How to interpret a credit report

MoneySpendingExpert2011

Thanks RFTA

rising_from_the_ashes wrote: »

[*]Cards - cash advances (usually people use these as the last resort to PDLs so they will trigger concern)

Do you know how long this will continue having an impact? Is it 12 months?

rising_from_the_ashes wrote: »

[*]OD - do you always live in it / close to the limit? If so, this will also be a warning to lenders that you're struggling on the money you have available

I have been living in it lately, taken steps to come out of it.

rising_from_the_ashes wrote: »

ETA: none of our business & you don't need to post the reasons, just for you to think about .... have you addressed the reasons why the debts built up in the first place? It took me 3 attempts to get DF - really as the 1st & 2nd attempts, I still had blinkers on and thought I could live the same way as before & everything would be OK - it was only when I finally sat down and worked out why I kept getting back into debt and addressed these issues, that I made progress. HTH

Have taken steps to address the issue, hopefully I have fully addressed it