How to improve your credit rating
Tips to improve your credit score by Furness Building Society
Understanding your credit score
A gloriously high credit score - or credit rating as it’s also known - can unlock many doors. Conversely, finding yourself with a low score can leave you a little stunted and unsure of what to do for the best. In this situation, knowing how to improve your credit rating is crucial.
So it’s something of a surprise that 72% of 18-24 year olds* have never checked their rating. But where does the score come from, what does it mean and how can you improve your credit rating? Here, we break down everything you need to know to get your credit rating skyrocketing.

Next Steps
Things to note
Working slowly but surely on your credit profile over time, to get it where it needs to be before applying for loans and credit, is always recommended.
If you have a good credit score, you’re much more likely to qualify for the lowest and best interest rates. Whilst your credit rating may have opened doors for you in the past and you’ve been approved by your lender of choice, it’s always worth shining it up in order to get the best possible deals for you and your family moving forward.
Do you have any questions?
Hopefully, this guide has helped you understand how to improve your credit rating. If you have any concerns about your credit score and you’re thinking about applying for a mortgage with us, please get in touch by either visiting us in branch or giving us a call on 0800 834 312.