Before applying for credit, it is worth checking your Credit Report to ensure that all information is accurate. You can also use your TotallyMoney account to check your eligibility for a number of products and ensure you have the best chance possible of being accepted.
Improving your Credit Score will often help to improve your chances as this is used by lenders when assessing your application for credit.
If you are not on the electoral register, registering can be a quick way to improve your Credit Score. Most lenders prefer to see a stable address history for their customers as this suggests they will be easy to get in contact with and less of a risk to lend to. If you are on the electoral roll, this suggests that you are invested in staying at your current address and can therefore increase your Credit Score.
If you already have a credit card or loan, making regular payments and ensuring that you do not miss any of these payments or default on the product will also improve your Credit Score.
Read more about how you can improve your credit rating with our guide.