{"id":26640,"date":"2024-01-10T15:50:18","date_gmt":"2024-01-10T15:50:18","guid":{"rendered":"https:\/\/www.lendingstream.co.uk\/blog\/?p=26640"},"modified":"2024-01-12T10:20:33","modified_gmt":"2024-01-12T10:20:33","slug":"how-to-improve-your-credit-score-in-30-days","status":"publish","type":"post","link":"https:\/\/www.lendingstream.co.uk\/blog\/how-to-improve-your-credit-score-in-30-days\/","title":{"rendered":"How to Improve Your Credit Score in 30 Days?"},"content":{"rendered":"\n<p>You may think that it would take months or years to <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/improve-your-credit-score\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>improve your credit score<\/strong><\/a> and for some people that may be true. Especially if you\u2019ve made some serious <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/common-financial-mistakes-to-avoid\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>financial mistakes<\/strong><\/a> in the past. But there are things you can do that could help improve your credit score in just 30 days.<\/p>\n\n\n\n<p>Here, we\u2019ll give you tips that can help you increase your credit score quickly. They\u2019re unlikely to take it from poor to excellent overnight, but if you do these things, it will improve it. And a good credit score is always better than a poor one because not all lenders might be like Lending Stream, who might consider you even for <a href=\"https:\/\/www.lendingstream.co.uk\/loans\/bad-credit-loans\/\"><strong>bad credit loans<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Tips to Increase Your Credit Score in 30 Days<\/strong>:<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f2836e0ee84\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f2836e0ee84\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-improve-your-credit-score-in-30-days\/#1_get_to_know_your_credit_file\" >1. Get To Know Your Credit File<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-improve-your-credit-score-in-30-days\/#2_understand_what_impacts_your_credit_score_and_avoid_it\" >2. Understand What Impacts Your Credit Score and Avoid It<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-improve-your-credit-score-in-30-days\/#3_reduce_your_debts\" >3. Reduce Your Debts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-improve-your-credit-score-in-30-days\/#4_keep_your_lines_of_credit_going\" >4. Keep Your Lines of Credit Going<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-improve-your-credit-score-in-30-days\/#5_consider_using_%e2%80%98experian_boost\" >5. Consider Using \u2018Experian Boost\u2019<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"1-get-to-know-your-credit-file\"><span class=\"ez-toc-section\" id=\"1_get_to_know_your_credit_file\"><\/span><strong>1. Get To Know Your Credit File<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To understand <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/what-affects-your-credit-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">what\u2019s affecting your credit score<\/a><\/strong> you need to know what\u2019s on your credit file. There are three main credit reference agencies in the UK \u2013 Experian, Equifax and TransUnion. Any financial products that you have will be reported on at least one of these agencies.<\/p>\n\n\n\n<p>That\u2019s why it\u2019s important that you check what all three agencies are reporting about you. If you see any errors, get them amended. It could be that you had an issue, and it was resolved but your credit file wasn\u2019t updated to reflect this. Or your name and address could be incorrect. But it\u2019s these small errors that could be keeping your credit score low.<\/p>\n\n\n\n<p>By making sure everything on your credit file is accurate, it\u2019ll help your credit score show a true rating.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-understand-what-impacts-your-credit-score-and-avoid-it\"><span class=\"ez-toc-section\" id=\"2_understand_what_impacts_your_credit_score_and_avoid_it\"><\/span><strong>2. Understand What Impacts Your Credit Score and Avoid It<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the biggest ways to affect your credit score is with your payment history. If you\u2019re missing repayments on your debts, this will have a big effect on how you\u2019re rated. By missing just one month&#8217;s repayment it\u2019ll bring your credit score down.<\/p>\n\n\n\n<p>Avoid this from happening by keeping on top of your repayments and setting up a direct debit. Try to arrange for the payment to go out on the day your wages go in. That way you\u2019re more likely to have the money in your bank account to cover them.<\/p>\n\n\n\n<p>If you have a genuine reason for missing a repayment, then contact your lender. Once you explain why your repayment was late you can ask them to remove it from your credit file. They may do it as a gesture of goodwill.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-reduce-your-debts\"><span class=\"ez-toc-section\" id=\"3_reduce_your_debts\"><\/span><strong>3. Reduce Your Debts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Another key area is how much your debt repayments are. But don\u2019t just look at your credit card repayments. Include payments on your car loans, your mortgage, short term and <strong><a href=\"https:\/\/www.lendingstream.co.uk\/loans\/payday-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">payday loans<\/a><\/strong>. If your total repayments are more than a round 30-40% of your income, then that could impact your credit score.<\/p>\n\n\n\n<p>Bringing down your debts as much as you can and keeping them below your credit limit helps. Try to move credit card debt to 0% interest so that you can pay it off quicker. If this isn\u2019t an option, take out a loan to pay off your credit cards instead. Using a loan which has less interest and lower repayments will help you keep on top of your repayments. It\u2019ll also help improve your credit score.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-keep-your-lines-of-credit-going\"><span class=\"ez-toc-section\" id=\"4_keep_your_lines_of_credit_going\"><\/span><strong>4. Keep Your Lines of Credit Going<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The longer your credit history the better it is for your credit score. This means that if you have a credit card that you\u2019ve paid off, don\u2019t close the account. You can spend on it but then pay it off in full each month.<\/p>\n\n\n\n<p>If you\u2019ve got more than one card, try to keep one of them with a zero balance.&nbsp; That way you can transfer other credit card balances to it and pay 0% interest. By shifting your debt back and for between cards is a good way of avoiding paying interest. The advantage is that it builds up a long history with your credit card companies. And this is good for your credit score.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-consider-using-experian-boost\"><span class=\"ez-toc-section\" id=\"5_consider_using_%e2%80%98experian_boost\"><\/span><strong>5. Consider Using \u2018Experian Boost\u2019<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is quite a <a href=\"https:\/\/www.experian.co.uk\/consumer\/experian-boost-faqs.html\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.experian.co.uk\/consumer\/experian-boost-faqs.html\" rel=\"noreferrer noopener nofollow\"><strong>new tool<\/strong><\/a> that Experian have added, and it\u2019s free to use. It allows you to add household payments to what\u2019s being reported on your Experian credit file. It can include things like your utility and phone bills, as well as your streaming services.<\/p>\n\n\n\n<p>These payments would have to be verified through your bank. But if you\u2019re up to date with them, this can quickly give your credit score a boost.<\/p>\n\n\n\n<p>As you can see, there are ways you can improve your credit score in a short space of time. <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-stop-spending-money-on-unnecessary-things\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cutting back on unnecessary spending<\/a><\/strong> to reduce your debts will help.&nbsp;<strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-set-financial-goals\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-set-financial-goals\/\" rel=\"noreferrer noopener\">Setting financial goals<\/a><\/strong> will give you something to aim for when you\u2019re trying to <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/best-ways-to-cut-back-on-expenses\/\" target=\"_blank\" rel=\"noreferrer noopener\">cut back on expenses<\/a><\/strong>. But to give your credit score a boost try some of these tips we\u2019ve given you here. They\u2019ll not only help you improve your credit score, but they\u2019ll get you closer to <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/financial-stability\/\" target=\"_blank\" rel=\"noreferrer noopener\">financial stability<\/a><\/strong> too.<\/p>\n\n\n\n<p><strong>Disclaimer:<\/strong> We are not providing financial advice, these are just tips for informational purposes. Also, we are not affiliated to any of the external parties linked in this article. They are provided only for reference.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You may think that it would take months or years to improve your credit score and for some people that may be true. Especially if you\u2019ve made some serious financial mistakes in the past. But there are things you can do that could help improve your credit score in just 30 days. Here, we\u2019ll give [&hellip;]<\/p>\n","protected":false},"author":48,"featured_media":26641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[267],"tags":[],"class_list":["post-26640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loans"],"_links":{"self":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/26640"}],"collection":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=26640"}],"version-history":[{"count":4,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/26640\/revisions"}],"predecessor-version":[{"id":27901,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/26640\/revisions\/27901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/media\/26641"}],"wp:attachment":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=26640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=26640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=26640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}