Trustpilot Excellent
Understanding your credit history
Understanding your credit history
Understanding your credit history
Understanding your credit history
Learn what your credit history means, how it's calculated, and why it matters for your financial future.
What is credit history?
What is credit history?
Credit history shows lenders how reliable you are when borrowing money. It helps lenders decide whether to approve your applications for credit cards, loans, and mortgages.
Credit history shows lenders how reliable you are when borrowing money. It helps lenders decide whether to approve your applications for credit cards, loans, and mortgages.
UK credit score ranges
UK credit score ranges
Each credit reference agency uses a different scale to calculate your score. Here's how they compare.
Each credit reference agency uses a different scale to calculate your score. Here's how they compare.
Equifax
Excellent: 811-1000
Excellent: 811-1000
Good: 671-810
Good: 671-810
Fair: 531-670
Fair: 531-670
Poor: 381-530
Poor: 381-530
Very Poor: 0-380
Very Poor: 0-380
Experian
Excellent: 961-999
Excellent: 961-999
Good: 881-960
Good: 881-960
Fair: 721-880
Fair: 721-880
Poor: 561-720
Poor: 561-720
Very Poor: 0-560
Very Poor: 0-560
TransUnion
Excellent: 628-710
Excellent: 628-710
Good: 604-627
Good: 604-627
Fair: 566-603
Fair: 566-603
Poor: 551-565
Poor: 551-565
Very Poor: 0-550
Very Poor: 0-550
What affects your credit?
What affects your credit?
Your credit health is calculated based on several factors from your financial history. Understanding these factors can help you improve your score.
Your credit health is calculated based on several factors from your financial history. Understanding these factors can help you improve your score.
Payment history
Making payments on time for credit cards, loans, and bills shows lenders you're reliable. Late or missed payments can significantly lower your score.
Payment history
Making payments on time for credit cards, loans, and bills shows lenders you're reliable. Late or missed payments can significantly lower your score.
Payment history
Making payments on time for credit cards, loans, and bills shows lenders you're reliable. Late or missed payments can significantly lower your score.
Payment history
Making payments on time for credit cards, loans, and bills shows lenders you're reliable. Late or missed payments can significantly lower your score.
Credit utilisation
This is how much of your available credit you're using. Keeping this below 30% of your limit shows lenders you're not overly reliant on credit.
Credit utilisation
This is how much of your available credit you're using. Keeping this below 30% of your limit shows lenders you're not overly reliant on credit.
Credit utilisation
This is how much of your available credit you're using. Keeping this below 30% of your limit shows lenders you're not overly reliant on credit.
Credit utilisation
This is how much of your available credit you're using. Keeping this below 30% of your limit shows lenders you're not overly reliant on credit.
Length of credit history
A longer credit history gives lenders more data to assess your reliability. Having older accounts in good standing can improve your score.
Length of credit history
A longer credit history gives lenders more data to assess your reliability. Having older accounts in good standing can improve your score.
Length of credit history
A longer credit history gives lenders more data to assess your reliability. Having older accounts in good standing can improve your score.
Length of credit history
A longer credit history gives lenders more data to assess your reliability. Having older accounts in good standing can improve your score.
Recent credit applications
Multiple credit applications in a short period can suggest financial distress. Each application typically results in a hard search on your credit file.
Recent credit applications
Multiple credit applications in a short period can suggest financial distress. Each application typically results in a hard search on your credit file.
Recent credit applications
Multiple credit applications in a short period can suggest financial distress. Each application typically results in a hard search on your credit file.
Recent credit applications
Multiple credit applications in a short period can suggest financial distress. Each application typically results in a hard search on your credit file.
Electoral roll registration
Being registered to vote at your current address helps verify your identity and improves your score. This is particularly important in the UK.
Electoral roll registration
Being registered to vote at your current address helps verify your identity and improves your score. This is particularly important in the UK.
Electoral roll registration
Being registered to vote at your current address helps verify your identity and improves your score. This is particularly important in the UK.
Electoral roll registration
Being registered to vote at your current address helps verify your identity and improves your score. This is particularly important in the UK.
Types of credit
Having a mix of credit types (credit cards, loans, mortgage) can positively impact your score if managed well, showing you can handle different forms of credit.
Types of credit
Having a mix of credit types (credit cards, loans, mortgage) can positively impact your score if managed well, showing you can handle different forms of credit.
Types of credit
Having a mix of credit types (credit cards, loans, mortgage) can positively impact your score if managed well, showing you can handle different forms of credit.
Types of credit
Having a mix of credit types (credit cards, loans, mortgage) can positively impact your score if managed well, showing you can handle different forms of credit.
What affects your credit health?
What affects your credit health?
Your credit health is calculated based on several factors from your financial history. Understanding these factors can help you improve your score.
Your credit health is calculated based on several factors from your financial history. Understanding these factors can help you improve your score.
Loan and credit card approval
Good credit history increases your chances of being approved for loans and credit cards with better terms.
Loan and credit card approval
Good credit history increases your chances of being approved for loans and credit cards with better terms.
Loan and credit card approval
Good credit history increases your chances of being approved for loans and credit cards with better terms.
Loan and credit card approval
Good credit history increases your chances of being approved for loans and credit cards with better terms.
Better interest rates
Lenders offer lower interest rates to borrowers with higher credit health, saving you money over time.
Better interest rates
Lenders offer lower interest rates to borrowers with higher credit health, saving you money over time.
Better interest rates
Lenders offer lower interest rates to borrowers with higher credit health, saving you money over time.
Better interest rates
Lenders offer lower interest rates to borrowers with higher credit health, saving you money over time.
Mortgage applications
Mortgage lenders use your credit health to determine if you qualify and what interest rate to offer.
Mortgage applications
Mortgage lenders use your credit health to determine if you qualify and what interest rate to offer.
Mortgage applications
Mortgage lenders use your credit health to determine if you qualify and what interest rate to offer.
Mortgage applications
Mortgage lenders use your credit health to determine if you qualify and what interest rate to offer.
Renting property
Many landlords and letting agencies check your credit health before approving your rental application.
Renting property
Many landlords and letting agencies check your credit health before approving your rental application.
Renting property
Many landlords and letting agencies check your credit health before approving your rental application.
Renting property
Many landlords and letting agencies check your credit health before approving your rental application.
Mobile phone contracts
Phone providers often check your credit health before offering contracts, especially for newer models.
Mobile phone contracts
Phone providers often check your credit health before offering contracts, especially for newer models.
Mobile phone contracts
Phone providers often check your credit health before offering contracts, especially for newer models.
Mobile phone contracts
Phone providers often check your credit health before offering contracts, especially for newer models.
Utility connections
Some utility companies check your credit health when you apply for services like electricity or broadband.
Utility connections
Some utility companies check your credit health when you apply for services like electricity or broadband.
Utility connections
Some utility companies check your credit health when you apply for services like electricity or broadband.
Utility connections
Some utility companies check your credit health when you apply for services like electricity or broadband.
Trustpilot Excellent
Start to track your credit history
Start to track your credit history
Start to track your credit history
Start to track your credit history
Track your credit and learn what’s helping or holding you back. (This won't negatively affect your credit score).
Powered by open banking
Powered by open banking
Powered by open banking
Powered by open banking
Partnered with Equifax
Partnered with Equifax
Partnered with Equifax
Bank-level encryption
Bank-level encryption
Bank-level encryption
Bank-level encryption
Ready to take control of your credit health?
Ready to take control of your credit health?
Download the Boshhh today to build your credit, get personalised improvement tips, and track your progress over time.
Download the Boshhh today to build your credit, get personalised improvement tips, and track your progress over time.
Frequently asked questions
Frequently asked questions
Frequently asked questions
Discover how boshhh works, why it’s different, and how our credit building tool can support your journey to better credit.
What is the Boshhh credit building tool?
How does paying £19.99 a month build my credit?
Do I need good credit to get started?
Will using Boshhh affect my credit report negatively?
How quickly can I see improvements in my credit?
What is the Boshhh credit building tool?
How does paying £19.99 a month build my credit?
Do I need good credit to get started?
Will using Boshhh affect my credit report negatively?
How quickly can I see improvements in my credit?
What is the Boshhh credit building tool?
How does paying £19.99 a month build my credit?
Do I need good credit to get started?
Will using Boshhh affect my credit report negatively?
How quickly can I see improvements in my credit?
What is the Boshhh credit building tool?
How does paying £19.99 a month build my credit?
Do I need good credit to get started?
Will using Boshhh affect my credit report negatively?
How quickly can I see improvements in my credit?
Trustpilot
Start building your credit today
Unlock better credit cards, loans and mortgages. Plans start from just £19.99/month. Offer ends soon!
10,519+ Users
Trustpilot
Start building your credit today
Unlock better credit cards, loans and mortgages. Plans start from just £19.99/month. Offer ends soon!
Trustpilot
Start building your credit today
Unlock better cards, loans and mortgages. Plans start from just £19.99/month. Offer ends soon!
10,519+ Users
Trustpilot
Start building your credit today
Unlock better credit cards, loans and mortgages. Plans start from just £19.99/month. Offer ends soon!
Boshhh MoneyApp
4.24
Get
Boshhh MoneyApp
4.24
Get