Banks don’t make their credit scoring policies public knowledge so as to avoid unscrupulous clients manipulating them. By keeping them restricted knowledge, neither customers nor staff can play the system. It is neither corrupt nor arrogant, it simply serves to decline clients who are not able to manage their money and would result in a bad debt – this in turn affects profits and then charges need to increase for customers across the board. No doubt you would say this is unfair also – so they can’t win! It is purely designed to protect the good customers, which is the vast majority.

Your comment about banking advisors being uneducated is far from accurate and rather insulting. They are very well trained, often undertaking degrees in various banking disciplines at the same time as working full-time. They are highly trained in compliance and banking products, and have to undertake regular MOT’s, checks, and have supervised meetings to ensure they remain completely up to date and compliant with the FSa’s regulations.

You can obtain a copy of your credit report from Experian or Equifax for a one-off payment of £2; you can either post them a cheque or postal order along with the form you can print off their website, or you can pay by card on the site itself. The card must be in the same name as the report is being ordered in.