In December 2021, we updated the way we calculate Borrowing Power. We now include a wider range of factors to calculate it.
This means it’s now more personal, accurate, and reflective of changes in the credit market. So, it’s better at indicating how many credit offers you’re eligible for, and how good the offers may be.
The updated Borrowing Power also uses live credit market data. Your Borrowing Power may change more often because of this.