Quick Enquiry
Here at First Place Financial Ltd we understand the implications and stress that poor credit can cause our clients. With an estimated 1 in 4 people in the UK suffering credit problems it is an area that we have gained considerable experience in dealing and helping with. Further problems with the recent credit issues are not helping many people with the rising costs of just living many people can quite easily through no fault of their own fall into some of the areas listed below. Common reasons for poor credit:
- Mortgage arrears
- CCJ’s
- Late Payments
- IVA
- Bankruptcy
- On benefit
- Low credit score
- No proof of earnings
The above are just some of the reasons for some one to be considered to have a poor credit rating however we have spoke to many clients who felt that they had a particularly poor rating, but after we assessed and investigated their situation we were able to see that their situation was not as bad as they originally thought, helping us to get them a better rate than they thought possible. In these instances when you are unsure the first thing to do is a credit check to see what’s what.
