Why do I have a low affordability score, when I have a high Experian Credit Score and Credit Hit Rate?

It is possible to have low affordability scores, even if your Experian Credit Score is high and you’re showing as a good chance of being accepted for products. Remember, your Experian Credit Score just looks at your credit history, it doesn’t take into account your earnings or expenditure, so is only part of the story.

This is why we created the Credit Hit Rate, so you get to see the full picture. If you’re seeing high scores, but your affordability is low, it indicates that lenders would likely offer your products, but you may get a worse rate or lower credit limit than some.