Credit score help

tubby1987

Hey guys not sure if this is the correct section? In feb 2008 my score was 856/1000 and I default payment this wasn't my fault basicly my wages didn't go in and a direct debit to littlewoods didn't come out and then my rating took a hit to 594/1000, just worrying abit now when it come time for a credit check when I go for a flat let.

Any help or guidance would be great

poorandindenial

Hi tubby

Does that payment actually show as a default?? As long as you made the payment when you got paid it should only show as a late payment which will knock your rating a little but I don't think it should be hit that far.

When are you going to go for a new flat?? If it is a few months you have some time to be perfect at repaying your debts and make the file look a little stronger. I am not sure what they actually look for when they do a flat let check mind you, it may be that they aren't quite as stringent or they may ask you to provide additional security rather than turning you down - you could check on the buying, selling, renting board. It also may be worth considering going with a private landlord rather than a letting agent as they are less likely to do a credit check.

mictaylo

Hi tubby1987,

Did you just miss one payment and did you bring the account up to date within 30 days?

Don't pay too much attention to the credit score as I have one for 999 currently (it was 468 in january and I hadn't defaulted on anything it was just because I'd had multiple searches done) and got rejected for a loan from Abbey but accepted by Mint.

Each company has its own scoring system for deciding risk, provided you don't default on anything else you'll find after 4 to 6 months your score will rocket back up - so don't pay too much attention as to what your score is on experian as its only a guideline

tubby1987

Thanks for the replys, it was for littlewoods and soon as I saw the money didn't come out I rang littlwoods to make a payment they said it would be taken on with the following months direct debit and just said they wouldn't take a card payment. Would be about 2-3 months as it is a differnt city (closer to family) and would like a job before I move

THE_LONE_RANGER_4

i honestly believe this credit scoreing is just a big con,
it is a case of pay things on time , do not take out to much credit, do not apply for mutiple cards, if you get a cj pay it off when you can and get it marked as settled it all comes of after 6 years a credit list is not a black list its main purpose is for a lender to decide if to lend or not and there all very different score have nothing to do with in the sence they all score diffrently

poorandindenial

tubby1987 wrote: »

Thanks for the replys, it was for littlewoods and soon as I saw the money didn't come out I rang littlwoods to make a payment they said it would be taken on with the following months direct debit and just said they wouldn't take a card payment. Would be about 2-3 months as it is a differnt city (closer to family) and would like a job before I move

In that case I wouldn't worry about it, it sounds like it is only a late payment rather than a default, I am sure that if everything else is vaguely in order there won't be a problem getting through letting agency checks.

Good luck for finding somewhere lovely to live.