A simple and free way to increase your credit score 2


We all know how important a credit score is why it is vital to have a high score. I have written before on ways to increase your credit score (LINK). But if you want a quick and easy way to increase your credit score, read on.

One of the key factors that influence your credit score is the level of debt / credit utilisation (about 30% of total equation).

A credit utilisation ratio shows how much of the available credit you currently use – the capacity used. So if you have a credit line for £1000 and currently have £500 outstanding, your credit utilisation is 50%.

When it comes to credit scores, the lower your credit utilisation, the better. And it is easy and relatively forward to lower it. All you need to do is contact your creditor and request a credit increase. Provided that you are a good customer, they will usually do it.





I personally owe £300 over 2 credit cards and I currently have a total credit line of £2000 over these two cards. I am only using 15% of my available credit – I have a 15% credit utilisation ratio. As I wanted to increase my credit score, all I did was I contacted both of the credit card companies and asked them to increase my credit limit. You know the saying, if you don’t ask, you don’t get. As a result, I now have a total line of credit for £3000 and a lower credit utilisation score of 10%. By doing this one simple thing, I have improved my credit score just like that!

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  • Roberts Daniels

    Good article, I was able to raise my credit scores excellently through the help of Retro, contact them if you require such awesome services. retrodataservices@gmail.com they are great, you won’t be disappointed

  • Roberts Daniels

    Good article, I was able to raise my credit scores excellently through the help of Retro, contact them if you require such awesome services. retrodataservices@gmail.com they are great, you won’t be disappointed