For the last few years my credit rating on Noddle was only 1 out of 5. Not surprising since I had bankruptcy, IVA, & default entries on their. In January the defaults & IVA reached the 6 year point & dropped off my record & the bankruptcy dropped off last night (I have been checking daily).
My credit file is now clean. I have had a Vanquis Gold card since 2009 & an Aqua card for 18 months. I do have outstanding balances on both of them but I am paying them down I pay well over the min payment every month. I have never missed a payment on either of them & the history status for both of them on Noddle is the Green circles with OK under them. In addition since 2008 I have had a Cashplus card with the Creditbuilder facility again that is also showing ok with the Green circles.
Also a few months ago I took out a couple of Wonga loans thinking they would improve my credit rating (I think it might have done the opposite). I paid one off on time & the second one early I have not & will not take anymore out.
I have two basic current a/cs with 2 different banks they are both listed & show as ok.
However, my credit rating has only gone up to number 2 which according to the Noddle site would still prob result in rejection for better credit offers. Does anyone know why it is still so low or is this Noddle score meaningless?