Sure….the passing of time can heal even the worst credit. After 7 years you get a clean slate….

Get a secured credit card to build a history of timely payments….This will gradually rebuild your credit…it won’t be overnight.I take it you are talking about credit reports in the UK (the US does not use the term ccj.)

The judgment will stay on your history for 6 years from the date of judgment but will show it as being paid. CCJ’s remain on ones credit report for 6 years maximum whether paid or not.

The entry will only be removed if you pay off the debt within one month of your county court judgment being entered on the register.

Hope this helps answer your question.Here are a few ways how you can improve your credit rating.

1)Make Payments on Time ~ If you want to build and maintain your credit rating, pay your bills on time and don’t miss any payments. If you have missed payments in the past, get back on track. Your recent payment history counts more than ancient history.

2)Pay Off Your Debt ~ Don’t transfer it all to a credit card and then transfer it from card to card to card. If you just move around your debt you’re not doing anything to pay it down. And even though all your debt might be on your credit card, your credit is still in danger. Financial experts recommend keeping your account balances less than 50% of your available credit. It shows that you have the ability to pay back your debt.

3)Establish Credit History ~ Your credit rating is established partially on your credit history. Your credit history is based on the information that your creditors have reported to credit bureaus, including credit cards, loans, and even some utility bills.

4)Don’t Apply for or Take on Too Many Credit Cards ~ Having and using a credit card wisely can be beneficial to your credit rating. However, if you’re constantly applying for new credit cards, it can hurt your rating, especially if you’re getting turned down for them.

 

The best information for unsecured debt consolidation