13 March 2007
Consumers' credit ratings could all be down to which zodiac sign they were born under, according to CreditExpert.co.uk.
Having a good credit rating is essential when looking at taking out a financial package like a secured loan, as a bad credit rating could limit how much consumers are given, raise their interest rates or even mean that they are denied credit options altogether.
Astrologers believe that Taureans are the most confident sign about their credit rating, though they tend to be lazy when it comes to sorting out their finances and will stick with the same deal rather than shopping around for a new one.
Geminis, on the other hand, are seen as a bit of a wheeler dealer when it comes to finances, as they are always chopping and changing in search of the best deal, while Leos have good intentions that sometimes run away with them and they can easily rack up debts. Only one in three Leos are confident about their level of borrowing.
Top marks go to Capricorns, whose finances are well organised - their credit is well managed, their accounts are in order and they've researched the best deals. Capricorns are the calmest of the financial star signs as few argue about money.
Jim Hodgkins, Managing Director of CreditExpert.co.uk, said: "Regardless of whether you take astrology seriously, the survey shows that there are a lot of people with great concerns about their spending and borrowing. Instead of looking to horoscopes for solutions to their financial problems, they'd be better off looking at their credit reports.
"Your credit history is part of your financial CV and if it doesn't reflect your current status, lenders may be less inclined to offer you credit in the future."