How long does it take to change your credit score?
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Financial Health 
Personal Finance 
Team MONEYME|25 February 2025| 2-minute read
Your credit score is not static. It changes according to how you act when you borrow money – both positively and negatively.
For example, if you have a low score, but start repaying all your debts on time, your score will usually increase.
Conversely, if you have a high score, but start missing repayment deadlines, your score will usually decrease.
The question is: how long does it take? Here, we delve into how often your credit score changes – and what you can do to boost it.
How often does your credit score update?
As a rule, your credit score updates once per month.
To keep up, it could be a good idea to pop a note in your calendar on the same day each month, reminding you to check your score.
When will your score change?
Your credit score only changes when your credit report changes. It’s an online document where all your credit-related conduct is recorded.
So, if you want your score to increase, it’s important to take steps to boost it.
One sure-fire way to help your score is meeting your payment deadlines on time, all the time. Late repayments (those 14+ days late) stay on your credit history for two years, while defaults (repayments worth $150+ and more than 60 days late) remain for five years.
Whether you’re repaying debts or paying bills, such as utilities or a mobile phone plan, add deadlines to your diary – and don’t miss them.
Another positive step is getting a credit card and using it responsibly. Or, if you have an existing card, pay down your debt, to increase your credit utilisation ratio (the gap between your credit limit and the amount of credit you’re using).
In addition, avoid making too many credit applications, and, if you hit financial trouble, contact your lender immediately.
For more information on boosting your credit score, visit this page.
How to keep an eye on your credit score
A convenient way to check your score regularly is with MONEYME’s app, which you can download here. It lets you check your score whenever you like, as often as you like, for free – and without causing your score to decrease.
Plus, the app comes with other handy features, such as a summary of your credit-related history, as well as an analysis of the factors that affect your score – and how deeply.
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