While a Credit Score is calculated using an algorithm and considers multiple credit profile aspects, certain behaviors can help improve your Credit Score such as:
- Making payments on or before the due date.
- Avoiding bouncing cheques.
- Reducing the number of credit cards and loans.
- Reducing outstanding balances and credit card limits utilization.
These are the main factors that contribute to better credit behavior and positively impact your 3-digit credit score.
The final credit score is calculated using a credit score algorithm. This same algorithm uses many important variables which are modeled using international best practice methodologies, as well as UAE market trends, patterns, and regulations.