Hello all. So I’m looking into private renting. However I went through a bankruptcy several years ago. The bankruptcy is on my credit file as satisfied. me and my partner both bring in a decent income but because of the bankruptcy title I don’t stand much of a chance. Is there anything I can do.
does satisfied mean the debt was paid up in full or not?
Hi Colin so I went bankrupt 2019 and was discharged 2020 my credit file is showing the satisfied date as the discharge date. I have an agreement that I pay monthly for 3 years which ends june 2022 but stays on my file until 2025
best be upfront with a landlord .We get annoyed when something is not told to us straight away. . To see proof that it is being paid off, is a big plus
Yeah I always send a message as I don’t want to waste anyone’s time. I also have proof of payments too
So, some people might take you, some not.
For me, I would definitely need more time between you paid off the debt and renting, to show you can pay your commitments and get good credit.