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credit rating/mortgage
Little_Otter
Posts: 562 Forumite
Hi, can you help me please?
I am 22 years old, I have no out goings(except board, dental fees, car insurance), no credit cards, I have 2 part time jobs, 1 I have had for a yr and a half, 1 I have been at just over 8 weeks I am looking at getting a mortgage this year, I will have a little money saved, and a little money from my Grandad who recently died - (bringing this to about 10k) with some I put towrds this
do I stand a chance? how do I improve my credit?
I am looking for a v cheap house, buy to let type
Any help appreciated, sorry if ive missed out any info
Thanks
LO x
I am 22 years old, I have no out goings(except board, dental fees, car insurance), no credit cards, I have 2 part time jobs, 1 I have had for a yr and a half, 1 I have been at just over 8 weeks I am looking at getting a mortgage this year, I will have a little money saved, and a little money from my Grandad who recently died - (bringing this to about 10k) with some I put towrds this
do I stand a chance? how do I improve my credit?
I am looking for a v cheap house, buy to let type
Any help appreciated, sorry if ive missed out any info
Thanks
LO x
Trainee Wakeboarder, Fashion and celebrity devotee!
0
Comments
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If you have no credit cards or loans then (perhaps strangely to you) your credit rating will be average at best as the less experience of borrowing you have, the less evidence there is that you will pay it back. You need to read the thread on how to improve your credit rating which will explain exactly how it all works.0
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