Are you looking for the best ways that can help to improve your credit score?
We are credit checked for all sorts of things these days, even for a job in some circumstances, and there are a few simple steps you can take to improve your score. We have put together an interesting infographic to help explain the best and easiest way to improve your credit rating.
As you can see, there are plenty of things you can do to improve your credit rating. A lot of people assume that once they have had a poor history there is nothing left you can do to improve it, this is not the case. The most important thing to do in the first instance is check your credit file for any mistakes. With a whopping 79% of us with credit files containing mistakes the chances are there could be some on yours, if there is it can make it difficult to obtain credit.
Not missing payments and making regular payments is imperative. It shows that you are a sensible borrower and that you can manage your money properly. Having a few credit accounts open and clearing the balance regularly is looked upon favourably by lenders, however, opening too many credit accounts at once can have a negative impact on your score so open them strategically.
If you have not yet built a credit score it can be frustrating to be turned away by lenders for having no history. How are you supposed to get a history without anyone giving you credit right? One thing you can do is apply for a icount Money Pay Monthly Account with Prepaid MasterCard®. There are no credit checks and you have the option to sign yourself into Creditbuilder™ which could help to improve your credit rating.