Adverse Credit History
One in four of the adult population in the UK has had some form of adverse credit history. So how can they go about repairing their credit file?
The cheapest way to check your credit file is to write to Experian at Consumer Help Service, P O Box 8000, Nottingham, NG1 5GX, or go to www.experian.co.uk and they will send you your credit file for £2.00 to £2.50, subject to how you apply. As an alternative to this you may even do an online check with online agencies that advertise their services but these tend to be rather more expensive.
Without you realising it, lenders may be relying on out-of-date or incorrect entries, or entries which don't tell the full story, or which shouldn't in fairness have been put on your file in the first place. This includes county court judgements (ccj's), defaults, arrears, iva's, discharged bankrupts, or even entries which relate to people that live with you in your household. For people who cannot repair their credit file, the good news is that there are lenders out there who will consider people with adverse credit history.
Looking for a Credit Card?
If you can't get a credit card because of your poor financial record, we can help. Just click on Adverse Credit - Credit Card and we will take you to our sister site for you to make your application.
Looking for a Mortgage?
Our advice is to seek independent advice from our specialist mortgage brokers who can arrange mortgages and remortgages with adverse lenders. So don't despair and don't let your credit problems put you off from applying, as help is usually available! CCJ's, DEFAULTS, ARREARS, IVA's, DISCHARGED BANKRUPTS ARE ALL ACCEPTABLE.
Click here to view the best UK mortgage rates
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