How to improve your credit score

Your credit score reflects how you’ve managed credit in the past. While improvements don’t happen overnight, positive changes can reduce the impact of previous issues over time.

Check your credit report

Start by checking your credit report for errors, missing information, or accounts that should no longer be listed.

Incorrect data can negatively affect your score, so it’s important to ensure your report is accurate.

Make payments on time

Payment history is one of the most important factors in credit scoring. Missing payments can have a significant impact.

Setting up direct debits or reminders can help ensure bills and credit commitments are paid on time.

Reduce outstanding balances

High balances compared to your available credit can lower your score, even if payments are up to date.

Gradually reducing outstanding balances may help improve your credit profile over time.

Avoid multiple credit applications

Making several credit applications in a short period can negatively affect your credit score.

Each application leaves a footprint on your credit file, so it’s best to apply only when necessary.