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Ridiculous credit score following BR
woodformoretrees
Posts: 352 Forumite
Hi,
Just wondered if anyone had any experience of their Experian credit score following bankruptcy.
I joined up (2 and a half weeks AD) and my credit score is 920+ and good.
My BR is listed, together with debts that are showing as defaulted - which I will obviously set to doing in the next couple of months or so.
Is this score likely to go down once the creditors involved in my BR set my debts as listed in the bankruptcy, or is my score artificially buoyed up by ongoing phone contracts and mortgage payments?
It seems a farce.
Just wondered if anyone had any experience of their Experian credit score following bankruptcy.
I joined up (2 and a half weeks AD) and my credit score is 920+ and good.
My BR is listed, together with debts that are showing as defaulted - which I will obviously set to doing in the next couple of months or so.
Is this score likely to go down once the creditors involved in my BR set my debts as listed in the bankruptcy, or is my score artificially buoyed up by ongoing phone contracts and mortgage payments?
It seems a farce.
AD March 2014
rebuilding my life :grinheart
rebuilding my life :grinheart
0
Comments
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It doesn't really matter anyway. Your "score" is insignificant, you're the only person that sees it.
If you apply for credit, lenders won't see it, only your defaults / late payments etc.0 -
Brilliant, thank you.AD March 2014
rebuilding my life :grinheart0 -
Still rolling rolling rolling......
<
SIGNATURE - Not part of post0 -
And this is precisely why.
It's a money making exercise.Thinking critically since 1996....0 -
But they could at least make a pretence of having a credit score that accurately reflected my financial situation, you know, just for the hell of it.AD March 2014
rebuilding my life :grinheart0 -
woodformoretrees wrote: »But they could at least make a pretence of having a credit score that accurately reflected my financial situation, you know, just for the hell of it.
The sad thing is people out there I paying about £5.00 to get this useless score.0
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