A credit score reflects your ability to pay off the debt on time. So, your score is impacted when you charge something to your credit card or avail yourself of a new loan with the linked bank account. Today, digital banking payments and system innovations allow you to use apps that help you build credit and improve your score. We’ve compiled a list of our top picks available for download on Android and iOS platforms. Credit building is indeed a straightforward process. And with innovative apps available for download, everyone can access these services today. So how do these apps work? Here are how they work: Some apps help monitor When you use a credit card to make payments and consolidate the bills at the end of the cycle, a report is sent to the primary credit bureaus, including Experian, Equifax, and TransUnion. Credit monitoring apps can track all these transactions and build on the information to improve our score. Some apps offer loans Banks and financial institutions also offer small loans where you periodically make payments over a fixed tenure. The bureaus track these payments, and meeting deadlines improves your creditworthiness, thus reflecting your final ability to pay back debt.