How much could I save with a better credit score?
Growing your credit score can save you £1000s on the interest you’ll pay to borrow money – things like credit cards, loans and mortgages. To give you an idea, here’s how much different increases could save you on average.
+10 points saves you | +25 points saves you | +50 points saves you | |
---|---|---|---|
On a £10,000 loan* | £219 | £546 | £1,088 |
On a £5,000 loan credit balance† | £450 | £1,000 | £1,750 |
*60-month term, starting APR 14.9%APR
† £100 monthly repayment, starting APR 19.95%APR