Bad Credit And How To Improve It

[pumpjack]

i fell into some trouble with repayments 3 yrs ago. my noddle credit rating is 520 very poor.
noddle have asked for £30 a year toi help with my credit rating and customer care etc but is it really worth it and what can noddle do that i cannot do.
i want a mortgage in a couple more years time and am able to put down a very substantial deposit.
is it 6 years before my credit is better ...6 years from say the date of ccj or 6 years from time of purchase the product ?
cheers

[Gizmonster]

Your credit score is what it is - it can't be altered, so I can't see what Noddle can do to change that.
Any CCJ's stay on your credit file for 6 years, so they can't be changed as well. Personally I'd save my £30 per year and concentrate on trying to pay my current bills on time - phone bills, etc.
If possible, obtain small amounts of credit and pay them off on time and as quickly as possible, in order to minimise any interest charges - doing so will improve your credit score.

[rowanwitch]

If you can trust yourself take out a credit card designed for rebuilding credit scores, have a very tiny limit. Say £250 use it often paying back in full each time. As Giz suggests keep all your utility bills up to date and talk to your bank about your future plans. They can help to get things on as good a footing as possible. Even a small bank loan paid back without any hitches can add value to your score. I had one and just kept it in a separate account from which i made the repayments. I just had to add in a little to cover the interest.

[Buenchico]

I can't see that you'd benefit greatly by forking out £30 p.a. to subscribe to 'Noddle Improve'. It would make more sense to get a credit card and to use that money for paying back a bit of interest. (Using a credit card and then making regular payments, but not necessarily for the full amount, can help to boost your credit score).

If you've not already got a suitable credit card, Capital One (along with others, such as Vanquis, Aqua and Marbles) will probably give you one. (They all charge very high interest rates but, since you'll only be borrowing small amounts and then paying most or all of it back each month, that needn't be of a great concern to you).

See here:
https://www.telegraph.co.uk/finance/personalfinance/11120400/Martin-Lewis-20-things-you-must-know-to-boost-your-credit-score.html

[pumpjack]

what card can i apply for to immprove and build on my credit
thanks
jack

[scorpiojo]

https://www.moneysavingexpert.com/credit-cards/bad-credit-credit-cards/#creditbuild