Credit rating / Credit report

[TF S4DK]

scenario:

i have 50 bags as a 10% deposit for a 500,000 house. will the bank give me the remainder 450,000 even if my credit is sh*t, but im in a job?

Depends on how much you earn, if you earn 20k then f*ck no.

Having sh*t credit would mean they would tell you to reduce the value of the house you want or increase the deposit.

[imhim]

i see

[Mr. Gayle]

Dont matter how much money you have, could be a millionaire but not get credit if its bad.

Happens to a lot of rappers

[O Fenomeno]

What about guys in IT?

[Mr. Gayle]

LOL mine is getting there

[Fresh]

I'm waiting on one dumb t-moble payment from when I was 17 to fall off - Not that I need any credit

[The Somalian]

Ok I owe around £1800 from few years back if I was to pay this off how long will it take my credit to improve so I could get a 15k loan? Was online earlier was being told 25% apr and that was rejected lmao

[Fresh]

If it earned you a red flag 6 years broda

[O Fenomeno]

I owe Orange £288

They are not going to get it ever because it was fraud on me

[Fresh]

Raise a dispute with a credit agency or suffer the consequences

[O Fenomeno]

This dates back from 2007

[TF S4DK]

Dont matter how much money you have, could be a millionaire but not get credit if its bad.

Happens to a lot of rappers

Credit & mortgages are totally different tho.

Mortgages the banks feel obliged to help, as everyone needs a home... and its a great hustle for them.

Back in the day I knew people who couldn't get a phone contract but could have mortgage loans secured.

[Kurtis]

yeah dispute it

dispute is underrated, ive actually had legitimate things removed

[Sole]

How u go about that?

Only thing I have is some phone bill for Vodafone they say I owe which is about £350 which has been following me for about 3years I've had a couple different companies try chase me for it but couldn't do sh*t...but this is probably f*ck*ng up my score

Not that bothered as I will never have a cc or mortgage

[Kurtis]

log into your credit report account thing ( i did this with Equifax)

see whatever you dont want and raise a dispute with them

theyll get back to you, cant remember how long it took for me, think it was about 2 days then ask for evidence and sh*t

i just said i hadnt applied for anything and i had no idea who took out the catalogue account in my name and asked them to ask the company to send me a copy of my signed credit agreement

after a few days, nothing

then i got an email saying the stuff had been removed from my credit report

[The Somalian]

6 YEARS Might aswell open up an Isa and save the P

[JLovely]

Disputed debt can't be pursued so like david said dispute it.

[hardface]

So I finally checked my report.

Not the best but could be better.

The things I thought I owed and were affecting my report are no where on there, How long before companies register a debt with them as its been about a year for one and 3 years for the other so I'm not sure if these will come up later?

The two things on there which ARE having a negative impact on my report are two Orange bills for £250 each. Do I just call Orange settle the bill then tell experian its been resolved?

Will my score automatically go up?

Someone...Anyone?

[roberz999]

I'm black listed can't even get an arsenal credit card.

[hardface]

Sounds like stress wtf did you do to get black listed?

[roberz999]

Unpaid contract bills with carphone warehouse and three and a bill for catalogue with lx direct and littlewoods.

[hardface]

Surely that isnt enough to be black listed though?

I mean in the official sense of the word

[Kurtis]

you aint blacklisted

you just have sh*t credit

and prob defaults

and if you aint anything about it prob a CCJ by now

so good luck

[imhim]

I'm black listed can't even get an arsenal credit card.

credit cards a credit card

[imhim]

you aint blacklisted

you just have sh*t credit

and prob defaults

and if you aint anything about it prob a CCJ by now

so good luck

THAT