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How To Build Your Credit Score FAST As A New UK Resident (2024)

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Chidera Peters

How to improve your credit score fast to get a mortgage with no previous credit history in the UK. I also share the how credit score is calculated, what credit score looks like, credit score apps and debunk credit score myths!

Have questions? Drop them in the comments section below—I'd love to hear from you! Remember to give this video a thumbs up if you find it helpful
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TIME STAMPS

00:00 Introduction
00:41 Credit score definition
01:40 Why is a credit score important
2:46 Check and correct credit report
03:50 Contents of a credit report in the UK
05:07 Bills payments + direct debits
06:17 The electoral roll
06:50 Credit building credit cards
07:58 Credit utilisation
08:18 Multiple credit applications in a short time
08:50 Smaller forms of credit
09:19 Financial associations
09:55 Length of credit history
11:09 Credit score myth 1
11:21 Credit score myth 2
12:10 Credit score myth 3
12:31 Credit score myth 4
12:57 Credit score myth 5

#creditcard #PersonalFinanceTips #creditscore #MoneyTalks
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