How can I improve my credit score?

Whilst each credit reference agency holds slightly different information about you, there are some general things you can do to improve how creditors will view you.

• Register to vote (having a validated residence is important)
• Check your credit file and report any inaccuracies to the credit reference agency.
• Always pay your bills on time. Falling behind on payments will flag you as higher risk.
• Ensure all your accounts are registered to the correct address.
• Try to avoid only paying the minimum monthly payment on your credit cards as this is indicative that you’re struggling financially.
• Try not to use all of the credit you have available to you. Doing so will signal to the lenders that you are heavily reliant on credit.
• Cancel any credit accounts you don’t use.
• Don’t withdraw cash from credit cards as it’s expensive and is often regarded as being indicative of poor money management skills .

If you need advice about debt, please call the charity’s debt advice helpline on 0800 043 40 50 to speak to an adviser.