My credit score is so bad i'm struggling to pay with cash! help!

JayHUK · 16 October 2017 at 3:48PM

Hi all, new here to the forums so im 29 years old, i've had a bit of a s*** past with credit being young and being thrown credit cards left right and centre.. yep i done myself

My current credit rating: 142

Now, i have managed to get a app on my phone which has my credit scoring, however i have no idea how to increase it i can't get any of the following

- Builder credit card
- credit card
- loans
- mobile contract

etc etc, i don't even have a current account, i tried to make one with nationwide a few days ago, i got a letter to say yep come in the store with your ID, but that was followed by a sorry we cannot open this account unfortunately

So i'm at a bit of a loose end, unsure how i can increase my credit rating when no one is giving me the chance too, i have a well paid job also and my finances are now in check

How do i get this up?! any suggestions guys and girls?

heres some clearscore screenshots:

http:// i.imgur.com/v695fbg.jpg
http:// i.imgur.com/YWdB14z.jpg
http:// i.imgur.com/MzFGeph.jpg

[Deleted User] · 16 October 2017 at 3:58PM

Many on here will tell you to ignore the score as it's meaning less - and that's correct.

For a start you need to be on the Electoral Roll to increase your chances of getting offered/accepted for credit.

So you currently have no credit accounts - no contract phones, broadband etc?

DCFC79 · 16 October 2017 at 4:00PM

JayHUK wrote: »

Hi all, new here to the forums so im 29 years old, i've had a bit of a s*** past with credit being young and being thrown credit cards left right and centre.. yep i done myself

My current credit rating: 142

Now, i have managed to get a app on my phone which has my credit scoring, however i have no idea how to increase it i can't get any of the following

- Builder credit card
- credit card
- loans
- mobile contract

etc etc, i don't even have a current account, i tried to make one with nationwide a few days ago, i got a letter to say yep come in the store with your ID, but that was followed by a sorry we cannot open this account unfortunately

So i'm at a bit of a loose end, unsure how i can increase my credit rating when no one is giving me the chance too, i have a well paid job also and my finances are now in check

How do i get this up?! any suggestions guys and girls?

heres some clearscore screenshots:

http:// i.imgur.com/v695fbg.jpg
http:// i.imgur.com/YWdB14z.jpg
http:// i.imgur.com/MzFGeph.jpg

Can i ask a question, why the fuss over a number only you see ?

As you may have gathered your score is of no use to anyone, only you can see it, lenders use your credit history to determine if to lend to you.

What exactly is on your credit history ?

You say you work so where do you get your wages paid into ?

What other banks have you tried ? When you apply dont ask for an overdraft.

[Deleted User] · 16 October 2017 at 4:02PM

Have a look at all three of your files.

What exactly appears on them?

Candyapple · 16 October 2017 at 4:08PM

The free versions to check your credit files are below:
Experian: https://www.moneysavingexpert.com/creditclub
Equifax: https://www.clearscore.com
Call Credit: https://www.noddle.co.uk

JayHUK wrote: »

i don't even have a current account, i tried to make one with nationwide a few days ago, i got a letter to say yep come in the store with your ID, but that was followed by a sorry we cannot open this account unfortunately.

Sounds like you may have a CIFAS marker against you. Before you apply for anything further, pay the £10 for the subject access request from CIFAS and wait until you hear back from them.

https://www.cifas.org.uk/contact-us/subject-access-request

My credit score is so bad i'm struggling to pay with cash! help!

Comments

Categories

Get our FREE Weekly email full of deals & guides - and it’s spam-free