Have You Ever Been Bankrupt?

key in a door

Question Jon, I foolishly went bankrupt 7 years ago due to running up a huge amount of credit card debt. My bankruptcy was discharged, and I have been good with credit ever since. I am applying for a mortgage to buy my first home and the application has a question asking have you ever been […]

Acknowledging or Re-engaging a Statue Barred Debt

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In the UK, if a creditor has not contacted you, or attempted to collect a debt owed to them for a period of six (6) years, the account/debt is said to be Statute Barred, which means it is no longer collectable through the courts. There are the key words, no longer collectable through the courts. […]

When Will My Bankruptcy Be Removed From My Credit Report?

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Question I went bankrupt back in 2015. It was a difficult decision to make, but I felt I had no other options. I owed tens of thousands to credit card, my business loans, and I also had a mortgage. I lost my home, but being out of debt was liberating. I felt like I could […]

What is NOT on My Credit Report?

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There are many things on our credit report, the accounts we have, how we have paid them, civil judgments against us, and all of of it has to be true; an accurate picture or portrayal of how we have paid our debts and obligations. But you may be surprised at what is not included in […]

What Is This “Blacklist” I Keep Hearing So Much About?

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Over the years I have heard the following so many times, I wish I had a £1 for each and every time. I am on the blacklist. I have been blacklisted. I have poor credit and was told I blacklisted. What is the blacklist? How can I remove my name from the bank’s blacklist? The […]

How Can I Improve My Credit Score?

my credit report

In today’s world, there are a few things that have changed, are changing even more, and we also need to stay more aware of. And one of those things is our credit scores. We should all know our credit score and monitor it on a regular basis. Why you may ask??? Credit files and credit […]