Not getting offers with very clean file

london1973

My bankruptcy recently fell away from my credit files, yes have checked all of them, and its now super clean, have paid all my cards religiously for 6 years as well as phone bills etc.. naturally all the ‘scores’ went through the roof once the BR fell away but i’m not getting any offers from a couple of searches..in fact i got more when i had the bankruptcy on the file 😂 - any ideas why?

Jami74

I've never been bankrupt, my files have always been 'clean' and I'm not getting any offers either. I used to get more offers from my credit cards for 0% and fee free transfers or offers to increase my limits. Are you specifically looking to borrow? Maybe the banks are being a bit more cautious at the moment.

[Deleted User]

Scores don't mean anything, no-one but you ever sees them

Lending is tight, in case you missed it, the Tories are still screwing the economy as they always do albeit worse now under Truss than the last 12 years. If your credit cards are paid in full every month and mobile bill is etc then give it some time. Also keep in mind many lenders will keep a blacklist, just because the BR fell off your file, doesn't mean they will forget.

cymruchris

Having been through the process myself - in recent times I've seen an increase in offers - but the majority of companies involved in my bankruptcy still don't want to touch me with a barge pole. It dropped off in 2018 - my imaginary score is now high - and I've got well-managed credit cards with a limit of around £35k in total. I've also got money transfer offers and balance transfer offers (although I don't need them at the moment). 

So you may find that those that you had a relationship with previously automatically exclude you.

As mentioned - credit offers are generally a bit tighter in recent months due to all that's going on in the world - so that's likely an influence too.

Unless you NEED a loan - and you're just looking at what offers you're getting - build up nice solid relationships with the financial institutions you haven't been linked with during bankruptcy over the next year or two (and all being well with the world) you'll likely see offers available from them in due course.