💰 Loans & Credit

Credit Score
Improvement Simulator

Toggle different credit improvement actions on and off and watch your projected score update in real time. See how each action translates into lower loan rates and real money saved.

FreeNo signup
InstantResults
UKFocused

⚡ Toggle Improvement Actions

Always Pay on Time
Payment history = 35% of your score
12 months on-time
+0
Reduce Credit Card Utilisation
Keep utilisation below 30% (ideally under 10%)
30% utilisation
+0
Clear Outstanding Defaults
Defaults stay 6 years but settled helps
+0
Register on Electoral Roll
Simple but often overlooked in UK
+0
Close Unused Credit Accounts
Reduces available credit, slightly impacts score
+0
Add Credit Builder Card
Used lightly and paid in full monthly
+0
Dispute Errors on Credit File
Incorrect data can drag score significantly
+0
No New Hard Searches (6mo)
Each hard search costs ~5-10 points
0 recent searches
+0
Current Base Score: / 999

📈 Your Projected Score

300
Poor
580
Fair
720
Good
850
V.Good
999
Excel.
CURRENT
620
Fair
PROJECTED
GAIN
+0
points

💰 Rate Savings From Better Credit

Based on a £10,000 personal loan over 3 years:

Score BandTypical APRMonthlyTotal Cost

📊 Credit Score Factors — What Matters Most

Payment History35%
Credit Utilisation30%
Credit Age15%
Credit Mix10%
New Credit Searches10%
Public Records / DefaultsImportant

How UK Credit Scores Work

The UK has three main credit reference agencies: Experian (0–999), Equifax (0–700) and TransUnion (0–710). Each scores differently. Lenders may use one, two or all three. Our simulator normalises these into a consistent eligibility score.

How Fast Can You Improve Your Score?

Electoral roll registration shows within 4–6 weeks. Payment history improvements take 3–6 months to show meaningful gains. Hard search impacts fade after 12 months. Defaults remain 6 years but their impact reduces after year 2–3.