How to instantly boost your credit score
Experian boost – what is it?
· Experian Boost allows you to potentially improve your credit score by sharing information about your regular spending, saving and income
· The last 12 months of regular payments such as streaming services, and council tax payments are taken into account in your credit report, when they usually wouldn’t be.
· If you're making payments like this regularly and you sign up to the service, you could get an instant boost to your credit score.
Who is it for?
· It is not just for first time buyers, it can be used for remortgages and home movers too
· For joint applications both applicants can also use it to boost both credit scores
How do I get started?
· Firstly you need to sign up to Experian and create a free account
· Click on the Experian boost feature and connect your bank account
· Experian scans your account to see how you manage your money
· Experian then let you know if they can boost your score
Can my score go down using Experian Boost
No – Experian Boost will never decrease your score
How much is it?
It is completely FREE and you can get started here https://www.experian.co.uk/consumer/experian-boost.html