Poor credit rating cycle

Stressedandbroke

I’m in a cycle of passing loan /balance transfer checks checks in terms of affordability but not credit score. The reason is that I’m using over 90% of my balance on cards. Because of this I can’t seem to get approved to do a 0% balance transfer or loan to pay off. And I’m struggling to reduce the balance since the interest charged is so high. Any advice? I also have 2 missed payments showing on my credit reports. These were agreed with the lenders as part of breathing space agreement when I was made redundant in January. I brought all accounts out of arrears when I started my new job in Feb. Should they be on there and can I get them removed? 

TheSpectator

Ignore your score, nobody sees it apart from you. What is the existing balance on your card? Income, other debts?

I would say with 2 missed payments you are very unlikely to get any further credit (at decent rates anyway). Whether the missed payments should have been recorded as missed or an arrangement to pay is a moot point as both are highly damaging to your credit history.

Think you need to head over to the Debt Free Wannabee board for some advive as you seem to be at a point where you can't borrow your way out of the situation.