Check my credit score > What does a score of 766 on ClearScore mean?

What does a score of 766 on ClearScore mean?

Wollit Team4 minutes read · Updated 24th April 2025

A score of 766 on ClearScore places you in the second-highest credit score band, called “Very Good.”

It’s important to remember that your ClearScore credit score comes from Equifax, the UK’s second-largest credit agency. Equifax is one of the three main credit reference agencies, along with Experian and TransUnion.

Each agency calculates credit scores differently, which is why your score may vary between Experian and ClearScore. This doesn’t mean one score is better than the other—different lenders use different agencies, so it’s wise to monitor all of them.

Credit agencies divide their scores into bands to help explain how lenders view you.

A “Very Good“ credit score is the second-highest rating you can receive from Equifax, shown on ClearScore if your score is between 671 and 810. Experian and TransUnion have similar bands, though they label this range as “Good.“ In fact, Experian and TransUnion don’t have a “Very Good“ band—they jump from “Good” straight to “Excellent.”

Is a 766 ClearScore rating good?

With ClearScore, a “Very Good” credit score tells lenders that you are a fairly responsible borrower.

To make it into this band you will need to have:

• A decent payment history with very few late payments or missed payments;
• Low credit card balances;
• No defaults, bankruptcies, or CCJs in the past 6 years.

Basically, if you’re in this credit score band, lenders view you as a lower-risk borrower.

Here is what you can expect:

• A high chance to be approved for the best financial products: best credit cards, loans, 95% LTV mortgages, and so on.
• Lower interest rates than what people with lower credit scores get. Over the time of your loans and mortgages this can add to quite a bit.
• Higher credit card limits – which, bonus, can also help you further improve your credit score. Credit card utilisation ratio is one of the factors that goes into the credit score calculation.
• You’ll be able to pass pretty much any credit check.
• Depending on the insurance company, you might also be asked to pay lower premiums for car, home, or life insurance.

However, you won’t qualify for the very best deals – and the difference can be quite big.

For example, a small jump of 0.5% in interest rate for an average £400,000 mortgage taken for 30 years can add up to almost £50,000 over the life of the mortgage. This is the real cost of not having “Excellent” credit.

How to improve a ClearScore score of 766?

If your Equifax credit score is 766, your main focus should be to close the gap and move into the “Excellent” credit score band as soon as possible.

Here are some of the things you can do:

• Always use an eligibility checker to see if you qualify for a loan, credit card, or mortgage. This will save your credit score from the impact of too many hard credit checks. Too many hard checks in a short amount of time can lower your credit score temporarily.
• Register to vote at your current address, and update your electoral registration when you change addresses. Because this helps lenders verify your identity, TransUnion will give you a small credit score bonus if you do it.
• Keep your credit card balances lower than 25% of your credit card limit. This is what credit agencies like TransUnion recommend.
• Set up direct debit if possible so you don’t miss any bill payments. Some bank apps, like Revolut, also alert you to upcoming
• And make sure you have credit agreements that you pay regularly and on time so you can continue building your credit history.

Luckily, there are now apps that can help you improve your credit score. One such app is Wollit.

Wollit improves your credit by reporting your monthly subscription as loan repayment to all three main credit reference agencies, including Equifax – which is where ClearScore gets its data from. This helps you repair your credit history, which is the main factor that matters for your credit score.

On top of this, Wollit can also add your monthly rent payments to your credit file. While you won’t see this in your ClearScore account (Wollit reports rent to Experian), it can still make a real difference. This is because it can show lenders that, despite any past mistakes, you do pay your bills on time.

Eventually, you should be able to move into the “Excellent” credit score band and save hundreds of thousands of pounds in interest.