Six years ago today . . .

[Deleted User]

Gingerprincess wrote: »

Mine dropped off my credit file a month ago, my credit scores increased overnight to excellent and I've just got a credit card with Virgin with a limit of 4k

Next step will be to upgrade my bank account

Why do you want a credit card after going through BR?

tigerfeet2006

Deleted_User wrote: »

Why do you want a credit card after going through BR?

To help with credit worthiness. Mortgage lenders etc. look to see that you can afford what you commit to and pay it off.

As a former BR's we use the card and then pay it off in full when the bill comes so there is no debts hanging about.

JamesFenway

Kudos! Good to hear that.

scp941

My 6 years was up 7 months ago and what a difference it has made. My Experian credit score jumped by 211 points once the BR wasn't showing on my credit report and it's now it not too far off the maximum.

I'm now in a position to leave "Generation Rent" for good after getting a good deal on a fixed rate mortgage.

Cee

Just after my bankruptcy in April 2014 I went straight to Barclays ( i had a CC in the bankrupcty so was holding my breath) they were fine, i had a normal account given with card and telephone banking, also given online banking which i was told i may or may not be approved for but i was accepted with no quibble! i enjoyed that part the best as i could control my direct debits far easier.

Just took a look at my Experian report for the first time as i'm in need of a new washing machine and was looking at my options. If i can afford to pay cash i will do, that's my motto from now on at least until 6 years is up.

It's great to see everything better after the 6 years, alas by that time i will be too old to buy a house again and with old age and illness approaching i'd be a fool to even go there again. Great Shame as in my opinion all my problems began with the Halifax and I'd never touch them with a barge pole again >.<

missyp123

Hi wolfers I remember you from back then! Many congrats to you!:beer:

Our br falls off on Friday however it is not showing on our clear score reports as of yesterday :T

Good luck and congrats again the feeling is amazing:D:D

missyp123

scp941 wrote: »

My 6 years was up 7 months ago and what a difference it has made. My Experian credit score jumped by 211 points once the BR wasn't showing on my credit report and it's now it not too far off the maximum.

I'm now in a position to leave "Generation Rent" for good after getting a good deal on a fixed rate mortgage.

Scp941 we are planning on trying with a broker next year...can I ask if you had a repo included in you br pls? For us this is our main concern when trying to obtain a mtg offer

SalemD

I still have two years to go. Patiently waiting.

elliesmemory1

Well, my six years was up a few days ago. I've checked noodle and even though br not showing anymore my score has not gone up much.why would that be?

stuart30

elliesmemory1 wrote: »

Well, my six years was up a few days ago. I've checked noodle and even though br not showing anymore my score has not gone up much.why would that be?

Going to loose my BR ball and chain next month....having seen your post im kinda worried.

Do you have any other negatives on your report...id have thought the BR being gone would make a big difference.

We all know the score means sod all...but a higher score must mean a better over all credit profile...surely.