Due to taking a good redundancy package (and luckily finding another job straight away) today i have finally cleared my debts. All my creditors agreed to state "satisfied in full" on all my records.
Yesterday I had 7 outstanding debts and my credit report stated the following:
Credit Scores & Ratings
Using data seen by Lenders
Using data seen by Landlords/Employers
2 Late Accounts
9 Defaulted Accounts
2 Court Judgments (both say Status Active and i am looking into how to change this)
My questions are
1) Will paying everything off increase my rating? If so by how much?
2) How can i improve my rating? Have i no chance until the CCJs and Defaults leave account?
Thank you all