How else might a debt relief order affect me?
There are a number of ways in which a DRO could affect you.
You might find it harder to open a new bank account while you’re on a DRO, and for a period after it’s ended. Your bank won’t automatically be told that you have started a DRO, unless they’re listed as one of your creditors.
However, some banks check automatically to see whether their customers have been given a DRO. If you bank does find out, they’ll decide whether to freeze your account or let you open a new one.
If you rent your home, and you look to move, many private landlords and letting agencies will require a credit check when you apply for tenancy.
Because a DRO will show up when they run their check, you may be turned down for the tenancy, or charged higher fees. You may need someone to act as a guarantor for your rent if this is the case.
If you feel that you’ve been treated unfairly by creditors during or after your DRO, we can help you understand your rights.
How do I check my credit score?
A number of credit reference agencies offer a free one-month trial where you can access your credit score. Find out about the credit references operating in the UK.