How can I improve my credit score?

jenivore

Hi,
I've had bad credit for a number of years. I once had a CCJ although this was definitely more than 6 years ago.
I'd really like to build my credit score but don't know how to. I can't get any credit in order to build it up.
Any advice?
Many thanks

Ebe_Scrooge

A mobile phone contract, gas / electricity accounts, a sub-prime credit card, will all help improve your history. Make sure you always pay on time ( ideally by direct debit ), and particularly with a sub-prime card, make sure you pay the full amount every month - the interest charges will be astronomical if you don't.

And you don't have a "credit score" ( the number you'll see on Experian or whatever is meaningless ). What matters is your credit history - a track record of managing money responsibly, and paying all debts on time without fail. And not maxing-out cards, or always using your overdraft - these give the picture that you're struggling. Just use the card for everyday spending, and pay it off in full every month.

Tixy

Do you have any open credit accounts at all? (e.g. a bank account with an overdraft facility/ mobile phone / interenet contracts? utilities in your name?

Have you looked at copies of your credit reports from any/all of the 3 credit reference agencies to see what they are showing?