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Worried about my credit rating
losethedebtlou
Posts: 85 Forumite
in IVA & DRO
I have an IVA that is due to finish in Nov 2011. How long will this stay on my credit file for and can it cause problems when I want to get a mortgage? ( I havent got one yet)
Also I have had a default on a credit card payment and also made a late loan payment this year aswell, how long do these stay on my file? I havent looked after my credit rating and I am worried that it is beyond repair. Also I have checked my experian credit report and the IVA, my natwest loan and my car finance are not on there. Should they be? If so , why are they not on there? Is it possible to repair it after the IVA has finished? There doesnt seem any point whilst the IVA is ongoing. Any advice would be greatly appreciated.
Also I have had a default on a credit card payment and also made a late loan payment this year aswell, how long do these stay on my file? I havent looked after my credit rating and I am worried that it is beyond repair. Also I have checked my experian credit report and the IVA, my natwest loan and my car finance are not on there. Should they be? If so , why are they not on there? Is it possible to repair it after the IVA has finished? There doesnt seem any point whilst the IVA is ongoing. Any advice would be greatly appreciated.
Loan - [STRIKE]10000[/STRIKE] 5686 Debt start : £18750
Cahoot Overdraft- [STRIKE]1000[/STRIKE] 970 Debt now : £9365
Credit Card [STRIKE]9000[/STRIKE] 2709
Top Shop Storecard - [STRIKE]150[/STRIKE] 0
Alliance and Leiceste Overdraft - [STRIKE]100[/STRIKE] 0:D
Cahoot Overdraft- [STRIKE]1000[/STRIKE] 970 Debt now : £9365
Credit Card [STRIKE]9000[/STRIKE] 2709
Top Shop Storecard - [STRIKE]150[/STRIKE] 0
Alliance and Leiceste Overdraft - [STRIKE]100[/STRIKE] 0:D
0
Comments
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I believe it stays on your Credit File until 6 years after it commenced and there are Stickys regarding how to help repair your credit.
I have to ask though, the Loan and CC? Did you obtain them after you got the IVA or did you not include them in the IVA?2013 wins: Persil Bunny0
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