Rebuilding post BR

skivy71

Hi,
Been discharged since June 2020, looking for options to boost my score.
I have no debt and no cards (or other means to accrue debt).
Help much appreciated.
Kind regards,
S

[Deleted User]

You don't have a score, no lender ever judges you based on the gimmick the CRAs produce

The advice is the same as every other post asking for help to rebuild credit history which you can find 1000 times over on here

Get a credit card (credit builder/sub prime) and use it monthly for your normal spend like food and fuel. Pay it off in full every month after the statement. Get a SIM only mobile phone deal, pay that monthly. Get a basic bank account for your wages. Give it a year or so, add another credit card (sensible to have 1 Visa and 1 Mastercard) and just give it time. Don't be like some and rush back into taking out loads of credit and debt again, that will only end badly!

sourcrates

As a discharged bankrupt, you may not be comfortable with using credit cards again, just yet, so you may want to look at other options.

As above, credit scoring is something used by lenders to assess your credit worthiness, each has there own system for doing this, and the way it works is a confidential business secret.
The number you see on your credit report is just used as a marketing tool, by the CRA`s, and is not to be seen as a sign of your credit worthiness.

A lot of utility companies share information these days, as said above, a sim only contract can help as well.
I must echo the words of the post above, please don`t rush into getting more credit, take it slowly.