📨 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!

Fair or not

I owed almost 26 thousand in two unsecured loans at the beginning of 2009 with my credit rating fair ,,which I thought fair enough. :DToday I owe just under 7 never missed a payment or added extra debt, and my credit rating is still only fair..... My question is :rotfl: do you think this is fair..:)

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Fair by whose standards? As long as over the whole of the last 6 years there has never ever been a late payment then you should have a good credit rating. If you want more credit then just apply for the good ones and don't worry about any rating that the credit reference agencies give you.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • More credit :eek: after what the last 6 years has done to me as a person never again... The banks can keep their money and we will keep ours :j
  • R_P_W
    R_P_W Posts: 1,526 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    So if you dont want/need more credit why are you bothered?
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
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.