Can anybody answer me why I have a credit rating thats improved from fair to good over the last week or so.My score has increased by 79 points to 893???This was done by experian.
Shane - the credit scores mean very little in actual fact...they often fluctuate up and down and until your record is completely cleaned of any IVA (after the 6 years from day 1) and your defaults removed from any creditors the acceptance for any credit will be very difficult, even if approved by your IP.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
You'll find that creditors apply their own criteria anyway so even if Experian say you've a good rating you may well get turned down if you apply for anyone.
I had this happen a few years ago prior to my IVA when Nationwide would only give me a basic account and my credit record was fine. No amount of badgering on my part would make them budge. I went out of the branch, across the road to Barclays and an hour later had a full account complete with cheque book, debit card and a credit card!! I was at the top of their lending criteria.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
