Help with Rebuilding credit file/Rating

Scotty84_2

Hi all,

Just after some advise on re-building my credit file/Rating.
Just some quick background:
When I was 18 (13years ago) I had a credit card with my current account, I maxed this out and then got a loan to pay this of (with bank) and enough left to buy a car (2500 pound).
I then lost my job and couldnt meet the repayments. I continued to ignore the letters etc as I spiraled into depression and became homeless for a while. I was then even more silly and also got a credit card (500 limit) and failed to keep up with payments.
Anyway a few years later I had sorted myself out and began to pay back what I could (to a debt collection agency at this point). Then settled it at a reduced cost...... But never heard from the company for the 500 credit card and still nothing to this day, I have forgotten which company it was all I remember is it was a bad credit one.

So 8 years have passed and I have a good decent job 21k year, been working for past 8 years with no gaps. Good stable home , married , kids etc.

Due to past history I only managed to open a Halifax easycash account 9/10 years ago and never really thought about upgrading to a current account till last week.

I was declined for a basic current account due to my credit scoring.

So I have checked my credit files like they advised.

So far ive only had the 1 back from equifax, just awaiting files from the other 2.

It rates me as very poor
It shows no prev finance/Loans etc
No defaults/ccj's (never had ccj)
Im on electoral role
No credit agreements
No info in court etc (never been lol)

Im sure the others will match this as I havent applied for credit for over 10 years. Only searches that show is from car insurance quotes etc.

How can I start to re-build my credit file?

I got rejected by Vanquis, luma and capital one credit cards, as my friend had said about getting a card to pay for fuel and pay the balance of each month to help build up my rating.

But I cant even get a card designed for bad credit .

They always say the past will always haunt you.

Thanks in advance

Tixy

Based on the info posted you would expect to be able to get a subprime credit card.
How many recent applications have you made (in the last say 3 months)? If you have made a lot then these will in turn can be another reason for a decline.

If when you get back the other 2 files there is nothing unexpected and if you haven't made a lot of recent applications then other options are a sim only rolling phone contract or as a last option a secured credit card or the creditbuilder prepaid card see the last resort option on this link http://www.moneysavingexpert.com/credit-cards/bad-credit-credit-cards#what