Hi guys. Just needed some advice on how to build up my credit score. - HotUKDeals
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Hi guys. Just needed some advice on how to build up my credit score.

£0.00 @
I know getting a credit card is probably the best way but I don't need a credit card as i prefer cash dealing or debit cards. So im not sure which credit card would be less hassle an more beneficial f…
planet2sky Avatar
3m, 2w agoPosted 3 months, 2 weeks ago
I know getting a credit card is probably the best way but I don't need a credit card as i prefer cash dealing or debit cards. So im not sure which credit card would be less hassle an more beneficial for credit score as its only 199 on clear score and on noodle the score is 521 with credit rating of 1/5
planet2sky Avatar
3m, 2w agoPosted 3 months, 2 weeks ago
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Responses/page:
#1
Hi,
Try looking at Money Saving expert they are most likely going to provide the best advice and tips.
#2
get a barclaycard debit card. they have a specific credit card for building credit. don't go over 25% credit utilisation a month and your score will go up over time.

it sounds ridiculous but it genuinely works. I have one and even though my limit is low my credit score regularly goes up each month.

also don't do multiple hard credit searches,I.e loan applications, credit checks. Just use the free clearscore app to check your rating each month.
#3
edit: barclaycard credit card, not debit.
#4
Not sure on what credit cards best but paying for things such as petrol on a credit card and clearing this promptly is a good way of improving your credit score.
#5
A mobile contract, British Gas for Electric & Gas, furniture on 0% i.e. DFS
#6
Make sure you're on the electoral role. Also that you have at least 2 direct debits coming out of your account. Get a low credit credit card (capital one are usually a dead cert) and put your usual food shopping on it and then pay it in full at the end of each month so you don't pay interest.
#7
have you had any dealings with credit before? those scores seem extremely low if the only factor is no credit history
#8
sophieb1986
Make sure you're on the electoral role. Also that you have at least 2 direct debits coming out of your account. Get a low credit credit card (capital one are usually a dead cert) and put your usual food shopping on it and then pay it in full at the end of each month so you don't pay interest.
This advice is spot on. No need to do anything elaborate just dont miss a payment.
Also dont apply for lots of credit cards or get loads of finance deals as this will leave a nasty mark on your score for a few months.
#9
The advice is NEARLY spot on.

About once a year, miss, or be late paying - seriously.

If they think you pay manually, and dont leave it all to an auto-pay bank app, your score goes up.

BTW, having the credit card at the same bank as you already use makes life a bit easier on keeping tabs on it.
#10
Gentle_Giant
The advice is NEARLY spot on.

About once a year, miss, or be late paying - seriously.

If they think you pay manually, and dont leave it all to an auto-pay bank app, your score goes up.

BTW, having the credit card at the same bank as you already use makes life a bit easier on keeping tabs on it.


​what a stupid piece of advice

NEVER intentionally miss payments
#11
I've always had bad credit (due to an ex running up debts in my name years ago that I only found out about recently), I got a capital one credit card about six months ago and I use it for petrol every month and put the cash away to pay it off. Sometimes I pay the full balance, sometimes I pay half or even the minimum payment and my credit score has raised each month.
Noodle or clearscore (or even money-saving expert) will soft search your history and match you to cards, telling you how likely your are to get each one without leaving a mark on your credit score.

Hope that helps
#12
If you want to use a credit card to raise your score, many people have suggested to me using bank specific cards. But I'm very tempted to get the Aqua card myself, since it has 0.5% cashback on purchases and £20 Amazon voucher incentive and while I don't have bad credit, the card itself generally states they accept people with bad credit.

Just NEVER forget to pay off your balance in full each month with credit cards. Set up a direct debit if possible.
#13
Have to say, i think there might be something in what gentle giant has said...
My husband has a vanquis card. He was paying the minimum payment for months and naturally they froze his limit. Then, as he pays manually, he accidentally missed a payment but made it up plus an extra £5 or so the following month and they gave him another £1000 worth of credit...
#14
n00dles0up
Hi,
Try looking at Money Saving expert they are most likely going to provide the best advice and tips.

bbfb123
get a barclaycard debit card. they have a specific credit card for building credit. don't go over 25% credit utilisation a month and your score will go up over time.
it sounds ridiculous but it genuinely works. I have one and even though my limit is low my credit score regularly goes up each month.
also don't do multiple hard credit searches,I.e loan applications, credit checks. Just use the free clearscore app to check your rating each month.

bbfb123
edit: barclaycard credit card, not debit.

loopylloyd
Not sure on what credit cards best but paying for things such as petrol on a credit card and clearing this promptly is a good way of improving your credit score.

fresia
A mobile contract, British Gas for Electric & Gas, furniture on 0% i.e. DFS

sophieb1986
Make sure you're on the electoral role. Also that you have at least 2 direct debits coming out of your account. Get a low credit credit card (capital one are usually a dead cert) and put your usual food shopping on it and then pay it in full at the end of each month so you don't pay interest.

adamspencer95
have you had any dealings with credit before? those scores seem extremely low if the only factor is no credit history

bigweapon07
sophieb1986
Make sure you're on the electoral role. Also that you have at least 2 direct debits coming out of your account. Get a low credit credit card (capital one are usually a dead cert) and put your usual food shopping on it and then pay it in full at the end of each month so you don't pay interest.
This advice is spot on. No need to do anything elaborate just dont miss a payment.
Also dont apply for lots of credit cards or get loads of finance deals as this will leave a nasty mark on your score for a few months.

Gentle_Giant
The advice is NEARLY spot on.
About once a year, miss, or be late paying - seriously.
If they think you pay manually, and dont leave it all to an auto-pay bank app, your score goes up.
BTW, having the credit card at the same bank as you already use makes life a bit easier on keeping tabs on it.

adamspencer95
Gentle_Giant
The advice is NEARLY spot on.
About once a year, miss, or be late paying - seriously.
If they think you pay manually, and dont leave it all to an auto-pay bank app, your score goes up.
BTW, having the credit card at the same bank as you already use makes life a bit easier on keeping tabs on it.
​what a stupid piece of adviceNEVER intentionally miss payments

lilymac
I've always had bad credit (due to an ex running up debts in my name years ago that I only found out about recently), I got a capital one credit card about six months ago and I use it for petrol every month and put the cash away to pay it off. Sometimes I pay the full balance, sometimes I pay half or even the minimum payment and my credit score has raised each month.
Noodle or clearscore (or even money-saving expert) will soft search your history and match you to cards, telling you how likely your are to get each one without leaving a mark on your credit score.
Hope that helps

SeraphXii
If you want to use a credit card to raise your score, many people have suggested to me using bank specific cards. But I'm very tempted to get the Aqua card myself, since it has 0.5% cashback on purchases and £20 Amazon voucher incentive and while I don't have bad credit, the card itself generally states they accept people with bad credit.
Just NEVER forget to pay off your balance in full each month with credit cards. Set up a direct debit if possible.

eaw1988
Have to say, i think there might be something in what gentle giant has said...
My husband has a vanquis card. He was paying the minimum payment for months and naturally they froze his limit. Then, as he pays manually, he accidentally missed a payment but made it up plus an extra £5 or so the following month and they gave him another £1000 worth of credit...

Thanks everyone for very informative advice. It's given me some sort of starting point now. I guess I should have mentioned that due to mis use of my ID I have been defaulted 2 years ago which is why the score is so low. On the bright side of things my partner and I have just bought a house with a mortgage of about £90000. Its high interest, hence the need to build up the score so we can get a better deal on the mortgage in the next few months or maybe a year
#15
Is it normal for your mortgage to not show up on your credit file?
#16
planet2sky
Is it normal for your mortgage to not show up on your credit file?


​depends how old it is. if its recent then it might not appear straight away
#17
With 2 default account any idea which company accepts my application?
#18
It's default on August 2014
#19
planet2sky
With 2 default account any idea which company accepts my application?


​gonna have to be sub prime like aqua, vanquis or capital one
#20
adamspencer95
planet2sky
With 2 default account any idea which company accepts my application?
​gonna have to be sub prime like aqua, vanquis or capital one

Thanks very much indeed, thanks again for your help.
#21
I paid 4th instalment for my home loan but still no sign of anything on my credit report oO
#22
I applied for a credit card that's showing on my report's but no sign of mortgage.
Any body have a clue?
Thanks
#23
planet2sky
I applied for a credit card that's showing on my report's but no sign of mortgage.
Any body have a clue?
Thanks

What company are you using to check your credit report? Noddle, equifax, experian? Can only suggest you drop them an email.

I use noddle, had a discrepancy with my name and they fixed it in a couple of days.
#24
planet2sky
I applied for a credit card that's showing on my report's but no sign of mortgage.
Any body have a clue?
Thanks


​not all lenders report to all 3 credit reference agencies, so it might be that your mortage lender doesn't report to CallCredit, meaning it wont show on Noddle but might do on Experian or Equifax.
#25
planet2sky

I know getting a credit card is probably the best way but I don't need a credit card as i prefer cash dealing or debit cards. So im not sure which credit card would be less hassle an more beneficial for credit score as its only 199 on clear score and on noodle the score is 521 with credit rating of 1/5
planet2sky
n00dles0up
Hi,
Try looking at Money Saving expert they are most likely going to provide the best advice and tips.
bbfb123
get a barclaycard debit card. they have a specific credit card for building credit. don't go over 25% credit utilisation a month and your score will go up over time.
it sounds ridiculous but it genuinely works. I have one and even though my limit is low my credit score regularly goes up each month.
also don't do multiple hard credit searches,I.e loan applications, credit checks. Just use the free clearscore app to check your rating each month.
bbfb123
edit: barclaycard credit card, not debit.
loopylloyd
Not sure on what credit cards best but paying for things such as petrol on a credit card and clearing this promptly is a good way of improving your credit score.
fresia
A mobile contract, British Gas for Electric & Gas, furniture on 0% i.e. DFS
sophieb1986
Make sure you're on the electoral role. Also that you have at least 2 direct debits coming out of your account. Get a low credit credit card (capital one are usually a dead cert) and put your usual food shopping on it and then pay it in full at the end of each month so you don't pay interest.
adamspencer95
have you had any dealings with credit before? those scores seem extremely low if the only factor is no credit history
bigweapon07
sophieb1986
Make sure you're on the electoral role. Also that you have at least 2 direct debits coming out of your account. Get a low credit credit card (capital one are usually a dead cert) and put your usual food shopping on it and then pay it in full at the end of each month so you don't pay interest.
This advice is spot on. No need to do anything elaborate just dont miss a payment.
Also dont apply for lots of credit cards or get loads of finance deals as this will leave a nasty mark on your score for a few months.
Gentle_Giant
The advice is NEARLY spot on.
About once a year, miss, or be late paying - seriously.
If they think you pay manually, and dont leave it all to an auto-pay bank app, your score goes up.
BTW, having the credit card at the same bank as you already use makes life a bit easier on keeping tabs on it.
adamspencer95
Gentle_Giant
The advice is NEARLY spot on.
About once a year, miss, or be late paying - seriously.
If they think you pay manually, and dont leave it all to an auto-pay bank app, your score goes up.
BTW, having the credit card at the same bank as you already use makes life a bit easier on keeping tabs on it.
​what a stupid piece of adviceNEVER intentionally miss payments
lilymac
I've always had bad credit (due to an ex running up debts in my name years ago that I only found out about recently), I got a capital one credit card about six months ago and I use it for petrol every month and put the cash away to pay it off. Sometimes I pay the full balance, sometimes I pay half or even the minimum payment and my credit score has raised each month.
Noodle or clearscore (or even money-saving expert) will soft search your history and match you to cards, telling you how likely your are to get each one without leaving a mark on your credit score.
Hope that helps
SeraphXii
If you want to use a credit card to raise your score, many people have suggested to me using bank specific cards. But I'm very tempted to get the Aqua card myself, since it has 0.5% cashback on purchases and £20 Amazon voucher incentive and while I don't have bad credit, the card itself generally states they accept people with bad credit.
Just NEVER forget to pay off your balance in full each month with credit cards. Set up a direct debit if possible.
eaw1988
Have to say, i think there might be something in what gentle giant has said...
My husband has a vanquis card. He was paying the minimum payment for months and naturally they froze his limit. Then, as he pays manually, he accidentally missed a payment but made it up plus an extra £5 or so the following month and they gave him another £1000 worth of credit...
Thanks everyone for very informative advice. It's given me some sort of starting point now. I guess I should have mentioned that due to mis use of my ID I have been defaulted 2 years ago which is why the score is so low. On the bright side of things my partner and I have just bought a house with a mortgage of about £90000. Its high interest, hence the need to build up the score so we can get a better deal on the mortgage in the next few months or maybe a year

planet2sky
With 2 default account any idea which company accepts my application?

As you've been defaulted, I'd echo previous, Vanquis or Aqua would most likely be your best chance, BUT bear in mind the interest rate will be high, very high in comparison to other cards so ensure you pay off each month.

As has been said, use the card for fuel, shopping etc, monthly essentials, register for online banking and as soon as the transactions appear on the card then pay them off.

You can get a free 30 day trial from Equifax and Experian, BUT beware it can only be used once, and ensure you cancel before 30 days are up or you start subscribing to them.

I'd continue with monitoring the Noddle/ClearScore rating as there free, be patient, 12 months minimum before you see any decent increase IMO.

Ensure all your details on your file are correct, electoral roll?, and ensure theres no 'strange' or old accounts you were unaware of.

On your Noddle account, there is a section that shows recommended cards your more likely to be accepted for.



Edited By: andynicol on Jan 08, 2017 12:04
#26
n00dles0up
planet2sky
I applied for a credit card that's showing on my report's but no sign of mortgage.
Any body have a clue?
Thanks
What company are you using to check your credit report? Noddle, equifax, experian? Can only suggest you drop them an email.
I use noddle, had a discrepancy with my name and they fixed it in a couple of days.
Noddle and Clear score
#27
Paying direct debits on time is probably the safest way of improving your CS. I was told by an accountant friend that if you do have a CC, having a very small amount of outstanding credit (which you can pay off anytime) can help build your rating. Your credit score will not increase unless you actually have a credit history. I often spend upto £50 on my CC and pay it days later, even if I have the cash available. Shows you can manage your money.
#28
I have got a cc from capital one an I've used it too, but for some reason my cs has gone down by 15 points on clear score. Is this normal?
#29
I will be paying full amount off that cc as soon as Im due a bill for it, each month.

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