Do Unpaid Debts In The US Affect My UK Credit Score?

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Question Hi and thanks for this forum and way to get some answers. I am a British citizen who lived in the USA for many years. I recently moved back to the UK and am not earning the same income as I had in America. I had a few debts in America and can no […]

Does Catalogue Debt Affect My Credit?

catalogue

Question I owe about £800 to 2 different catalogue companies, and I am not paying them. Will this hurt my credit score? Answer It will only lower your credit score if it is reported to the credit bureaus. Not all lenders or catalogue companies report to the credit bureaus. However, if you default on the […]

How Can I Get a Car Loan With Bad Credit?

car salesman

Question I need a loan to buy a car as I have found a job, but the location for work is not on any bus routes, in addition the job is working unsocial hours. I don’t need an expensive car, just a reliable one to get to and from work. The problem is I have […]

Does a Payment Arrangement Affect My Credit Report?

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Question I was put on furlough during the pandemic and then was called back, and then put on furlough again. While I was receiving some wages, it was not enough to pay all my bills as I was pretty much in some serious debt. I did phone and speak to my bank and those I […]

8 Tips to Improve Your Credit After Bankruptcy

credit report

You were bankrupt for 12 months, and now your bankruptcy has been discharged, you are now officially debt free, starting over, a fresh start. What next do you need to do. One thing to do is to take a look, if you have not already done this or know, what took you to the point […]

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 […]

Will Increasing My Credit Limit Hurt My Credit Score?

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Question I have been offered a credit limit increase on my credit card. They are offering me a £750 increase, and my limit is currently £1,500. I need to complete an income and expense form online and then it looks as though they automatically increase my limit. I just wonder if this is something that […]

Can My Credit Affect Me Getting a Job?

job application

We live in a very interesting time, job/work wise. It is a pandemic! R Factors! Lock downs! Redundancy! Furloughs! Government bailouts! Shops, stores, restaurants, and pubs closing at record rates! For the economy, it all seems so doom and gloom. And the economy is what it is all about, second after lives. After making sure […]

How Can I Improve My Credit Score?

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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 […]

How To Get Out Of Debt

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“Neither a borrower nor a lender be” Hamlet Act 1, Scene 3 Debt: “The state of owing money to someone, or something”. Debt is a four letter word, and for some people, a dirty four letter word as they wish they were not in it (debt), or do their best to try and avoid it […]