The difference between FHI and your credit scores is that it is based on how healthy your bank account is as opposed to your payments on credit products.

The Financial Health Index (FHI) is a score (from 1-9) that is calculated from your linked current account transaction history. It looks at things like consistent income and how you spend your money. Lenders are beginning to look at this more because it doesn’t rely on you having a history of credit in order to determine your ability to pay back a loan, credit card or mortgage.