There are some simple ways to improve your chances of being accepted for credit:
Apply for one credit offer at a time
If you apply for lots of credit in a short space of time, lenders may reject your application. This could make you look like you rely on credit to get by and that you may struggle to repay it.
Check that your credit report is up to date
If you’re applying through ClearScore, are up to date in your account (name, address, employment status, salary etc.). This is the information lenders use to decide whether to lend to you.
You’ll also need to check your report for any mistakes and make sure that your financial associations are correct and up to date. If you’re incorrectly linked to someone with a bad credit score, it could damage your chances of getting credit.
It’s also a good idea to check for any accounts/searches on your report that you don’t recognise.
Work on the improvements we suggest on your report (called insights)
We show you personalised tips to improve your score based on your credit report. Examples of these might be that you could improve your score by registering for the electoral roll or spending less than 30% of your credit limit.
Consider the best financial product for you
You could consider increasing the limit on an account, extending your overdraft or taking out new credit.
Look at your offer recommendations with us
Your offers are based on your financial situation. They’re personalised and give you a better chance of being accepted - but no offer is 100% guaranteed.
Triple Lock at ClearScore
Using your report, we’ll find credit that is right for you. We lock in the credit limit and interest rate of your credit card or loan before you apply (which means it won't change once you’ve been accepted).
You’ll be pre-approved for this offer. So long as the details you give us are correct and you pass the lender’s own checks, you’ll get the rate and credit limit you see.