Help!! Credit rating questions

056775

Hello

I am new to this site and looking for some sound advise after receiving mixed information.

Question one:

I have a CCJ recorded against me for £1128 on 17.04.2014 and was paid in full on 2.2.2015 (is still showing on my credit file).

When will this come off (court only received conformation of settled payment on 26th March) and will it improve my score now that the debt is settled?



Question two:

In addition to the above I also have two red marks on Equifax "Credit agreements"

Default registered 2013 April for £914 and settled in April 2015

Default registered 2012 August for £59 and settled June 2014.


Are the defaults affecting my credit score a huge amount or is it mainly the fact the CCJ is over £1000 and still showing as out standing?

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Actual question - Now that all have been settled - when I am likely to get any 'normal' type of high street lending (not specialist companies or a mortgage at this point)

Many thanks in advance for all advise

fermi

Both are going to have a detrimental effect on your file, as they are relatively recent.

The CCJ will stay on your report until 2020, 6 years from the judgement date.

I think you will struggle with 'normal' lending while they are showing.

056775

Thank you for that - so do you think that until 2020 I wouldn't be able to get any credit for car finance, credit cards etc?

How many points do you think it will make once the CCJ payment is registered?

Many thanks

Kelly

fermi

The impact will be less as time goes on, but I think you will struggle while they are still visible.

How much is always hard to say.

A change in credit score points is neither here nor there, as lenders use their own criteria to score, not the CRA ones. Lenders will see a settled CCJ as slightly better, but most will still see the fact of the CCJ as a red flag regardless.