How to Build or Improve Your Credit Score

Your credit score affects whether you can borrow and how much interest you pay. Scores are calculated differently in different countries, but the core habits are similar.

Habits that help

1. Pay bills on time, every time.
2. Keep credit card balances low compared to your limits.
3. Avoid applying for lots of credit in a short time.
4. Keep older accounts open if they're in good standing.
5. Register to vote or verify your address where this applies.

Check your credit report

Use official or reputable credit reference services to check your report. Look for mistakes like accounts you don't recognise, and dispute errors.

Starting from scratch

• Some banks offer starter or secured credit cards.
• Use a small amount and pay it off in full each month.

Be patient

Credit scores improve gradually as you build a track record of responsible borrowing. This guide is general information.