Creditors should value highly responsible saving and spending habits. This means that your income should cover for your financial obligations (phone bills, loans, taxes, rent, utilities), as well as for your discretionary spending (restaurants, entertainment, travel) and create some savings for you. Good financial habits – only using your overdraft when necessary, and earning enough income to cover your bills within rational timeframes- are enough to show lenders you are likely to pay back a loan. We never want you to be turned down for credit you can afford.
What can I do to improve my score?