Being on the Electoral Roll improves your credit status. In fact, if you are not on the Electoral Roll, you might find it difficult to get any form of credit, simply because Credit Reference Agencies use the Electoral Roll to verify a person's identity.
There are a number of factors that contribute to a person's credit score, and determine whether or not that person is 'creditworthy'. However, credit and ID fraud remains a major problem, so lenders place considerable importance on Electoral Roll data to verify identity.
Whether you intend to vote in the upcoming election or not, make sure that you register to vote. Your name on the Electoral Roll is a fast and easy way of giving your credit score a boost, and could make it a lot easier to get a mortgage, a loan, a credit card, or insurance.
Geoff - http://www.metlissbarfield.com
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