Is my credit rating improving??

clarab_3

Hi all,

I had a horrible experience this week - my work changed all our phones and made me apply for a vodafone contract. Vodafone are normally difficult to get an account with so I sat a day in sick dread of being rejected and having to own up to work about my problems.

Lo and behold I was accepted!

Now, I was wondering, how long til the credit search for that drops off the searches on my file, because maybe, just maybe theres a chance of getting this DAMNED cahoot loan onto a fixed rate somewhere in the next 3-4 months if my rating is healing itself after 3 years of clean payments. (it was totally @rsed before!)

clarab_3

Anyone?

My concern is that there is nothing surer than interest rates are going up following the election and that cahoot loan is on a flexible rate. I dont hold out much hope of bettering it, but to fix it for the life of balance would be comforting.

DarkConvict

Well have you looked at your report?

Get a copy of the experian (aka creditexpert) and equifax reports, £2 each for postal orders.

Until you see it, no one will have a clue at what state it is in.

If you can limit it yo 1-2 searches per 3 months you should be fine in terms of applying.

By the way if work has made you get a vodafone contract have they paid you the contract amount in full already, i.e. you don't want to sign a 24 month contract and be told in 6 months they arent going to pay for it any more.

clarab_3

DarkConvict wrote: »

Well have you looked at your report?

Get a copy of the experian (aka creditexpert) and equifax reports, £2 each for postal orders.

Until you see it, no one will have a clue at what state it is in.

If you can limit it yo 1-2 searches per 3 months you should be fine in terms of applying.

By the way if work has made you get a vodafone contract have they paid you the contract amount in full already, i.e. you don't want to sign a 24 month contract and be told in 6 months they arent going to pay for it any more.

I'm afraid they havent but its a month to month SIM only contract so Im ok on that front.

I dont know why I didnt think of checking my report last night - the tightwad in me I guess!

DarkConvict

Either sign up for the free trials at experian/equifax or pay for the £2 reports. Not the equifax free trial is a !!!!!! to cancel so have a quick look, download a copy for reference and then get on with cancelling it well before the 30 days are up on the trial.

Also never buy a credit score they are meaningless.

DVardysShadow

clarab wrote: »

I'm afraid they havent but its a month to month SIM only contract so Im ok on that front.

I dont know why I didnt think of checking my report last night - the tightwad in me I guess!

Personally, I would not take on a contract for work. It is their problem.