySuperMarket, we use eligibility tools to help you find the right credit card or loan. Here's how it works:
What is an Eligibility Score?
When you get a quote, you'll see an "Eligibility Score." This percentage shows your chances of being approved for the product and interest rate you see on our site. This score is calculated by HD Decisions, a third party, using your credit information and financial details.
How is the Eligibility Score calculated?
We'll need your name, address history, date of birth, and some financial information. This helps lenders assess your ability to repay and ensure you get the best possible deal.
What do the scores mean?
100% pre-approved: Congratulations! You're guaranteed to get the product at the rate shown.
Other scores: You'll see other options you're likely to be approved for, but there's no guarantee.
Didn't find a high score?
If you need a credit card or loan urgently, you can still apply, but remember that unsuccessful applications can negatively affect your credit score.
Remember
Checking your eligibility with MoneySuperMarket is a 'soft search,' which doesn't impact your credit score. It's a great way to see which products you're likely to be approved for before you apply.