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Mortgages - what holds approval back on credit file?
Missdaisy_2
Posts: 3 Newbie
Hi All
This is my first post, be gentle!!
My husband and I are desperate to buy our first house. Im currently paying off three credit cards, totalling about 4K and a personal loan with a balance of about 6K
I pulled my credit reports this evening from Experian and Equifax to see if there was going to be any nasty surprises before we visit a broker in a few months (once Ive cleared a bit of the credit cards)
The only things I could find was one late payment on a card and two late payments on a settled account. Is this something that is likely to go against me? Im quite worried about it.
The other thing is I have quite a few settled accounts - will this go against me?
Im terrified of being rejected for a mortgage!!
Thanks all!
This is my first post, be gentle!!
My husband and I are desperate to buy our first house. Im currently paying off three credit cards, totalling about 4K and a personal loan with a balance of about 6K
I pulled my credit reports this evening from Experian and Equifax to see if there was going to be any nasty surprises before we visit a broker in a few months (once Ive cleared a bit of the credit cards)
The only things I could find was one late payment on a card and two late payments on a settled account. Is this something that is likely to go against me? Im quite worried about it.
The other thing is I have quite a few settled accounts - will this go against me?
Im terrified of being rejected for a mortgage!!
Thanks all!
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