How to improve a credit score
Credit scores are key to getting credit so it pays to keep yours in good shape. Credit scores are all about how good you are at managing money and, generally, the better your credit score, the better the credit you are likely to be offered.
How do you improve a credit score?
01
Get hold of a copy of your credit file and check your details. If you find any mistakes you are entitled to have them corrected.
02
Make sure you are registered on the electoral roll (registered to vote) at your current address.
03
04
Don't be tempted to 'max out' your credit limits. Lenders do want to see credit being used sensibly so having some credit actually helps (it shows you can handle credit successfully) but just because you have available credit does not mean you have to use all of it. Using too much of your available credit is likely to reduce your credit score whereas having unused credit is likely to improve it.
How do I know whether my credit score is good or bad?
Does checking a credit score lower it?
