The Road to Good Credit

Want to get the best finance deals? Follow The Road to Good Credit! Check Your Credit Report Start Fix any problems You can obtain your credit report online and you can request a statuary copy for £2 under the Data Once you have your credit report, check it for problems and inaccuracies. The slightest inaccuracy can harm your score so Protection Act 1998, make sure all information so you don't have to pay any costly monthly fees. is up to date. Register on the electoral roll Stay still! Stay at the same address, in the same One of the most important job, and don't change things to do. your name. CARD STOP Apply for credit Apply for a credit card, use it and pay it back in full. It's better to have some credit on your report than none at all, as long as it's positive. Never use Pay CREDT Day Loans Using this type of high interest loan does not show lenders you are reliable. RANK 50% Never miss a payment Make sure you pay all of your bills on time and NEVER miss a Sever any negative payment. Missed or late payments will stay on your report from 6 to 7 years. financial ties Other people's bad credit scores can harm yours if you are tied to them. PAY Get a mortgage A mortgage is one of the most important things you can have on your credit Get married report as it shows lenders that you are a good asset. But only link your Having a mortgage is a sign to other lenders that you finances with theirs if they use credit wisely. If you are connected to their accounts, your are an attractive borrower as you present little risk. credit rating will benefit from their responsible BANK Juat MARRIED usage. Finish Good Credit Well done, you have reached your destination! Sources The Money Advice Service https://www.moneyadviceservice.org.uk/en/articles/how-to-improve-your-credit-rating Experian http://www.experian.co.uk/consumer/credit-education/improve-credit-rating.html Number Money Saving Expert http://www.moneysavingexpert.com/loans/credit-rating-credit-score Stoneacre Motor Group