Borrowing Power is an indicator of how likely you are to be accepted for credit. It is calculated on a scale of 1-10, with 10 representing an individual most attractive to lenders.
Your borrowing power can fluctuate each month, even if there have been no changes to your own circumstances. This is because we use a combination of the data held by Experian and live market data to determine your Borrowing Power. If lenders impose stricter criteria or we add more products to our range of cards and loans, this can impact your Borrowing Power and cause it to fluctuate.
If you are interested in finding out more about your Borrowing Power we also have a video summary available that can help to explain: