**UPDATED 31/07/18**

The merger of leading credit score providers Experian and ClearScore raises concerns from the Competition and Markets Authority.

The CMA has found that Experian’s purchase of ClearScore may reduce competition for people who want to check their credit score.

As market leaders, Experian and ClearScore’s recent merger has prompted CMA concerns that the company will be less likely to innovate to help people better understand their finances, and potentially lead people to pay more for credit cards and loans.

Experian and ClearScore have until 27 July to offer solutions to resolve the CMA’s concerns, otherwise, the merger will be referred for an in-depth phase 2 investigation.


Experian has chosen not to offer proposals to address the CMA’s concerns and so the merger will now be referred for an in-depth investigation by an independent group of CMA panel members. The deadline for the final decision is 14 January 2019.