I'm paying back the debt... but how do I repair the damage??

Muffin86

Hi everyone!

I am expecting my first baby in May and would really like to think that moving into a bigger house in the the next 2 years or so is an option, although I am so scared that this wont be able to happen?

So at the moment I am making all minimum payments and I am debt busting the best I can, making over payments where possible, I feel alot more organised in myself as I am member of the thrifty board, I have been keeping a diary of outgoings, I have 3 debts coming to an end in the summer which will be a great help BUT how do I repair the damage that I have already caused. I have in the past missed payments and fell in arrears etc so how can I possibly come back from this now? how long does it take to improve your credit rating? what can i be doing now to improve it?

Any help would be greatly appreciated around this XXX

fatbelly

Keep making the minimum payments, stay on the electoral roll.

[Deleted User]

Take a look at this link on Martin's main page: http://www.moneysavingexpert.com/loans/credit-rating-credit-score

Muffin86

Thanks for the replies, I guess I need to be patient and keep doing what im doing it took a few years to build up the debt so its gonna take a few years to get rid of it too!

Im going to follow the link posted by Domino9

Thanks!! xxxx

chevalier

Are you on the electoral roll. This will help with your credit score...