Did you know that each time you apply for a loan your credit report gets updated and your rate may go up?

Has anyone seen this happen to themselves?

Let us know

Huxter,

I have checked this and you are correct - each request acts like a footprint on your credit report.

I guess the rule is the more you apply the more desperate you are and the more likely you are to default.

For this rteason best to avoid sites like moneysupermarket

Cheers,

BB