You need a good credit rating if you want the best deals on UK loans, mortgages, credit cards and other credit, especially when interest rates are shooting up. Luckily, making an improvement needn't be rocket science - you can make a difference in just a week if you follow these simple tips.

Those looking to get a competitively-priced loan in the wake of the global ‘credit crunch’ should obtain a copy of their financial history, an industry expert has advised.

Lenders use your credit report when deciding whether to make you an offer and what interest to charge you on that offer. Checking your credit report could save you money when applying for a loan, mortgage or credit card. It is important to manage what’s on your credit report, making sure information it contains is up to date and accurately reflects...