What bank could i get a loan or mortgage with a small default on my credit score?

[djshaun14]

Could anyone tell me if its possible to get a bank loan if i have 1 default on my credit score its from halifax for £260 who have now passed on my debt to moorcroft which i am paying.

[EXDOORMAN]

Re: What bank could i get a loan or mortgage with a small default on my credit score?

Has the debt been registered as a ccj or are you in the early stages of debt collection,threatening court action ?

[djshaun14]

Re: What bank could i get a loan or mortgage with a small default on my credit score?

no its not ccj as i am paying the debt off

[djshaun14]

Re: What bank could i get a loan or mortgage with a small default on my credit score?

but it is registered on my credit score as a default no court action is been took

[FORCEOFONE]

Re: What bank could i get a loan or mortgage with a small default on my credit score?

To be honest, even if you had a AAA credit rating, it is hard to get the banks to lend at the moment to consumers

[Ruby]

Re: What bank could i get a loan or mortgage with a small default on my credit score?

It depends also how old the default is too. Some lenders have more lenient rules to lending if the default is a few years old. Its much like asking how long is a piece of string to be honest. If the default is more than two years old, for example and it is for a relatively small amount (£260) you could have a good chance with some lenders and maybe not others. I would suggest you speak to the bank first and tell them your situation and they should hopefully have a fairly good idea what your chances are of being accepted before you go through the formal application.