Dp Money: You Don't Have to Default On Your Debts to Get a Bad Credit Rating, As Jane Hall Reports

Daily PostFebruary 16, 2004

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Summary


TEN years ago, Glynis Lloyd was involved in a minor accident with a taxi at her local supermarket.

As both parties disputed who was to blame, the matter ended u pin the county court where it was ruled Glynis and the other driver shared equal responsibility for the crash.

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Extract


Dp Money: You Don't Have to Default On Your Debts to Get a Bad Credit Rating, As Jane Hall Reports

The 32-year- old left it to her car insurer to settle the bill and thought that was the end of the matter.

But, two years later,Glynis and her husband, Mark, 34, decided to move home. It was then the couple's troubles started. "We were turned down for a mortgage," Glynis explains. "We couldn't understand it and then the bank ...

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