How Electoral Roll Affects Your Credit Score?

Did you ever wonder what electoral roll is on your credit report and why it is essential in your overall credit standing? Many factors affect your overall credit standing and it is not uniform across all lenders, it means it varies on what type of loan you’re looking for. However, what you can do to improve your chances is organizing what you can control when it comes to your credit score.

Being on the electoral roll gives you extra leverage when you consider getting a personal loan, a new credit card or a new mobile phone contract. To understand better what electoral roll is, we provided some helpful information.

Understanding Electoral Roll


Electoral Roll is the overall list of voters registered in UK. It is also known as electoral register and this list includes names and the voter’s address. Even though electoral roll is mainly used for voting records, lawyers and authorities also use this for detecting crimes, jury selection and an important part of your credit score.

You can contact your local electoral office and verify if you’re fully registered. Validating if your information is up-to-date is very essential for maintaining your credit records.

Why Electoral Roll Is Essential for My Credit Report


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When you’re in an electoral roll, this will give lenders and insurance companies an extra layer of assurance by verifying who you are and where you live. This record will prove that you’re a lesser risk borrower and minimize the impression that you’re involved in any fraudulent activities. Aside from that, it also provides stable information of where you live.

One aspect that lenders wanted to see from your credit report is the signs of stability. Many experts and financial advisors want to pay attention to stability as it indicates that you’re able to pay back your debt and providing extra information that proves you’re in a stable financial state will give you a better chance for getting those loans from lenders.

After you register your information, your local authorities pass the details to credit reference agencies. The time spent processing and updating your info depends and usually takes about a month.

What Should You Do If You Move Places A Lot



If you recently changed address or simply move out from one apartment to another, it is recommended keeping your records at your most permanent address. As many financial advisors suggest, using your parent’s address might be your best bet if this is available as your option.

On the other hand, if keeping your parent’s address is not an option, many experts recommend registering on electoral roll as soon as possible. Just keep in mind, you might need to coordinate with your local authorities and inform them that you’ll be moving addresses to avoid any inconveniences in the future.

Aside from the benefits of registering your information on electoral roll, it is also a legal requirement for you to vote. Refusal of giving any details when you’re required by your local electoral registration office may come up with a fine that can cost up to £1,000. It is also worth noting that intentionally providing false information to the electoral register could get you a £5,000 fine.

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