Good morning, I could do with a little bit of advice if possible please.
A few years back I was young and naive and was ushered into taking out many loans as my partner at the time had poor credit.
I was able to make payments so thought nothing of it.
A while down the line due to her ill health I had to cut my hours which lead to all sorts of financial problems.
Stupidly, I burried my head in the sand with worry.
I had quite a few outstanding debts, some for a few thousand each.
Barclays,
Argos and
Welcome finance were the main ones.
Although they all pursued me it was only Welcome that decided to take me to court.
After checking my credit report with a site called Noddle,
I saw that Argos and Barclays had fallen off my account.
The CCJ with Welcome Finance is now 5 years old.
The court determined at the time i was to pay £5 per month and this is whats been paid since.
My question is,
even though im paying this,
will it still drop off my credit report in a years time please?
Id love to apply to rent a house with my new partner but my CCJ is stopping us from being able to get anywhere.
If it does drop off after the 6 years will it still show up on a credit check by the estate agents please?
Could these other debts that have dropped off my credit file still come back to bite me please?
I had been advised to go bankrupt but I did not want to go down that route.
However the outstanding Welcome Finance CCJ is still almost £5000.
Any help that anyone could give on this would be greatly appreciated.
Thank you