How to improve your credit score.

Your credit score is a number that shows how reliable you look to lenders when borrowing money or signing up for things like a phone contract. It’s based on your credit history and how you’ve managed money in the past, including bills, loans and credit cards.  

The idea is simple, the higher your score, the easier (and cheaper) it usually is to get credit. A low credit score, on the other hand, can make it harder and more expensive to get a loan. If your score is low enough, you might not be able to get a phone contract or car finance. You might even struggle to rent a home.  

The good news is that you can improve your credit score by taking small, steady steps. Here are a few tips to get you started.