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Credit:Why isn't it improving???

MrsFaul · 2018-10-17 13:11:55

Hello, Can anyone advise me? I have been trying to improve my credit score , its sitting at a miserable 1/5 and has been for about 2 years +. In the terms of rent, and bills up to date ( no missed payments) and credit cards is paid up in full at the end of each month. My credit limits have vastly increased on my credit…

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sourcrates Posts: 31,507 Ambassador

31 December 2019 at 9:43PM

adomanim wrote: »

Your credit card balances are too high
The first is that your credit card balances may be too high. A full 30% of your credit score is based on your credit utilization or how much of your total credit limits you’ve used up. You can check yours by dividing the total amount of your credit limits into the amount you’ve used.

Again, 14 month old thread.

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