Discover what credit scores are and why they matter for your financial health and opportunities.
Credit scores influence loan approval, interest rates, and financial trustworthiness in the eyes of lenders.
Understand how payment history, amounts owed, and credit history length impact your score.
Consistently paying bills on time greatly boosts your creditworthiness and overall score.
Keep your credit utilisation low to show lenders that you're not heavily reliant on credit.
Longer credit histories positively affect your score, showing experience in managing credit.
Pay bills timely, reduce debt, and manage new credit wisely to improve your credit rating.
Regularly check your credit report for errors and stay updated on your score to maintain control.