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Scottish Trust Deed Forum
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Topic starter
08/06/2014 8:18 am
I got my form 5 discharge letter yesterday, yippee. So happy but I'm just unsure what to do next. How long should I leave it before trying to rebuild my credit? Any advise would be great. Thanks
08/06/2014 9:17 am
You can start to rebuild your credit worthiness right away but until the trust deed drops off your efforts will barely reward you.
A credit card like vanquis used carefully can give some nice green ticks on your file.
Give it a few weeks and your file entries should start showing as satisfactory or settled. You could also check no defaults are dated after your td became protected.
After that its just a waiting game. Our TDs have just in the last few days fallen off our credit files but our scores have yet to improve greatly(only used noodle as its free).
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
08/06/2014 5:00 pm
Congratulations on your discharge DRedd.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
08/06/2014 9:11 pm
Thanks for the advise. So happy it's finlay over. It's been a quick 3 years.
09/06/2014 12:16 pm
Congrats DRedd, great news.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
10/06/2014 9:04 am
Hi Dredd,
Well done on successfully completing your Trust Deed! Must be a great feeling!
For everyone starting out on a Trust Deed it can feel like a long path ahead but once they come to the end most people always feel that it's been a quick 3 years.
Best wishes for the future and enjoy the extra money!
David is not currently posting in the Trust-Deed.co.uk forum
