When you apply for credit, lenders will look at your credit report to help them decide if they’ll lend to you. They’ll want to see how you’re managing any current borrowing you have (such as if you’re making your payments on time and in full) as well as how you’ve managed credit in the past.
To give yourself the best chance of getting credit and at a good rate, it’s important the information on your credit report is up to date and correct.
If you're worried there may be information on your report that’s wrong or out of date, you can ask to have it changed.
If there’s anything on your credit report that you think is misleading or needs explaining, you can ask for a Notice of Correction to be included.