As long as you repay in full and on time, your credit score will not be damaged. People often seek short-term loans for bad credit to improve their credit score. The change doesn’t happen overnight. You have to keep your patience and spirits high during the repayment period. The score will gradually improve.
Maintaining a good credit score is extremely necessary as our credit report reflects our financial behaviour. It shows how good we are with our personal finances. Avoid overlooking repayments because that will only downgrade your credit score.
There are other ways as well to improve your score. Pay all your bills on time and be regular with the repayments. Every financial activity gets recorded and that is how different Credit Reference Agencies calculate your credit score. Depending on the model of score calculation, it may vary from one agency to another.