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I'm paying back the debt... but how do I repair the damage??
Muffin86
Posts: 275 Forumite
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
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
LBM AUG 2009 - Debts £20,000+ :eek: Debts now 13,582.06
:j Seven Debts Paid Off :j
Snowballing to pay debts - Muffin V's Catalogue [STRIKE]£1700[/STRIKE] £1480.00
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Comments
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Keep making the minimum payments, stay on the electoral roll.0
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Take a look at this link on Martin's main page: http://www.moneysavingexpert.com/loans/credit-rating-credit-score0
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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!! xxxxLBM AUG 2009 - Debts £20,000+ :eek: Debts now 13,582.06:j Seven Debts Paid Off :jSnowballing to pay debts - Muffin V's Catalogue [STRIKE]£1700[/STRIKE] £1480.000 -
Are you on the electoral roll. This will help with your credit score...I want a job that is less than an hour driving away from my house! Are you listening universe?
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