Nearly there

r055c

about 5 years ago I started getting into money problems and started having bank charges/credit card charges etc... thankfully i never got into such a position where i had ccj's registered against me but i do have 2 defaults against me :-(

Now for the past 2 (possibly 3) years, i have not been over drawn/ had anything returned/any naughty penalties added to my account, and have recently seen my credit score gone up from 127 (very i know) to 499 (not good but alot a better).

My question after all of this, is how long does it take to add 200 points (for example) onto a credit rating?

I have a credit card and pay this off in full on time everymonth
I don't take anything out on credit (not that i can get credit anyway)

thanks

NorthernLas

Sorry, I have no idea how long it takes to add 200. As long as you are paying the card off every month it should help.

Have a read of Martins' article on cards and how to improve your score. http://www.moneysavingexpert.com/cards/bad-credit-credit-cards

Thrifty_Pixie

From what I've heard you shouldn't put too much store in your 'score' anyway as everyone scores you differently. I would concentrate on just carrying on as you are (well done by the way) and not focussing on an arbitrary score so much. The most important thing is to make sure that your credit files are all correct and up-to-date.

r055c

Thanks Thrifty Pixie.

I'm just concerned about my score because the credit card i have has a very APR and although i pay this off every month i would still like one with a low APR just in case and i guessed my score would help me on this

DVardysShadow

Are you on the electoral roll? It makes a difference

lewisa

With 1 credit card paid in full each month, 1 contract mobile phone, and a current account that was never overdrawn, my score went from 726 to 931 in a period 15 months, it then plateaud for about 5 months at 931 until I got a mortgage, after which it went straight to 999.