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How does Universal Credit affect your credit rating?

Receiving Universal Credit will not directly impact your credit score, but it may affect some credit applications.

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If you are on Universal Credit, you might be wondering how this will affect your credit score. While it will not directly impact your score or your ability to build credit, it might affect any credit applications such as those for mortgages, loans, or a new credit card. 

Download this free resource to learn more about your credit rating, benefits visibility on your credit report and everything else you need to know about your credit score and Universal Credit. 

About PayDashboard

PayDashboard is the all-in-one employee pay and financial wellbeing solution that harnesses the power of payday to boost financial resilience across your workforce. Our secure API technology integrates with your payroll and HR systems for a bespoke employee pay and benefits experience. Assure the security of your payroll data with our award-winning, IS0-27001 and Cyber Essentials accredited solution.

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