Credit Rating / History
Your credit history is a record of your activity when it comes to lending, and more importantly paying back money. A bad credit history can lead to problems with obtaining loans and credit in the future. When you apply for a loan, lenders look at your credit history and allocate you a credit rating, which they use to determine whether you are eligible to borrow money, and if so how much. The easiest way to keep a good credit rating is to honour your repayments, but if debt starts to mount, the pressure can sometimes get too much; leading to missed payments and bad credit. If this happens it might be time to seek advice.
Recovering from Bad Credit
Free From Debt offer impartial advice and financial assistance to help you to improve your credit rating, and therefore build your chances of being able to find decent lenders in the future. We also specialise in finding you bad credit consolidation loans, bad credit personal loans, and home loans. There is always a debt solution, even if you suffer from a poor credit history. Contact Free From Debt today to understand what your credit history means, and how to improve your rating.