Will a private dental plan improve my credit score?

nosuchthingasasillyquestion

I was going to say this might be a stupid question to those in the know, but then I remembered my username and I guess I anticipated moments like this.

Anyway, I'm 24 and have decent savings (>30k, saved through work and student loan, will double in the next couple of years because I have a new job), but I haven't really paid out for much in the past. I don't have debts or such, but nor have I ever shown myself to be a reliable spender (no regular bills etc. which would support this).

I also don't have a dentist. If I sign up to a dental plan with a private dentist will this have the slightest impact at all on my credit-credibility? (I will be doing it anyway, but I think it's useful to know). I'm looking at a £15 a month one and I anticipate that it will be a regular direct debit. I don't know how long I'll stick with it, as this will be determined by my experience and financial circumstances.

I note that good credit comes from showing you have lived in a place for a while (check), had a long-term bank account with the same provider (check - only just, though, I moved after my 'child account' was closed) not/never in debt (check) and can show reliability in paying for things like a contract phone bill or rent (uncheck).

Thoughts?

MaryNB

Does the dental company report to any credit agencies? If not then it won't even appear. 

Rent doesn't show up on credit report. There are some schemes where you can ask for it to appear on your report but I think it's very rare for someone to do that.

Anyway, your credit score doesn't matter. You credit history does. A lender won't see your score. They will look at your history and do their own internal assessment or scoring, a system you won't be privy to. 

Check your file on all three agencies. A lender can check any of them. Don't pay for your report or anything that claims to boost your score.
- Experian - use MSE credit club for free access
- Equifax - use clearscore for free access
- Transunion - use Credit Karma for free access

Best things to do (if you haven't already done so)
- Get on the electoral register
- Get a credit card. Use it regularly. Keep utilisation below approx 30%. Pay in full on receipt of statement each month. Avoid using it to take out cash
- Avoid using your overdraft
- Avoid missed payments (the odd one won't be catastrophic). Avoid defaults, CCJs, payday loans