CredAbility Launches First-of-Its-Kind Credit Score Builder to Help Millions Boost Their Scores with Personalised Data-Driven Insights

Lending
21.08.2025 03:45 pm

CredAbility, one of the UK’s fastest-growing financial wellbeing platforms, has launched a first-of-its-kind credit score builder that gives people complete visibility over how to improve their credit score. The new feature offers step-by-step actions, showing how many points each move could be worth and when results could start to show.

The launch comes as new research from CredAbility reveals the scale of confusion around credit scores:

16.6 million Brits (32%) have never checked their credit score
12.1 million (22%) have been turned down for credit in the past
6.6 million didn’t understand why they were rejected
49% of UK adults don’t use a credit tracking tool
56% would use a free service that shows personalised steps to improve their score

The tool is already helping thousands of users take control of their credit profile and has the potential to boost credit scores by more than 500 points, depending on an individual’s circumstances. Its combination of behavioural insights, real Equifax credit data, and a plain-English user experience makes it unique in the UK market.

Nik Charalampous, CEO of CredAbility, comments:
“People have been told their credit score for years, but they are rarely shown what to do about it. We wanted to fix that. This tool gives users a personalised route to a better credit score by showing the specific steps they can take, the likely reward, and how long each change may take to register. It is the most transparent score improvement tool available in the UK right now.
“Whether someone is just starting their credit journey or looking to access cheaper financial products, this gives them clarity and control. They can see the progress they are making and the impact of their decisions.”

Why credit score clarity matters more than ever

With higher interest rates, stricter lending criteria, and more consumers seeking affordable credit, understanding how to improve a credit score has never been more valuable. Yet many people remain unclear on what helps or harms their score.

CredAbility’s new tool addresses this knowledge gap, combining credit report data with behavioural insights. Instead of generic tips, each customer sees only the “score builders” that are relevant to their own credit profile. These are based on factors such as credit usage, repayment history, account types, and credit history length.

Every recommendation is presented with the average amount of points they're able to achieve at different milestones. For example:

Registering to vote could add up to 60 points
Maintaining active credit cards with low balances could add up to 95 points
Making on-time payments each month may add up to 95 points
Avoiding multiple hard credit searches could boost a score by up to 125 points
Building a mortgage history could deliver up to 140 points over time

The tool also helps users avoid common mistakes that could damage their score, such as withdrawing cash on a credit card or applying for too many credit products at once. Users are supported with alerts, reminders, and progress tracking to help them stay on course.

Free, accessible, and backed by real data

The credit score builder is completely free and sits within the CredAbility app, which already supports three million people across the UK. The app provides weekly credit report updates, personalised guidance, and product matches designed to save people money.

Nik adds:
“Credit scores matter. They affect whether you get a mortgage, a credit card, or a mobile phone contract. For too long, people have been left guessing what really makes a difference. This new tool removes the confusion and makes credit improvement a clear and empowering experience.”