Whether your score is high or low, you can take control of your finances and improve your score. The first step is to understand your credit report, credit score and what influences these.
When you view your 'Report' section on your ClearScore account, you’ll see 'Insights' tailored to your credit history. We provide these to show what might be affecting your report and score, with helpful ways of improving each one.
Every insight indicates if the factor is high, medium, or low impact, and we list these in order of severity.
These are just suggestions that we display to you (and they’re not seen by anyone else but you) to help clarify behaviours and issues that might be having an impact on your score, both positively and negatively. You can select the insight to get more information about the issue.
The best way to build and protect your credit score is to responsibly manage your finances and debt. It means always paying on time and not taking out too much credit at any one time.
If you’re new to credit, the easiest way to build and protect your score is to prove you can manage credit responsibly. This could be a phone contract or a credit card. You’ll need to always pay on time.
You should also spend a small amount each month and always pay it back in full.
If you manage your finances sensibly, aren’t too reliant on credit, and you can prove your identity, you’ll be in good shape to get the credit you want.