Wonga - nightmare

dannyfleetwood · 20 May 2012 at 10:25PM

Anyone had any luck removing Wonga from credit file?

I am pretty ok for money since promotion at work but Wonga was always helpful if I needed some extra cash. I didnt expect though for 15 Wonga loans to show up on my credit file.

Any tactics I can use?

I will be debt free within the next 6 months and I am working hard to re-build my score. Wonga, I feel will now hold me back for the next 6 years!!

Tixy · 20 May 2012 at 10:32PM

No way to remove them from your credit files no.

The 15 accounts - do they show you paid them all back on time, first time? If so then they shouldn't hold you back for the whole 6years they remain visible.

If you don't use any more for a couple of years and in that time start to build up a regular credit rating (something like a subprime card or a catalogue account if you don't have any other open accounts), then they shouldn't hold you back longer term.

If you defaulted on any then they will likely have a big impact for longer.

pippitypop · 20 May 2012 at 10:47PM

I have them showing on my report. It's a real pain in the butt as my credit score is "Good" however, lenders will still view them quite rightly as a stain against my financial character. Just make sure the Wongas have stopped and you manage your other finances well and you'll be fine.

thatsthewayitisin2012 · 16 August 2012 at 5:37PM

dannyfleetwood wrote: »

Anyone had any luck removing Wonga from credit file?

I am pretty ok for money since promotion at work but Wonga was always helpful if I needed some extra cash. I didnt expect though for 15 Wonga loans to show up on my credit file.

Any tactics I can use?

I will be debt free within the next 6 months and I am working hard to re-build my score. Wonga, I feel will now hold me back for the next 6 years!!

Hello, Yes you can, I have just had 13 removed. Told wonga I was getting declined because of this and it is showing signs of financial distress. Although wonga said it would be positive on my profile but no it was NEGATIVE. call them up explain you have been declined. Systems update experian around the 8th of every month!!!!!!!!!!

blue_pied · 29 July 2014 at 5:26PM

Hi thatsthewayitisin2012
My daughter took some Wonga loans thinking they would boost her credit rating. We have just sent them an email asking them to be removed. Fingers crossed. If there's any additional info you could give us we be very grateful.
Thanks

R_P_W · 29 July 2014 at 6:15PM

Sorry but why would anyone think taking a pay day loan would boost a credit rating?!

A loan that literally screams I can't manage my money well enough to my next pay day?

Kate_fixing_it · 29 July 2014 at 7:45PM

R_P_W wrote: »

Sorry but why would anyone think taking a pay day loan would boost a credit rating?!

A loan that literally screams I can't manage my money well enough to my next pay day?

They were originally marketed as helping credit files in the early days. I believe they received a slap on the wrist for it and removed the statement from their TV ads. I still think they need much more regulation and possibly banning from the media. They simply don't provide enough information on the long term impact of their use.

Kate x

Fridge03 · 30 July 2014 at 9:12AM

Have people had much success on having them removed?

I have a couple on there from 2011 and my stupid days. I'd love for them to be removed but didn't think that was possible?

I too remember advertising from wonga (and others that are still doing it) saying they can help to increase your credit score!

Wonga - nightmare

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