Credit scores usually account for payments on loans, credit cards and utility bills but does not take into account payments for subscription services or Council Tax. 

 

The new free Boost service from Experian, will look for strong payment history by linking your bank transactions to your free Experian account. Once you connect your bank account via a secure connection, Experian can use data going back up to 12 months to calculate whether you qualify for a Boost of up to 66 points. Any Boost will automatically be added to your credit score. 

 

Obtaining credit can be difficult if you don’t have a credit history, even if you pay all subscription payments, council tax payments on time and save money regularly. The Boost service from Experian could really benefit people, by also taking these additional payments into account.