Bad Credit is Lingering - Please Help!

sho_me_da_money

Hi Guys,

I am sorry if this is the wrong place to post this but i am seeking advice regarding some credit problems i am having.

My record in the past 2 years was tainted with some overdraft debts i got myself into with RBS. RBS then closed my account and basically said i was unable to open an account with them ever again.

Since then and for the last 1.5 years i have been squaeaky clean and have got a substantial amount of cash saved.

Now my bank (Abbey) keep asking me to upgrade my account from a basic account to somehthing better as i have a fair few grand in my account.

I went in on Saturday and was told that the credit check failed me and although i am a preferred customer, the credit was holding me back.

Now what do i do?

If i get my credit report, is there anyway to have all my record clear? - the reason i ask this is because i want a mortgage and would hate to do all the only to be let down.

If my record on my credit report is mashed or i have a CCJ, is there any way it can be removed?

Thanks guys

jimbo26

I think the key to your problem is the problem with RBS. How did this get resolved? Did you end up with a CCJ or Default? Do you still owe RBS money? Judging by the 'don't ever open an account with us again' comment I guess it went badly.

If you had a CCJ or default you're pretty much screwed. they will remain for 6 years and will become less and less important the older they get. However they will always cause you problems until they are removed.

CLAPTON

get copies of your credit report... its pointless to speculate when you can know for only a few pounds (or even nothing if use the 'free' offers)

sho_me_da_money

Ok what happened was i was always dipping into my overdraft.

The overdraft limit was something like £800.00

Anyways they gave me a loan of 1000 to pay of the overdraft and expected me to pay back the grand, which i did.

The whole thing was a fiasco because i was out of a job at the time.

They eventually got !!!!ed off and closed my account. A few months later i started work and needed a bank account so i went to Abbey. They tryed to set me up with a normal switch account but my credit check failed and so i was setup on a basic account.

The irony is that a year later i stumbled on this site and the article that drew me to it was "reclaiming my bank charges" and i successfully managed to claim back £1500.00 from RBS

Anyways i think this scene really messed it up for me.

If i do have a CCJ or similar - is it game over for me?

jimbo26

sho_me_da_money wrote: »

If i do have a CCJ or similar - is it game over for me?

Pretty much. You will struggle to get credit from mainstream sources.

Mozette

Try posting on the Debt Free Wannabe board for general help with debt & budgeting.