5 min read

Why is ClearScore different? We choose the products right for you.

Anna Kilmurray
3 February 2017

Ever wondered how ClearScore chooses which products to recommend? We explain how we do things differently and how this can benefit you.

1. Our recommendations are based on your personal credit history

Unlike other sites comparing financial options, all of the recommendations you see on ClearScore have been selected because of your credit history. Because, if you're ClearScore account holder, you'll automatically connect your credit file information to your search, which not only saves you filling out tons of paperwork, but also enables us to only provide you with only the most relevant options to your current status.

In short, you're not going to spend hours looking for the right solution; instead, you can feel confident that we've found you a list of options that accurately match your needs.

2. You will always see options that are best for you, not for our pockets.

At ClearScore, the most important pieces of information we use when choosing a finance product for you will be:

  • your current borrowing behaviour
  • your likelihood of acceptance (calculated based on your credit history)
  • the APR (Annual Percentage Rate).

We use this information to present only the most practical options to you. Some examples might help here. If you’re new to the world of credit (or perhaps have a low credit score), we'll suggest the best ‘credit builder’ products for you that could help improve your score over time.

Alternatively, you might spend regularly on a credit card and pay it off on time every month (which is great best practice), we can calculate your potential earnings and then present a particular range of cashback cards that benefit you. Finally, if your credit history shows that you are carrying a balance regularly on a credit card, we can then calculate the saving you would make if you switched to a different offer and transferred the balance.

What's essential to remember is that the importance of each factor will vary, depending on your particular circumstances. For example, if you have a damaged credit file, your likelihood of being accepted for a particular product (eligibility score) is of especially high importance. Our website's algorithm takes all of this into account, to arrive at a curated selection of products that make sense for you first.

79% of people who’ve used ClearScore to take out an offer would recommend the service to their friends or family"

3. Eligibility scores and pre-approved offers are accessible with no impact on your score

Specific products are listed dependent your personal eligibility, or the likelihood you have of being accepted. Some offers are even ‘pre-approved’ which guarantees you’ll be successful in getting a particular offer, so long as the information in your ClearScore is correct (subject to the lender's own fraud checks). Once you're aware of pre-approved offers, you’re able to make an informed choice about whether to make an application.

Looking at your offers on ClearScore won’t affect your credit score so you can browse your offers page as often as you want to be sure you're making the most educated decision

Check your credit score and report for free, forever, with ClearScore

4. We show you leading brands that you trust

We have established partnerships with a huge variety of lenders in order to bring the very best offers to you. They range from new, innovative companies to the most recognised brands who offer a variety of products.

Occaisionally, financial providers will approach ClearScore with a special offer for our customers. If we think it’s an offer our customers would like, we’ll add it to appear in the results for you, based, of course on your credit history. These are shown as ‘Only at ClearScore’ in the 'Offers' section so you can clearly identify them.

In a nutshell:

Unlike others, we don't present offers to you which give us the biggest amount of commission. Instead, we are here to ensure that you are equipped with enough information on the financial services that you've shown an interest in, and that means using innovative algorithms based on your personal credit history and the available offers we have.

by Anna Kilmurray

Anna connects ClearScore with millions of users, fulfilling our mission of helping everyone get clear on their money.  When she’s not busy talking to customers she’s on yet another mini-break or doing headstands.

ClearScore exists to make your finances simple.
We offer a free service where you can handle everything to do with credit in one place. In your ClearScore account, you can see your credit score and the full details of your credit report. Your credit cards, mortgages, mobile phone contracts, loans, overdrafts and utilities all on the record. Our goal is to make ClearScore as simple, calm and straightforward as possible. Money is stressful enough.