A credit score shows lenders how reliably you repay borrowed money. A better score can mean easier approvals and lower interest rates.
What affects your score
- Paying bills on time
- How much of your credit limit you use
- Length of credit history
- Number of new applications
- Types of credit
How to improve it
- Pay every bill on time
- Keep credit card balances low
- Don’t apply for lots of credit at once
- Check your credit report for errors
Be patient
Credit scores improve gradually with good habits.
This article is general information, not personal financial advice. Consider speaking with a qualified professional about your situation.
