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When can I get credit again

edited 30 November -1 at 1:00AM in Debt-Free Wannabe
2 replies 717 views
LindyLouLindyLou Forumite
3 Posts
edited 30 November -1 at 1:00AM in Debt-Free Wannabe
I have recently paid off my debts due to an inheritance and am now completely debt free.

I want to remortgage the house and get an extension or even a loan to do it.

I just want to know when I can start to get credit again.

Before I paid them off I missed payments and got into arrears with all of them. I received lots of default notices beforehand.

How will my credit be affected by the default notices and when will I have a good credit score again?

Thanks :beer:


  • McKneffMcKneff Forumite
    38.5K Posts
    Part of the Furniture 10,000 Posts
    You need to check your credit report,
    If there are defaults on there, they will be their for 6 years.
    It will be very difficult for yu to remortgage but not impossible.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • eyeopener2eyeopener2 Forumite
    1.8K Posts
    Part of the Furniture Combo Breaker Debt-free and Proud!
    Unless you actually have to re-mortgage why not just settle into a debt free lifestyle for a while. See how your budgeting goes, save some pennies.

    If you jump back into the lions den you may find yourself struggling again. Enjoy being debt free.
    I'm Debt Free :j 2/09/2013
    Debt at LBM 30/04/2010 £24,109.38,
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