An excellent Credit Score means lenders would see you as lower risk. It means you're more likely to be accepted for a credit offering you a better interest rate than others.

Thereby helping you save thousands of pounds over the life of your loan (usually between 25 to 35 years). If applying for a mortgage, it could help you save tens of thousands of pounds over the life of your mortgage term.

It also grant you access to all the lenders thereby providing you the best interest possible and credit terms.

A good Credit score or Credit rating is useful when applying for the following:

Credit Cards, Mortgage, Loan, Car Finance, Phone Contracts, Renting etc.

When looking for a job, some employers may require your credit report. These employers do so to assess an applicant's money abilities or as a potential for security threats. Some employer weighs your credit history more heavily for certain positions.

In this course, I will be discussing causes of bad credit score and providing you with 16 Practical tips on how to improve it.

Some of this tips could change your score immediately while some could take weeks and possibly months.

It is divided into 5 main Sections:

1, What is Credit Score

2, Importance of Improving your credit score

3, Importance of credit score to buying properties

4, Causes of bad credit

5, 16 Tips on improving your credit Score

This is a draft video and feel free to get in touch with your questions.

Disclaimer:

I am not a financial Adviser.

This Lecture is based on Research and Experience, mainly for the UK, US however it is useful for other Countries too.