Defaulted on F & F Settlements as a victim in accident

silburbas

Thank you all for your comments, I just feel I was not explained better at the time but I can see why I am defaulted and seems like I have to live with that even still feel unjustified.

I will add a notice on the credit reports just for the sake of letting people know.

I feel hard done by and it now destroyed our ambitions to move, and somehow putting our surplus funds to poor savings interest until it enough to buy something as opposed to borrowing with what I would had low interest with good score.

Just one more question, i been looking in improving credit scoring and talks about getting a credit card for poor credit etc or are these not worth it because I'm stuck with the default for 6 years so applying or mortgage loans etc is pointless.

Thanks again

glentoran99

silburbas wrote: »

Thank you all for your comments, I just feel I was not explained better at the time but I can see why I am defaulted and seems like I have to live with that even still feel unjustified.

I will add a notice on the credit reports just for the sake of letting people know.

I feel hard done by and it now destroyed our ambitions to move, and somehow putting our surplus funds to poor savings interest until it enough to buy something as opposed to borrowing with what I would had low interest with good score.

Just one more question, i been looking in improving credit scoring and talks about getting a credit card for poor credit etc or are these not worth it because I'm stuck with the default for 6 years so applying or mortgage loans etc is pointless.

Thanks again

Its definitely not pointless, there are always options, Ive 3 defaults on my file from 2012 and got a mainstream credit card a few months ago, have overdrafts and was approved for a zopa loan (which I didn't take)

silburbas

glentoran99 wrote: »

Its definitely not pointless, there are always options, Ive 3 defaults on my file from 2012 and got a mainstream credit card a few months ago, have overdrafts and was approved for a zopa loan (which I didn't take)

Ah I see. I guess the rule of thumb is to wait a while ie at least a year after last default date?

Do the eligibility credit card and loan calculators take this in account and what would be a good eligibility score before going ahead. At the moment I'm getting 40% on a mainstream credit card, but not going to apply.