Frequently Asked Questions

Answers to commonly asked questions on credit scores, debt management, credit card management and more!

Credit card limits and rewards

How do I get a low APR credit card?
What is a good APR rate for a credit card?
What credit score do I need for low APR?
Will my credit score affect my APR?
Does a high credit limit affect your credit score?
Why do credit cards give cashback?
How do cashback credit cards work?
How to calculate cash back on credit cards?

Credit scores

Why does a credit score matter?
How do I improve my credit score?
Who decides my credit score?
Will applying for credit hurt my credit score?
What makes up a credit score?
What’s the fastest way to build my credit score?
How long does it take to build credit?
How much will being on the electoral roll improve my credit score?
How long does it take to fix my credit score?
How much can my credit score change based on my credit utilisation?
How do I check if I am on the electoral roll?
Does withdrawing cash from credit card affect credit score?


What does in credit mean?
What does in debit mean?
What is APR?
What is AER?
What is Credit Card utilisation?
What is a CCJ?
What is an IVA?

Credit card management

Why is my available balance less than my balance?
How many credit cards can I have?
How many credit cards is too many?
Does Aldi take credit cards?
Should I get a credit card in the UK?
What is my credit score if I never had a credit card?

Debt management

How long does an IVA stay on my credit report?
Is an IVA better than a CCJ?
I can't pay my credit cards what will happen?

Building credit

What is a ‘thin’ credit file?
How can I build credit with no credit history?
Do I need a credit card to build credit?
How can I build my credit score when I have a CCJ?

High limit credit cards

How can I get a credit card with a high limit?
How to get a higher credit limit?