Comments on: How to clean up your credit record

By: Trevor

Trevor — Tue, 22 Nov 2011 09:54:14 +0000

If you get rejeted for a card, then wait a few weeks before you apply for another. Multiple unsuccessful applications are another signal that credit agencies watch for.

By: Sean

Sean — Sat, 16 Jul 2011 18:05:49 +0000

Ridiculous, a messy credit history doesn’t ruin people’s living. Buying into the perception that credit history is important ruins people’s lives. The system is devised to catch people out and keep them chasing their tail. Only when you can break free from that perception of life can you come to understand the truth of it. You are all locked in a five sense reality, focused towards acquiring things and judging your success on your car and house. Break free and look within.

By: dj

dj — Mon, 21 Mar 2011 21:57:17 +0000

hi, I just tried for a loan in NATWEST though they said ur credit check not allowed the to do so , after inquiring at equifax i come to know that their is 4 payment arrears though I already paid my natwest credit card due bills and closed it in jan 2010 how come?

By: Lisa

Lisa — Tue, 08 Feb 2011 20:26:25 +0000

I have a Capital One card (current limit of £1800) at the extortionate rate mentioned above. I don’t have any CCJ’s but I did miss a couple of payments early last year. In July 2010 I finished paying off a 2 year loan from my bank I also missed a couple of payments around the same time as I was out of work. I really really need to change my credit card but I don’t know who to try to apply to. My income is ridiculous low (under £15,000 pa). Will I be able to apply and be accepted for a lower rate.

By: J Skysun

J Skysun — Thu, 30 Dec 2010 00:40:00 +0000

I recently submitted a NOC to some CRAs and only one has replied so far. It is true though, someone else’s mistakes can ruin your life and it can take years to put things right if this is ever possible again. It can effect all areas of your life or the ability to have a life at it’s worst!

By: Jasmine Birtles

Jasmine Birtles — Fri, 26 Feb 2010 14:02:40 +0000

Hi Jan. No it certainly doesn’t mean you’re beyond help. No one is! However, if you’re trying to sort yourself out financially I suggest you get in touch with the CCCS (www.cccs.co.uk) or your local Citizen’s Advice Bureau and get them to help you get yourself back in the black. If Vanquis has refused you then I think it is definitely time you got some good, clear, FREE, professional help and both of these organisations are good at that. Also, do go through our advice in the ‘Debt Issues’ section http://www.moneymagpie.com/borrowing-debt/ and join up to our Debt Emails http://www.moneymagpie.com/debtemails/. Do let us know how you get on

By: Jan de Brauw

Jan de Brauw — Tue, 23 Feb 2010 16:04:59 +0000

I have applied for the Vanquis Card as I am interested in sorting myself out financially (at last) and was rejected. Does this mean i am beyond help??

By: Jasmine Birtles

Jasmine Birtles — Tue, 23 Jun 2009 16:08:44 +0000

Sam, it generally takes about six months to get your credit rating back up to a decent level. A year is even better but after six months you should be able to get a good mortgage rate.

By: Sam

Sam — Tue, 23 Jun 2009 14:40:44 +0000

How long do I need to wait for my credit record to be clean,so that I can apply for a mortgage after having paid all the outstanding debts and still have a big deposit left.

By: s hobby

s hobby — Tue, 09 Jun 2009 16:14:31 +0000

i just got declined even though i got a mortgage 9 months ago my credit is fine. I have an equifax report and nothing shows up on their either.