How to Improve Your Credit Score in 30 Days

How to Improve Your Credit Score in 30 Days

Your credit score plays a major role in your financial life — from getting approved for loans to unlocking better interest rates. The good news? You can start improving it in just 30 days.

📌 What Affects Your Credit Score in Australia?

• Payment history: Late payments can significantly harm your score.
• Credit utilisation: Using too much of your credit limit impacts your score negatively.
• Number of inquiries: Too many credit applications can reduce your score.
• Credit mix: A good balance of credit types (credit cards, personal loans, etc.) is helpful.

✅ Step-by-Step Credit Score Improvement Plan

1. Check Your Credit Report: Use free tools like Credit Savvy or Equifax to check your report.
2. Dispute Any Errors: Inaccurate listings can be corrected to improve your score.
3. Pay Off Overdue Accounts: Bring your accounts current immediately.
4. Reduce Credit Utilisation: Aim for under 30% usage of your credit limits.
5. Avoid New Credit Applications: For 30 days, avoid applying for new credit products.

💡 Bonus Tips

• Set up automatic payments to never miss a due date.
• Become an authorised user on a trusted account.
• Request credit limit increases without hard inquiries.

🚀 Tools to Help You Succeed

• Credit Savvy: Free access to your credit score and monitoring tools.
• WeMoney: Track debts and set repayment goals in one app.
• Frollo: AI-based budgeting tool that helps reduce unnecessary expenses.

Improving your credit score takes focus, but with the right steps, you can see positive results faster than you think. Start today and take control of your financial future.

Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please consult a licensed financial advisor for personal guidance.