How getting our own credit report helped us secure our tenancy.

Some of you may remember the stressful time we had finding a new place to live earlier this year. Our landlords were moving on, so we had to too. We kept losing out on houses to people without children, but finally found one where we could proceed with the paperwork. That is where we hit our next stumbling block. The credit checks came back poorly. What is worse, we had no idea why. I panicked thinking we might lose the house.

 

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Credit Report Image via Shutterstock

 

We knew we were solvent with no bad debts, so our leasing agent suggested we get our own credit checks done to see if we could find the source of the problem. I went straight online and obtained an Experian credit report. Within 10 minutes we had both our credit reports complete, and both of them came back as excellent.

We could print off copies, and thankfully our prospective landlord was happy to accept them in support of our application – and we got the house. (And 6 months later are very happy here!)

I still haven’t managed to track down the source of the original bad report. We followed it up later, but our follow up credit checks with the company our agents had used also came back positively, I can only assume it was a blip in the system, or an error somewhere. Thankfully our Experian reports were enough proof to our landlord of our good credit standing, and also gave us reassurance that there were no problems on our records.

Next time we move I will be getting our own credit checks before we even start – to make sure they are good and as back up in case of any future problems. There are also things you can do to make sure your credit rating is good:

  1. First off, get your own report, such as those offered by Experian, and make sure all the details are correct.
  2. Make sure you are on the electoral register.
  3. Use direct debits for your bills and any existing debt repayments – it means you never forget and end up with an accidental black mark.
  4. Don’t make lots of requests, repeated credit checks from different sources can effect your credit rating – try to space them out where possible.
  5. Try to settle any problem debts. Even though unpaid credit and CCJs will remain on your file for 6 years, they will be marked as settled once you pay the debt.

If like us, you find yourself facing problems finding housing, the charity Shelter have lots of advice on their website or you can find government advice on housing here. And don’t give up hope – we got somewhere in the end – now I am just keeping our fingers crossed we can stay here for a few years!

Love Miss Cisco XXX

Disclosure: Collaborative post. 

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20 Comments

  1. October 6, 2015 / 1:53 pm

    I think it’s good to get one done if you are thinking of embarking on anything major financially – if you are planning to buy a new house in a few years time say you could use it as part of your planning.
    Erica Price recently posted…Foot Bubbles ReviewMy Profile

  2. October 6, 2015 / 3:35 pm

    I am glad it all worked out for you!! I dread looking at my credit report but when I am ready to make a large financial decision i will
    angela hamilton recently posted…Traces Of MeMy Profile

  3. October 6, 2015 / 8:13 pm

    Sounds like you totally did the right thing – such interesting and good advice. Sorry it was all so stressful though. It’s actually all quite scary.

  4. October 8, 2015 / 5:31 pm

    I recently got my report and was totally blown away at how good it was .. in the past i had not been very good so knuckling down and being more sensible has made a difference for us
    Jaime Oliver recently posted…My Blogging Journey – 3 Years OnMy Profile

  5. October 9, 2015 / 8:05 am

    So pleased that you found a place to live and sorted out the problem with your credit report. It must have been a very stressful time. Thank you for sharing your advice about credit reports.
    Mums do travel recently posted…Afternoon tea: Reform Social & GrillMy Profile

  6. October 16, 2015 / 9:54 pm

    Great post, I bet you were relieved too. It’s quite interesting getting your own credit report. I’ve done it in the past to see what was on it. At the time it didn’t make for good reading but I like to think it’s improved since. I hope! 🙂
    Charly Dove recently posted…Maya the Bee is buzzing into cinemasMy Profile

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