We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Best way to improve credit score?

Hi folks,

what would you say is the best way to improve a bad credit score?

Comments

  • matttye
    matttye Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Get a 'bad credit card' and pay it off in full every month.

    If you can't get a bad credit card, then get a phone contract or, failing that, a prepaid credit card.
    What will your verse be?

    R.I.P Robin Williams.
  • The_Boss
    The_Boss Posts: 5,867 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    TheUnknown wrote: »
    Hi folks,

    what would you say is the best way to improve a bad credit score?


    Matty provides some advice but why is your (imaginary) score bad? Do you have nissed payments? Are you using too much credit? Defaults? Little or no credit history?
  • Missed a few payments in the past is the most common one. Is it worh just getting rid of it all and starting it all again?
  • Tixy
    Tixy Posts: 31,455 Forumite
    For people to be able to advise on the best action to improve your chances of getting credit in the future then you really need to say what shows on your files currently.

    What active accounts do you have on file? What negatives and when from etc?
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.