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Is this a way to improve credit history?
Comments
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Why not use a credit card where you can make purchases and repay it incurring zero interest??
A Mobile phone contract perhaps?
Have you thought about how much short term loans cost??0 -
Why not use a credit card where you can make purchases and repay it incurring zero interest??
A Mobile phone contract perhaps?
Have you thought about how much short term loans cost??
I am already doing that - I have Vanquis bank VISA card - paying off fully every month. Tried getting Capital ONE - refused. Also I have three prepaid Master cards with credit builder active.
Mobile contract is present as well - sim only, won`t give me phone.
Yes I know, but I`m ready to spend some money just for sake of better credit history. I`m willing to take mortgage, so in years time I need to improve my credit history.0 -
bump bump bump0
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bump bump bump?? if Vanquis say no then have you tried Aqua or Sygma?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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bump bump bump?? if Vanquis say no then have you tried Aqua or Sygma?
"I have Vanquis bank VISA card - paying off fully every month"
If I take small few hundred loan on short term and pay it back on time, will they put that on my credit file? Or reporting to credit agencies applies just on long term loans?0 -
what does your credit record actually say?0
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From previous threads, they don't show unless you don't pay!!
Sorry - meant to say, try those two as well, and just do the little purchase then pay it off plan to show willing!Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
what does your credit record actually say?
Default for 1832£ on 25/05/2003, settled on 03/02/2005. Still showing on my credit history in Equifax. Barclaycard.
Default for 145£ on 04/03/2003, settled on 24/09/2005. Still showing on my credit history in Equifax. Three mobile.
Default for 24£ on 31/05/2007, settled on 07/02/2008. Virgin Media.0 -
just stick to using the CC each month, pay in full and don't default on anything
your credit rating will then improve
getting a loan won't help
you may want to contact the credit agency to ask them to delete the default over 6 years old.0 -
Default for 1832£ on 25/05/2003, settled on 03/02/2005. Still showing on my credit history in Equifax. Barclaycard.
Default for 145£ on 04/03/2003, settled on 24/09/2005. Still showing on my credit history in Equifax. Three mobile.
Default for 24£ on 31/05/2007, settled on 07/02/2008. Virgin Media.
I was under the impression the defaults (2003) will be removed in 6 years and just show an o/s blalance with the creditor until that hit 6 years? Is this not the case?0
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