Your credit score, sometimes also referred to as your credit rating is really important. It's used to decide whether you're offered credit cards, loans, mortgage, mobile phone contracts, car insurance amongst other things. It's a number that lets lenders know how healthy your history is with regards to paying back money that you've borrowed, paying bills on time and is an indication of how you have handled your finances in the past. But don't worry, your credit score is actually within your control and what's gone before is in your past, so let's focus on your future and what you can do to improve your credit score which in turn can improve your chances of being considered by lenders.
See our helpful tips below: