Ok I phoned my broker today that I used to buy my current property, which has been paid off.worth about 400k
Seems I have a bad credit rating owing a debt collector $300 for a utility account plus a credit card debt I defaulted on but I'm paying it off monthly so I don't know why it's default listed.
Anyway I wanted to borrow about $150,000' for a IP
The IP I am now looking at will be in Sydney City and priced up to $500,000
I have $350,000 cash deposit .
How can I fix my credit rating?
Should I pay the debt collector for the utility bill and then would it disappear from my record?
What about the credit card I'm paying off monthly?
Will anyone lend me money ????
Seems I have a bad credit rating owing a debt collector $300 for a utility account plus a credit card debt I defaulted on but I'm paying it off monthly so I don't know why it's default listed.
Anyway I wanted to borrow about $150,000' for a IP
The IP I am now looking at will be in Sydney City and priced up to $500,000
I have $350,000 cash deposit .
How can I fix my credit rating?
Should I pay the debt collector for the utility bill and then would it disappear from my record?
What about the credit card I'm paying off monthly?
Will anyone lend me money ????