Simple habits such as paying bills on time can help improve a credit score but Britons should be careful about how they go about checking what their current score is. The better a person’s credit score is, the better chance they have of getting a good deal on their mortgage.
Jo Thornhill, personal finance expert at MoneySuperMarket, said people should keep a close eye on their credit report to check everything is correct.
She said: “There are a number of ways you can improve your credit score, for instance paying your bills on time, closing any unused credit card accounts, and making sure you are on the electoral roll.
“It is also beneficial to check the accuracy of your credit report. Sometimes there are errors so if you spot something that isn’t correct, you can contact the provider to get it amended.”
There are several UK credit reference agencies, that will give slightly different scores …