A credit file is the fairest way of assessing the level of risk that customers represent when applying for mortgages and insurance. It will indicate their reliability when it comes to paying bills and using financial products and is one of the best indicators available.
Along with mortgage lenders, even insurers are now starting to give better rates to customers who have a good credit rating.
Read on for five easy ways to boost your credit score –
And a final piece of advice – Avoiding credit altogether will not give you a positive credit rating, however, don’t try to remedy this by applying for lots of different products at once. If you would like to find out more information regarding your credit score or learn more about our products and services, please contact our Top House team today.