Bankruptcy badly affects your credit record for six years. This article looks at what should show on your credit record after you are discharged from bankruptcy. For almost everyone, discharge happens after a year. But if lenders don’t record bankruptcy and your discharge correctly, they will continue to damage your credit record for longer than The post How to repair your credit record after bankruptcy appeared first on Debt Camel.

A Debt Relief Order (DRO) lasts for one year and then your debts in it are wiped out. But it shows on your credit record for six years. This article looks at what should happen to your credit record during the DRO year and after it has finished. If a creditor has got this wrong, ask them The post How to improve your credit rating after a DRO appeared first on Debt Camel.

A default hurts your credit score, but how long for? That depends on the default date recorded on your credit file. If the default date is too late, it harms your credit score for longer than necessary. The Key Rule to remember is “A default drops off after 6 years”. This always happens, regardless of The post What should the default date be & when will it disappear? appeared first on Debt Camel.

Keeping track of your credit record is smart, but how do you go about it? With more than a dozen ways to check your credit record in the UK, it can get confusing. So, what are your options—and which are the best free ones? And is it ever worth paying for “extras”? Do credit scores The post The best free ways to check your credit score appeared first on Debt Camel.

Loans2Go offers what I have called the worst loans in Britain. Their typical APR at the moment is 450% See the example Loans2Go quotes on its website: “Representative example: If you borrow £999 over 18 months at a flat rate of 132% per annum (fixed) with a representative 450.5% APR you will make 18 monthly The post Loans2Go – the worst loans in Britain – ask for a refund appeared first on Debt Camel.