Improving your credit score is a time-consuming process, but it’s still achievable if you take the following steps:
- Pay your bills on time
- Reduce credit card balances
- Avoid new debt
- Address any errors on your credit report
Regularly reviewing your credit score is classed as a ‘soft-inquiry’ on your credit report, meaning it doesn’t harm your rating like ‘hard-inquiries’ do. This means regularly checking your score is a great way of knowing where you stand and helps you spot any inaccuracies that could impact your ability to secure a loan.
