CCJ - impact on credit score

Detroiter

Hi, first post here so hope it’s in the correct place.
I am looking for some advice and maybe someone can assist.
So background, many bad decisions in earlier life led to me managing a poor credit score for the last 10 years or so, notably defaults/CCJs and countless missed payments etc etc.
Anyway, for the last 6 years I have been managing really well making full payments to all my monthly DDs / mortgage and debts with no errors or anything.
My credit file now looks considerably better from 600 to 767 (fair) at the moment. The only negative factor I have on file is a CCJ that is due to ‘expire’ next week.
I have 2 credit accounts (mortgage and credit card) and use about 25% of total credit (£5k used out of £20k limit).

My question is what kind of credit increase should I see when the CCJ finally is removed?

Thanks for any advise

Craig1981

as you have stated, all defaults and CCJs will be removed after 6 years.

ignore your score - it is a fictitious number that only you can see - you need a credit history, this is what matters

by "credit increase" you mean score? again, this doesnt mean anything. if "credit increase" means more and other credit, this will depend on your own individual circumstances (income, mortgages etc etc) and the lender

[Deleted User]

As above - don’t look at the scores and ratings.

Also once the CCJ drops off don’t be expecting to apply for low Apr mainstream products straight away.

Repairing damaged credit history takes time

Detroiter

Thanks for the swift responses.
Yes I meant the score.
I have read several threads about ccj’s causing around 250 point decrease, I was just curious if I should expect my credit to raise status once I have 0 negative factors on my file.

I don’t plan any further credit applications any time soon, merely just want to see my credit looking better in terms of rating

[Deleted User]

Again ignore the score.

It’s not a real number

Pixie5740

Detroiter wrote: »

Thanks for the swift responses.
Yes I meant the score.
I have read several threads about ccj’s causing around 250 point decrease, I was just curious if I should expect my credit to raise status once I have 0 negative factors on my file.

I don’t plan any further credit applications any time soon, merely just want to see my credit looking better in terms of rating

It's a pity you didn't read the sticky thread at the top of this board before posting.