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whats the likes of me...

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jimmyuk
jimmyuk Posts: 14 Forumite
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...
Make £10 a day in November Challenge -Total: £895.14/£850

HSBC PPi refund £1600 :T

Comments

  • Rafter
    Rafter Posts: 3,850 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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.
    Smile :), it makes people wonder what you have been up to.
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