Brighthouse - Good or Bad?

[SaltnVinegar]

Re: Brighthouse - Good or Bad?

Just a point on Brighthouse and any other 'alternate' (i.e. payday loan) lenders when it comes to your credit file, if your goal is to improve your credit score.

Unfortunately it will have opposite effect as most high street lenders see taking credit with these lenders as a sign of financial distress and won't lend to you even if you demonstrate a flawless payment history in repaying the debt.

You're better off now not applying for credit for 2-3 years and letting any current defaults or payday loan entries on your credit file get older than 3 years. At that point you should find that some more mainstream lenders will consider lending to you.

As far as Brighthouse as a company go - they are shocking and are responsible for some of the worst abuses of vulnerable people that I have seen with regard to misrepresenting their legal position and what they are allowed to do when people fall behind with repayments. Personally I would not recommend anyone use them at all, if you're in any doubt have a read of these articles:

http://www.theguardian.com/society/2...ty-high-street

http://blogs.thisismoney.co.uk/2012/...stop-dont.html

Best
SnV

[TibetanMonk]

Re: Brighthouse - Good or Bad?

[IF]

Re: Brighthouse - Good or Bad?

Quite.

[ATTACH=CONFIG]11567[/ATTACH]

Brilliant, you made I larf

[diddlydee]

Re: Brighthouse - Good or Bad?

Loads of stuff on freecycle. You'll need to join first but you can also request stuff if you need things. As long as you word it nicely, people are usually really generous.

[TibetanMonk]

Re: Brighthouse - Good or Bad?

Have you thought of using Freecycle? There's a branch in Plymouth (that's where you say you live) and they're giving away free baby clothes and cot stuff today. What perfect timing eh

https://groups.freecycle.org/group/P...20and%20sheets

Gah! Thank you so much! Didn't even know about freecycle. Unfortunatley I'm at work and my partner cant get there as she obviously cant drive.

Thanks anyway PlanB, I'll keep my eye out there.

[PlanB]

Re: Brighthouse - Good or Bad?

Have you thought of using Freecycle? There's a branch in Plymouth (that's where you say you live) and they're giving away free baby clothes and cot stuff today. What perfect timing eh

https://groups.freecycle.org/group/P...20and%20sheets

[CleverClogs (RIP)]

Re: Brighthouse - Good or Bad?

TM do you mind if I ask what you need this credit for to see if we can make other suggestions to help you? Are you panicking about your first baby arriving and what that'll cost you? It's surprisingly little at the beginning apart from endless nappies.

Quite.

[TibetanMonk]

Re: Brighthouse - Good or Bad?

They pre-approved you, despite your credit history?
Didn't that make you wonder why?


I haven't but, then, I prefer not to pay vastly inflated prices for cheap tat.


Yes, of course it will.

Just after pigs sprout wings.
[ATTACH=CONFIG]11566[/ATTACH]

Haha, point taken :P

[TibetanMonk]

Re: Brighthouse - Good or Bad?

Have a go on this as well, it will help indicate what you can get http://www.entitledto.co.uk/calculator/

Thank you very much I was wondering if there was anything like that out there. I'll get straight on that. After I've read PlanB's bbc news page :P

[CleverClogs (RIP)]

Re: Brighthouse - Good or Bad?

So I've applied with Brighthouse and been pre-approved pending employment and affordability checks.

They pre-approved you, despite your credit history?
Didn't that make you wonder why?

Anyone dealt with these?

I haven't but, then, I prefer not to pay vastly inflated prices for cheap tat.

And if I do get something will my credit rating improve despite the fact I have defaults on my file?

Yes, of course it will.

Just after pigs sprout wings.

[Sapphire]

Re: Brighthouse - Good or Bad?

Have a go on this as well, it will help indicate what you can get http://www.entitledto.co.uk/calculator/

[TibetanMonk]

Re: Brighthouse - Good or Bad?

http://www.hmrc.gov.uk/taxcredits/start/who-qualifies/ https://www.gov.uk/browse/benefits

There's some reading fodder for you

Aww! Thanks Inca I do like the link for the benefits though, with it having "browse" it makes it sound asif it's like an argos catalogue.

[Inca]

Re: Brighthouse - Good or Bad?

http://www.hmrc.gov.uk/taxcredits/start/who-qualifies/ https://www.gov.uk/browse/benefits

There's some reading fodder for you

[TibetanMonk]

Re: Brighthouse - Good or Bad?

I know nothing about Tax Credits but someone will come along who does. When will you both be 21? If your partner is not working there may be other benefits which she's entitled to.

You say your Landlord is pretty good, does that mean you have rent problems at the moment which I can help you with? Your partner may be entitled to Housing Benefit if she's left Uni (has she?). If she's still a student she may also be entitled to HB so read this and see if that's an option:

http://england.shelter.org.uk/get_ad...t_for_students

Hey PlanB

Awesome about the child Benefit, I'll read up on that on my lunch.

With rent its always been somewhat of a struggle, with regards to losing jobs and then regaining employment. Housing benefit I wasn't approved for when I applied, because I earn too much? Or atleast, that's what I understood.

However, at that point it was just me as my partner was at uni. She's sort of in and sort of out. She's completed her 2nd year so can take a gap and go back, but we're not sure if she still wants to do that. So at the moment, she's unemployed and not a student.

My landlord has given us time to pay, and even on some occasions accepted less than what we agreed, as he understands our financial difficulty and we also get on well. But I don't want that to come back on me when he's strapped for cash if you know what I mean?

My partner will be 21 in September time, so not long, but I was under the impression that tax credits only applied for the over 25's?

Thanks

[PlanB]

Re: Brighthouse - Good or Bad?

we're both under 21 so Tax credits are out of the window?

Our flat is private tennancy and our landlord is pretty good so thats not an issue. . . .

. . . . My son is due within the next month, and my partner isnt working as she was at Uni when it happened.

I know nothing about Tax Credits but someone will come along who does. When will you both be 21? If your partner is not working there may be other benefits which she's entitled to.

You say your Landlord is pretty good, does that mean you have rent problems at the moment which I can help you with? Your partner may be entitled to Housing Benefit if she's left Uni (has she?). If she's still a student she may also be entitled to HB so read this and see if that's an option:

http://england.shelter.org.uk/get_ad...t_for_students