I was wondering if anyone has experienced anything like this or has any general advice.
My partner and I are both 25, we really want to buy our own house but it seems impossible at the moment and it's really getting me down.
Unfortunately, we both have poor credit ratings. Mine is very poor from a store card I had about 5 years ago (£400 debt!) which I ignored and has since defaulted. My boyfriend is the same - his is poor due to a few missed loan repayments which he is now paying off (£1000). From what I've seen online, it looks like these will remain on our credit records for 6 years before we are back to normal again.
Is there any way we will be able to clear this before 6 years and get our own mortgage? We want to have children soon and we both earn a decent wage but due to our stupidity when we were 21-22 we both won't even get credit for a new car.
Thanks.
Please or to access all these features
Please
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AIBU?
To be really down about our financial situation - debt and no mortgage
59 replies
user1467032004 · 27/06/2016 14:04
OP posts:
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