NEW! Our Hero’s Journey tool can help you with your next step towards financial freedom - click here to try now.
Advertiser Disclosure

How to boost your credit score ahead of local elections

How to boost your credit score ahead of local elections
Image source: Getty Images


It’s that time of year again. Local elections will be taking place across Britain in May, giving people the chance to vote on what they want for their local community. It’s the perfect time to check you are registered on the electoral roll. Not only does this mean you can exercise your democratic right – but it could also boost your credit score.

Looking for a new credit card?

Great credit card offers are out there — you just need to know where to look! If you’re after some of the top offers on the market, a great place to start is our list of the top credit cards.

How does registering to vote boost my credit score?

It may not seem obvious, but one of the first steps in improving your credit score is to make sure you are registered on the electoral roll.

You may be wondering why it should matter. Well, credit reference agencies and lenders use the electoral roll to verify who you are. If you give a name and an address that is different to the one you are registered to vote with, then that could raise a red flag. Similarly, if you aren’t registered at all, this could negatively impact your credit score.

It is easy to register to vote. You can do it online by visiting gov.uk.

Could you be rewarded for your everyday spending?

Rewards credit cards include schemes that reward you simply for using your credit card. When you spend money on a rewards card you could earn loyalty points, in-store vouchers airmiles, and more. MyWalletHero makes it easy for you to find a card that matches your spending habits so you can get the most value from your rewards.

What else can I do to improve my score?

Thomas Allder, customer director at Vanquis, recently shared some simple tips for improving your credit score – with very little effort needed on your part.

Beyond registering for the electoral roll, here are his suggestions to boost your credit score:

  1. Correct errors in your credit report. Your credit score is based on the information held in your credit report. So if there is something that is not right in there, it is worth following up and trying to get it changed. You can check your credit report for free.
  2. Check for fraud. If you check your credit report regularly, then you can spot signs of fraud. Say you spotted that someone was applying for credit in your name, you could report this as fraud and protect your credit score.
  3. Use an eligibility checker. If you are looking to apply for a credit card, it is worth using an eligibility checker beforehand. This will perform a ‘soft search’ that does not impact your credit score. If you have an application for credit rejected, this can negatively impact your credit score. So it is worth just checking before making your application.
  4. Get a credit-builder card. If you are new to credit or have a less than squeaky clean credit score, a credit-builder card such as Vanquis can help. They have low spending limits, so you are less likely to get into trouble. And if you make your repayments on time, you can steadily improve your credit score.

Why do credit scores matter?

Your credit report and your credit score are what lenders check when deciding whether or not to lend you money. Having a ‘good’ credit score often means you can access better deals or achieve better rates of interest.

If you are planning to apply for a mortgage at any point, having a ‘good’ credit score is essential. The main takeaway is that improving your credit score can significantly help your personal financial situation. 

Applying for a credit card? Here’s what you need to know.

Preparation is key when applying for credit, but it’s not just about finding the right card for you. Did you know that there are several things you can do before you apply, to increase your chances of getting accepted for a credit card?

To help you on your path to a successful application, we’ve created this free report, “5 Things To Know Before You Apply For A Credit Card”.

Just enter your email below for instant access to your free copy.

By checking this box and submitting your email address, you agree to MyWalletHero sending you emails with money tips, along with details of products and services that we think might interest you. You can unsubscribe from future emails at any time. You also consent to us processing your personal data in line with our privacy policy, and our cookie statement. For more information, including how we collect, store, and handle personal data, please read our Privacy Statement and Terms & Conditions.


Some offers on MyWalletHero are from our partners — it’s how we make money and keep this site going. But does that impact our ratings? Nope. Our commitment is to you. If a product isn’t any good, our rating will reflect that, or we won’t list it at all. Also, while we aim to feature the best products available, we do not review every product on the market. Learn more here. The statements above are The Motley Fool’s alone and have not been provided or endorsed by bank advertisers. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK has recommended Barclays, Hargreaves Lansdown, HSBC Holdings, Lloyds Banking Group, Mastercard, and Tesco.