whats the likes of me...

jimmyuk

Hi guys

Whats the likes of me getting a 25k loan?
Im currently paying £720amonth on loans and credit cards and need to get my monthly payments down!

I clear between £1000-1200 amonth

My credit ratings from checkmyfile are:

Experian:568
callcredit:865
Equifax:766


Anyone have any idea why experian is so much lower then the others?

3 late payments in the last 12 months...

Rafter

Low.

Unless you have some security like a house with lots of equity.

You are currently paying far too much to service your debt.

You have options though.......

Either go on a serious money diet and start prioritising your repayments to get your debt under control.

Contact a debt charity or citizens advice and look at how you can enter an arrangement with your creditors to repay some of your debt.

Get a consolidation loan for at least the worst credit card debt and then rip those cards up.

No idea why Experian is much lower - maybe their scale is different or they apply a different weighting to late payments.

Good luck.

R.