Need some advice please
We privately rent on an initial 12 month contract that started August 2019.
DH and I have separate accounts and he (through sheer negligence) went into an unauthorised overdraft on an old student account that he'd maxed out the £2000 limit on years ago.
His credit rating has plummeted. Going from 400-odd to 95 on ClearScore.
We are getting this sorted and will pay it off by August, but do letting agents re-check your credit score once you past the first year and go onto a rolling contract?
I just need to sort this out. I'm in an absolute panic and I don't know how long it'll take for his credit rating to be healthy again.
I'm just scared that the letting agent will refuse us and we'll be homeless.