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Help with credit rating
TheMiner
Posts: 619 Forumite
I'm annoyed... :mad: (see!!) I changed my bank account last year and two advances I had on my current mortgage for some reason are showing as missed payments - it looks like the direct debit didn't go through on the first month, but it has shown a missed payment for EVERY MONTH since - not once did the Nationwide inform me. I have payed the arrears (a grand total of £27!!)
Now I have a bad credit score (376) and an accepted offer on a house I am about to apply for a mortgage on (£105k, 80% LTV - we earn £40k between us - 63% of that from me) - luckily my partner has v good credit score - just wondering if I'm going to get a mortgage, or if there's anything else I can do to improve that rating (I'm on the roll, we pay off the credit card every month, overdraft is paid off when I get paid)
Be grateful for any input please
Now I have a bad credit score (376) and an accepted offer on a house I am about to apply for a mortgage on (£105k, 80% LTV - we earn £40k between us - 63% of that from me) - luckily my partner has v good credit score - just wondering if I'm going to get a mortgage, or if there's anything else I can do to improve that rating (I'm on the roll, we pay off the credit card every month, overdraft is paid off when I get paid)
Be grateful for any input please
£5k+ since Jul 2008.
0
Comments
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Ignore please - I've just sorted it. Nwide have admitted they should have told me and will rectify the problem with Experian (nice 45 minute phone call) - so it is possible to argue your case.
Next question - anyone have any idea how long it will take to show. They said within 48 hours...£5k+ since Jul 2008.0 -
48 hours is pretty quick, sign up with credit expert and keep an eye on it.
well done by the way.Happily an ex mortgage broker!0 -
I have - and cheers. Guess it's best to wait on the mortgage until it changes (bit worried about a gazumping - I REALLY like the house)£5k+ since Jul 2008.0
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