We have also created an interactive map giving users the chance to explore the differences in credit scores between each postcode (Embargoed 00.01 Monday 30th July).
- Interactive map (embed code provided upon request) & analysis: http://www.totallymoney.com/credit-map-of-the-uk/
- Press release: http://www.totallymoney.com/press-centre/credit-score-map/
- 11 tips on how to improve your credit score: https://www.totallymoney.com/free-credit-report/how-improve-credit-score/
A credit score shows one’s creditworthiness — that is, how willing banks and other lenders are to let you borrow money. As a rule, the higher your credit score, the more likely you are to be accepted for credit.
TotallyMoney also commissioned a survey with YouGov which uncovered the following:
- 41% incorrectly believe that where they live impacts their credit score
- 63% weren’t aware that electoral role details ore included in their credit report. Being on the electoral register helps lenders confirm you are who you say you are, and that you have a fixed, verifiable address.
- 52% weren’t aware that shared financial commitments are stored on one’s credit report. If you have taken out joint credit with someone, such as a mortgage or a loan, your credit ratings could affect each other’s.
London and the surrounding areas dominated the top of the table:
| Rank | Town | Area | Average Credit Score /710 | Average Borrowing Power /10 |
| 1 | Kingston upon Thames | Greater London | 547 | 5.35 |
| 2 | Watford | Hertfordshire | 545 | 5.13 |
| 3 | Harrow | Greater London | 545 | 4.82 |
| 4 | Guildford | Surrey | 541 | 5.03 |
| 5 | Twickenham | Greater London | 541 | 4.88 |
| 6 | Llandrindod Wells | Wales | 541 | 4.72 |
| 7 | Hemel Hempstead | Hertfordshire | 540 | 4.97 |
| 8 | Oxford | Oxfordshire | 540 | 4.9 |
| 9 | Redhill | Surrey | 539 | 5.07 |
| 10 | Sutton | Greater London | 539 | 5.04 |
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