What are the top ten ways to improve my credit rating?

One of my financial goals in 2011 is to improve my credit rating, and I want to build a list of the ten things I can do improve my credit rating.

Asked by katie.jenkins

1 Answer

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Answered by Darren Smith, IFA in Basingstoke, HAMPSHIRE
close credit cards / bank accounts that you no longer need - having lots of available credit can give the impression that you are stockpiling ready to draw it all out!

but keep a card for a backup or emergency

set up DDs to cover minimum payments

speak to your lender before you are late as they will often give leeway if you ask permission.

ensure that you are on the voters roll at your address as soon as you move home and try not to move too often.

always keep within your authorised account balances

check your credit file for inaccuracies - mistakes do happen and if there are mistakes you can prove, they must be rectified within 30 days.

this will give you a good starting point on your Top 10! | 01.31.11 @ 20:24
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$commenter.renderDisplayableName() — {comment} | 11.24.17 @ 04:02
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Answered by

Darren Smith
Darren Smith, IFA in Basingstoke, HAMPSHIRE