Published 3 days ago • loading... • Updated 2 days ago

Credit score warning as millions in UK could be rejected over 'hidden red flags'

Hidden red flags in credit reports are now triggering widespread denials, with millions of UK consumers rejected for mortgages, loans and mobile phone contracts due to subtle warning signs, lenders say.
Lenders now analyse spending behaviour, address stability and short-term borrowing when assessing affordability, with credit files including BNPL agreements that can lower approval odds.
Cash advances and short-term borrowing patterns are treated as stress signals by lenders, with cash advances flagged even if repaid quickly and CIFAS fraud markers lasting six years.
Experts urge checking your credit file now and correcting errors before applying for major credit, as borrowers planning major credit applications risk denial of mortgages, loans and mobile phone contracts within 6–12 months.
Small, everyday habits can accumulate into impactful flags without consumers realising, while financial associations create long-term barriers to credit access and increase tension between lenders and applicants.

Insights by Ground AI