How do i get a positive credit score

[sarah n]

How do i get a positive credit score after i have finished my IVA (dec 09)

[plasticdaft]

1st off get copies of all your credit reports to ensure that defaults all all dated correctly and removed at the 6 year point. Did your IVA run for 5 years? To rebuild you rating start by opening a catalogue account(easier to get),which will have a low credit limit which you can pay off each month. You could also apply for a high rate credit card(like vanquis)(dont let the 39%APR put you off),you wont pay any interest if you clear the account in full every month.
It may take some time before you are at a level where high street lenders want your business.

Paul

[sarah260277]

Thank you for your reply.
How do i get a copy of my credit reports - and is this after 6 years ? my iva finished in Dec 09 and i received my cert in January 2010?
thanks sarah

[rayb]

Hi Sarah,

The addresses of the credit reference agencies are:

Equifax Plc
Credit File Advice Centre
PO Box 1140
Bradford
BD1 5US
www.equifax.co.uk

Call Credit Plc
Consumer Services Team
PO Box 491
Leeds
LS3 1WZ
0870 060 1414
www.callcredit.co.uk

Experian Ltd
Customer Support Centre
PO Box 8000
Nottingham
NG80 7WF
0844 481 8000
www.experian.co.uk

[plasticdaft]

If you get copies of your credit files now,you can check that no defaults have been added after the start date of your IVA(they should drop off the files 6 years from IVA beginning).

Paul

[sarah260277]

am soo sorry - do i need to write to these companies and ask for a report ? or choose one ? do i pay ?
sorry sarah

[rayb]

Hi Sarah,

You can write to them or do it via there websites. There is a cost involved and you will need to contact each one as sometimes they hold different information

[plasticdaft]

As all 3 may hold differing information about you its wise to get a copy from all of them,and it can be done as Rayb says via their websites.