How to improve your credit rating or score

When it comes to applying for a loan, credit card or mortgage, your credit score and rating matters. Lenders will generate a credit rating or score based on the information in your credit file, and will use it to help decide whether to accept your application. The higher your credit rating or score, the higher your chances of success.

No credit rating or score is set in stone and while you can’t wipe your credit rating clean straight away, there are ways to improve your credit score over time.

  1. Keep up with credit repayments
  2. Register to vote
  3. Close unused accounts
  4. Build a credit history
  5. Check your credit report regularly

You can access your statutory credit report using the link below: