Uswitch warns not being on electoral register can affect credit score
Discussing claims that a million people have disappeared from the electoral register because of a change in law, David Mann, Head of Money at Uswitch.com says; “The implications for young people who are not registered to vote goes far beyond just losing their right to choose the next government.
“When they come to apply for credit cards or mortgages in the future, they could be in for a nasty shock. Many don’t realise that being on the electoral roll affects your credit rating and means you may not be able to get the best deals or even get access to credit. Our own research shows that a quarter of young adults (24%) have no idea they could be turned down for mobile phone contracts, credit cards and even bank accounts simply because they haven’t registered to vote. You can never have an ‘excellent’ credit score without being registered, as lenders use this information to verify names and addresses of applicants.”
For more information visit www.Uswitch.com or call 0800 093 06 07
FOR MORE INFORMATION
Ailene Barr
Phone: 020 3872 5610
Email: ailene.barr@uswitch.com
Twitter: @uswitchPR
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