You’ve just received your credit score information and realised you may need to tighten the belt, so to speak. What you didn’t know is you could improve your credit score quicker than you think. Take our interactive quiz and find out how you can increase your credit score.
True or false?
Thoroughly checking your credit report could be the difference between a high or low credit score.
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Updating your lender on any changes in personal details, such as a change in address, helps to keep your credit score healthy.
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Shopping for various lines of credit within a month will negatively impact your credit score.
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Lowering your credit card limit can make you look more reliable to lenders, increasing your credit score.
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Even if you wanted to dispute account listings, once they’re on your report, they can’t be removed.
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If you miss paying a bill by the due date it will automatically appear as a black mark on your credit score for five years anyway.
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Missing a payment in the past 12 months means you have no chance of securing a loan.
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Acting as a guarantor on a loan will increase your available credit and improve your credit score.
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