Repair credit score after incorrectly applied default removed

[Sammie220]

I have had a default removed that was applied incorrectly in 2009, unknown to me sitting there for almost 3 years. (Found out 10 weeks ago).

 

So now it's been removed my credit score on Equifax has jumped from 251 to 467, red to green.

 

Apart from this incorrect default I have never missed a payment, I have 11 settled accounts, 8 active accounts, all registered against the same address and I have been on the electoral role for 7 years.

 

My partner has a credit score of 999. Has this default caused me to continue a low score depite its now non-existence? How can I repair this score?

 

Also I have paid off my 5 year 6500 loan within 1 year, last week. It's not showing as settled on my credit file yet but will this cause my score to jump up?

 

All help appreciated, many thanks

 

Sam

[brokebutnotbeatn]

Forget the score; that's mis-leading. Lenders use their own methods. It sounds like you have nothing to worry about. It may be becasue you have a highish number of creditors but it doesn't sound like anything that would stop you e.g. getting a mortgage.

[BRIGADIER2JCS]

There are a number of things that affect the mythical'' credit

score'' which is intended only as a day to day guide for the

individually to assess how they might fair on alpplication.

Lenders look at residential status, electoral roll, GAIN and

public information sectios of the file.

Too many apps for credit is as bad as a default as it

is seen as desperation.

Numerous ac****s also affect the status as does the

percentage of your available credit you have used.

Lenders are increaseingly looking at longer periods

of credit history often up to six years.

The lenders all have unique in house systems for

rating applications which of course are not known

to applicants.

[Sammie220]

Thank you very much for your help, I will be looking to apply for a mortgage in May next year and by that time 4 more accounts will be settled.

 

Thanks

 

Sam