Guides to Borrowing

Gambling has become a common pastime for many people in the UK. Whether it be sports betting, online games, bingo, and more, gambling comes with an array of financial risks—including the potential to negatively affect your credit score. In this article, we will be taking a look at how gambling—and more specifically online gambling—can influence … Continue reading “Does gambling affect your credit score in the UK?”

Money can be a constant worry for many, with the lingering threat of a bad credit score putting any future large purchases and plans at risk. Car finance, mortgages, long-term loans, and similar can all be impacted by a bad credit score—simultaneously, these borrowing methods can all cause changes to your existing credit rating. In … Continue reading “Does financing a car affect your credit score in the UK?”

Whether you’re getting a car on finance, buying a house, applying for a loan, or taking out a phone contract—credit checks become almost inevitable in adult life. But as much as we’re told that it’s important to know our credit scores, how many of us can truly say we know what a good credit score … Continue reading “What is a good credit score in the UK?”

Have you ever tried to take out a loan, purchase something on finance, or even buy a house? If so, you’ll have likely come across the topic of credit scores and credit checks at some point during the process. Credit scores, which are based on your borrowing history, provide a rough guide on your so-called … Continue reading “Does an overdraft affect your credit score in the UK?”

Published: 10/11/22 When it comes to borrowing, there are few things more influential than your credit score. These values, calculated by credit bureaus, represent your borrowing history. They’re used by lenders to determine whether you are reliable and, in their eyes, eligible to borrow. So, whether you’re in the market for a personal loan, a … Continue reading “Credit builder cards: Are they a good way to improve your credit score?”

Published: 10/11/22 Whether you’re applying for car finance, taking out a personal loan, or looking for a mortgage on your first home, one factor is almost certain to come up—your credit score. Given that credit history plays such an important role in personal finances and borrowing throughout our lives, it’s easy to see why it … Continue reading “What affects your credit score?”

If you’ve been rejected (don’t you hate that word?) for a loan, don’t worry. It happens to people all the time and it could be for a number of reasons. To help you figure out why, we’ve put together a quick guide on what to do next.

Credit scores. They’re not the easiest thing to get your head around, are they? And if yours is a little on the low side, understanding how it can affect your chances of receiving credit is essential. To help get you up to speed, we’ve outlined the potential costs of having a low credit score. Warning: Late … Continue reading “The cost of bad credit”

Need to improve your credit score? Well, you’ve come to the right place. No matter if you’re trying to recover from past financial difficulties, or you need to build it from scratch, there are plenty of things you can do to boost your credit score. Here, we run through five of them.

Checking your eligibility for credit and understanding your credit score can be pretty confusing. The Aro Understanding Credit Scores guide can help you come to grips with how your credit score works. You’ll also discover how to boost your credit score.