How can i ressurrect my creditworth for a mortgage?

positiveangel

thanks Ugelmir yes we later we were under the impression that payday loan was considered a loan agreement until a IFA told us otherwise and how we had to recover from it for 12+ months. We were just so ill educated with our finances but now hopefully we're on the right tract. Cancelled our monthly subscription to Equifax and Experian.

Vodafone

Kittycat1981 wrote: »

...

Our credit file- 2 late payments from 2011 - same account (dispute with vodaphone) ....

Hi Kittycat1981,

If you believe that the late payments have been recorded incorrectly, email me with your details using the link in our profile here.

Just copy and paste the link into your web browser, and it'll take you to the Contact us form on our website. To access the form you'll need to enter the code WRT135.

As well as stating your query in the question box, please also quote "MSE Forum".

Once sent, you'll receive an automated reply with a reference number. Post it on here and I’ll check I've received it.

Kind regards,

Lee

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Vodafone UK

positiveangel

Just an update....

I've just received a reply from the Lender which I have defaulted account with; They have agreed as a gesture of goodwill to remove the adverse history on my credit file. I'm so happy and now will await on my partner's letter to his lender.

Letter sent 18 May - agreed letter dated 01 June received today 04 June 15.

Barpeeler

positiveangel wrote: »

Just an update....

I've just received a reply from the Lender which I have defaulted account with; They have agreed as a gesture of goodwill to remove the adverse history on my credit file. I'm so happy and now will await on my partner's letter to his lender.

Letter sent 18 May - agreed letter dated 01 June received today 04 June 15.

Can they do that?? If so I think I will give it a go myself!

ViolaLass

Why are you waiting until payday to pay your cards off in full when you have £40k in savings?

Pixie5740

I think you need to continue your financial education. Borrowing money be it a loan or a pay day loan when you have savings isn't a good idea unless the loan rate is lower than the interest rate on your savings, which rarely is the case.

Keep a credit card each. Spend on them and pay the balance in full and on time every month. Write to the remaining card companies and close the cards down.

Don't waste money on credit scores from the credit reference agencies. They don't lend money and there's no such thing as a universal credit score.

positiveangel

We've paid our credit cards and now have £0 balance. When I posted this it was 2 days before my payday.