To improve your credit score, focus on the following key strategies:

1. Make On-Time Payments

Payment history is the most important factor, accounting for 35% of your credit score. Always pay at least the minimum amount by the due date to avoid late payments, which can stay on your report for seven years and significantly hurt your score. Setting up autopay and payment reminders can help maintain timely payments

2. Reduce Credit Card Balances

Your credit utilization ratio-the amount of credit you're using compared to your available credit-makes up about 30% of your score. Aim to keep this ratio below 30%, or as low as possible, by paying down revolving balances. Paying off high balances or using strategies like debt consolidation or balance transfers can help

3. Keep Older Accounts Open

The length of your credit history affects your score. Keeping your oldest accounts open shows lenders you can manage credit responsibly over time. Avoid closing old credit cards even if you don’t use them frequently

4. Diversify Your Credit Mix

Having a mix of credit types, such as credit cards, loans, and mortgages, can positively impact your credit score. However, only take on credit you need and can manage responsibly

5. Check and Correct Your Credit Report

Regularly review your credit reports from all major bureaus to ensure the information is accurate. Dispute any errors to prevent them from dragging down your score

6. Register on the Electoral Roll (UK-specific)

Being on the electoral register confirms your identity and address, which can improve your credit score

7. Use Services That Report Additional Payments

Some services, like Experian Boost, allow you to add on-time payments for rent, utilities, and phone bills to your credit report, which can help build positive credit history

8. Avoid Frequent Hard Credit Inquiries

Limit the number of hard credit checks by lenders, as multiple applications in a short time can negatively affect your score. Use soft inquiries when possible to check eligibility without impact

. By consistently applying these practices, you can see improvements in your credit score within a few months to a year, depending on your starting point and credit behavior