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6 years post BR
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Posts: 51 Forumite
Hi folks,
It's just over 6-years since I went BR and so much has changed. It really was one of the best things I ever did and so to all of you currently going through the process, I wish you the very best of luck.
Since Dec 2015, I have maintained a spotless credit file, took a low limit card with Capital One after the first 12 months or so, and paid it off in full every month. I was able to get a mortgage 5 years in with a reasonable rate and with no additional restrictions on the lending amount (same multiples that other 'non BR' joint applicants get). Having checked my credit report with experian, it's back up to a frankly astonishing 998/999. Honestly, it felt like this day would never arrive, but stick with it and you absolutely CAN get your financial life back on track.
Once again, I wish you all the very best of luck - I know how incredibly stressful it can be.
Cheers,
ABD
It's just over 6-years since I went BR and so much has changed. It really was one of the best things I ever did and so to all of you currently going through the process, I wish you the very best of luck.
Since Dec 2015, I have maintained a spotless credit file, took a low limit card with Capital One after the first 12 months or so, and paid it off in full every month. I was able to get a mortgage 5 years in with a reasonable rate and with no additional restrictions on the lending amount (same multiples that other 'non BR' joint applicants get). Having checked my credit report with experian, it's back up to a frankly astonishing 998/999. Honestly, it felt like this day would never arrive, but stick with it and you absolutely CAN get your financial life back on track.
Once again, I wish you all the very best of luck - I know how incredibly stressful it can be.
Cheers,
ABD
4
Comments
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Well done so pleased to hear this.0
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I am waiting for the day my IVA and defaults drop off my credit files....they are now bang on apart from this!If you believe you can, you will. If you believe you can't, you won't.
Secured/Unsecured loans x 1
Credit Cards x 8 (total limit £55,050)
Creation FS Retail Account x 1
Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
0% Overdraft x 1 (£0 / £250)
Mortgage Outstanding - £137,707.00 (Payment 13/360)
Total Debt = £7,400 (0%APR) @ £100pm - Stoozing0 -
Well done! I had a DRO and felt the same as you once the whole 6 years were over.
Nobody but you sees your credit score, btw but I do think it's a great boost to see it hovering in the high 900s on Experian!Please note - taken from the Forum Rules and amended for my own personal use (with thanks) : It is up to you to investigate, check, double-check and check yet again before you make any decisions or take any action based on any information you glean from any of my posts. Although I do carry out careful research before posting and never intend to mislead or supply out-of-date or incorrect information, please do not rely 100% on what you are reading. Verify everything in order to protect yourself as you are responsible for any action you consequently take.0
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