Default Gone - Credit Report

Peppa_Pig_5

Hi I am new to this site but just wanted to share my exciting news with you today.

I have just found out that the default that has been showing on my credit report for the last 6 years has finally disappeared. It has been so hard over the last few years getting credit at good rates. Now all I want to do is be able to get a 0% credit card and pay off my debt as fast as I can.

With the default gone, now maybe there is hope.

I have worked hard at getting the monthly outgoings down, and have worked out I can throw £650 at the debt each month. So with 0% credit card would clear even quicker.

Anyway wish me luck, can't wait to have no debt at all...

blacksta

all the best. Please try not to make same mistake again.

kathfisch

That's great news! Keep us updated with your progress, I wish you luck!

citygal

That's brilliant :j Well done! Hope 2006 is the year for better times ahead

Peppa_Pig_5

Thanks so far for the good luck messages. Blacksta, I promise I will not go back to that again. The credit report is looking much better and I want to keep it looking that way. I hope 2006 is a great year too citygal, and kathfisch I will definitely keep you all updated. I should be selling things on ebay, but too busy lately looking on this site. It is too addictive.

southernscouser

Well done PP. :j

Have you cut back on everything you can. Feel free to post a SOA on here to see if we can advise anything you've missed. Have a look at this thread for a template if your interested.

Sounds like your doing brilliantly though.

SS

bettyr

Super pp. :j :j :j


The fact that the default has gone is encouragement enough for you, isn't it? :j

Old_iron_balls

great stuff.
Ive got one on my file for another 3 years arrggghhhhhh

Peppa_Pig_5

Hi all

Just to keep you updated on my situation. Since the default has gone on my credit report I have just been accepted for a 0% credit card with Mint. Now instead of my debt costing £1500 in interest, it should be about £27 going from the figures on https://www.whatsthecost.co.uk

It feels so great to know that the payments I will now be making every month will be going to pay the debt off and not the £19.95% APR anymore. Not sure what the credit limit will be. But hopefully it will be enough to cover most of the debt I have.

I hope this brings hope to anyone else that has had or still has a default on their credit report.