Loan - Not Mine

axel132132 · 7 October 2017 at 10:58PM

Hi All,

My girlfriend is having a few issues with her credit report for a loan.

Basically when she was younger her mum took the loan out in her name and never repaid it - we did a credit check and this revealed this. Her mum has admitted it and has also said she will pay it of so debt collectors don't come etc.

Now this is all good and well (Its only 400 quid) - But it has affected my gf credit now and we are wanting to look for a mortgage.. Her credit is 12 on Experian

We want to get this removed and obviously ringing the loan company and explaining what has happened will get it removed I guess BUT we don't want to put her mum in a situation where she is going to get in trouble by the police for false taking a loan out etc (FRAUD)

SO basically is there a way where we can say to the loan company remove this from my credit file, add this onto her mums with her permission as it was her loan and don't take any action for the fraud part of the transaction and let her mum start paying it of direct to the loan company (Provident)

Please help as with her score the way it is we wont get a mortgage.

BrassicWoman · 7 October 2017 at 11:18PM

she can ask, but I would not expect to have it both ways; either you shop mum for fraud or you live with the effects of it. You don't get to just ask people to accept mum's a criminal and get away with a cheeky grin and a "sorry."

axel132132 · 7 October 2017 at 11:20PM

What I was thinking damn, just thought maybe because of how low it was they would allow it lol

worried_jim · 7 October 2017 at 11:31PM

Call the police, its the only way to stop her doing it again. She's a criminal and needs to stopped and punished.

System · 8 October 2017 at 2:24AM

axel132132 wrote: »

What I was thinking damn, just thought maybe because of how low it was they would allow it lol

The amount is irrelevant. A credit file has to show accurate facts and until it is reported as fraud the accurate fact is your GF has taken out a loan with a doorstep lender and defaulted on it. Your GF needs to decide how important being able to get a mortgage or any loans for the next few years without having to resort to the likes of Amigo is in comparison to how much she is prepared to let her mum get away with shafting her life and thinking nothing of dropping her daughter in it.

Personally if it were my mother who had done it I wouldn't think twice of reporting it because she obviously would have thought so little of me and cared so little that she saw no problem doing this.

DCFC79 · 8 October 2017 at 7:52AM

How long ago was it taken out ?

Pixie5740 · 8 October 2017 at 8:20AM

Is the loan showing on your girlfriend's credit history? Note that's history and not score.

As for Experian only giving her a 12 who cares? Experian don't lend money.

jonesMUFCforever · 8 October 2017 at 5:53PM

Pixie5740 wrote: »

Is the loan showing on your girlfriend's credit history? Note that's history and not score.

As for Experian only giving her a 12 who cares? Experian don't lend money.

To get a score as low as 12 there must be other defaults, late payments etc surely so one more is unlikely to make much difference.

Candyapple · 10 October 2017 at 12:43PM

http://forums.moneysavingexpert.com/showthread.php?t=5650944&highlight=cifas

Post #11. There is no other way if you want to remove the information and be able to get a mortgage.

Loan - Not Mine

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