We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

How Far Back Do Credit Companies Go When Rating You?

Options
ladyjill
ladyjill Posts: 12 Forumite
I have had good credit for the past three years, been fully employed and paid everything on time.
But before that I was chronically ill for two years and had to remortgage to pay off my debts in full, which I did in in May 2004.
I now need to take out a loan for £3000.
How will I be classed in terms of the loan?
I do not want to apply and be turned down.
I would be very grateful for any advice.
Ladyjill

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    it depends upon what's on your file: a few late payments probably don't count after a year but an unsatisfied default or CCJ will count for six years.

    in any event a couple of credit applications wouldn't adversely affect your credit rating. it doesn't show whether you are successful or not but only that you have applied.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.