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

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Top tips for improving your credit score before applying for a mortgage

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10 step first time buyer guide