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Is it worth it?
Regarding rebuilding one's credit standing, is it worth paying off four year old defaults. The balance is £99 I'm talking strictly business not morals :)
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ongoing default codes
Just a quickie I defaulted on a HSBC overdraft of 53 pounds back in November due to moving house and forgetting about the account! HSBC defaulted me and refused to let me pay the outstanding (I have since written to complaints department saying I want to pay) in november However I have looked on my experian today and…
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Wescot letter claiming I owe british gas
Hi all, longtime lurker here, first time poster just registered today so I could ask a question, there always seems to be good advice on here! I've just received a letter from Wescot debt collectors. It claims I owe british gas £20 (yes it's only £20, but I don't think I do owe it!) from an address I moved out of 5 years…
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Credit search to open a Nationwide Savings account?
I'd like to open a Nationwide savings account (specially a Save to Buy savings account). However I was declared bankrupt in 2010 and was discharged a year later and although it seems odd, some banks actually decline ex-bankrupt's from even savings accounts even tho its savings not lending. Anyway, I'm thinking of applying…
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Default registered by Santander
Hi, To cut a long story short, I was in a lot of financial trouble about 4/5 years ago. I went with CCCS and was on a plan with them for a while. A family friend stepped in and loaned me money to negotiate short settlements with almost all of my creditors. We have since repaid our friend in full. However, Santander and…
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No Credit History, how long does a good one take to build?
Hi, I have no credit history whatsoever, i've got by for the past few years without credit or a bank account and never thought about credit ratings and such like until now, i want to get a mortgage as soon as possible, i've never been on the electoral roll which i have been told is an important part of a credit rating. i…
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I think a defaults wrong, please help
We had some financial problems a few tears ago that we've been paying the price for but are coming to the end. I finally found out about checking my credit rating and have been checking, but I have a default from May 2012 that I disagree with, but I don't know if I'm wrong, could someone advise me please? I took out a 2…
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CCJ hasn't dropped off, when should it go?
We had a few financial problems a few years ago which we've been paying the price for. One thing is a ccj my husband got on the 23rd January 2008. 6 years is up today, but I've checked his file this morning and it's still showing. When will it go? We're currently wanting to move and a ccj will have us declined, so we've…
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CCJ/Noddle
Hello A couple of things: I have 2 CCJs that are now satisfied and are showing as satisfied on my credit rating. How long will these stay on my file. Is it 6 years from the date they were registered or 6 years after they are satisfied? Secondly my credit score hasnt improved since they are showing as satisfied. Why is this?
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Debt cleared on CCJ - need advice
I will try and keep it simple, I got into debt with severn Trent water, I missed payment plans etc. my debt incurred a CCJ The debt has been paid off each week without missing a payment and I'm actually finally in credit with severn Trent before my next bill is issued. However, I believe this is the reason I can't get…
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Default help
I recently registered with experian to check my credit score and try and improve my credit rating with a view to applying for a mortgage at some point in the next 12 months. My credit rating does seem to have been improving as im a lot more likely to be responsible with my lending now i can see directly the effect its…
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How damaged is my credit score?
I ended a two year mobile phone contract with Orange, and closed the account- so far, so good. However, they failed to provide a £22 credit I was owed to my account, despite contacting them twice and both times being told the credit had been applied. Then in December I received a demand for payment from Orange for the £22.…
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linked to a bankrupt person
Hi , I have a question I need answered if anyone can help. My wife has an joint savings account with her father, there is about 2 grand in there which is completely her father's. Her father is in the proceeds of going bankrupt, will this affect our financial credit ratings or any thing else at all
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Credit Agreements
I'm helping a relative sort out their poor credit rating. Essentially he has been seperated from his wife for some time, went to apply for finance and found he had a poor credit rating due to overdue online shopping accounts that were in his name. The accounts were opened when he was still with his wife but he had no…
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Defaults - Pays to check your history - Need help!
Having a bit of difficulty with a credit company and would like some advice. Potted history is below, but my key question is if this finance company are behaving incorrectly. * Had credit problems a few years back. * Had a few CCJ's and also had a DMP. * I was able to clear all of my debts about 18 months ago, all accounts…
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LLoyds Bank wrong infromation on credit file
I wrote to Lloyds tsb in September 2012 asking them to update my credit file to show the correct information. I received a letter from them saying it would be done within two weeks. They updated it to show the account satisfactory and the date was amended to the correct default date. I was then able to obtain a mortgage. I…
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AR Status on Credit Report
Hi, Should an 'AR' (Arrangement to Pay) status show on your credit report until the debt is paid off in full? - or would this fall into the same category in the ICO guidelines stated in other posts: Accounts should not be routinely filed as being in default where full payments or those due under a rescheduled agreement are…
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Credit file date anomaly
I held a MINT(RBS) credit card from 2000 until 2006 when I was unfortunately made redundant. I was unable to keep up my payments and I believe they sent me a default notice (which I have mislaid) I tried to make token payments for a while but was unemployed and not able to keep this up. In March of 2008 I was advised to…
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Late payments from 7+ years ago
Hi everyone, have recently obtained our credit reports from Equifax and I'm a bit confused with something on hubby's report. I thought late payments dropped off the report after 6 years, but his report is showing late payments from 2007 and before. I'm a tad upset at him really - we're going to be applying for a mortgage…
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Effects of defaulting on mortgage?
Official MSE Insert: If you've arrived from Google, our Mortgage Arrears guide may be helpful. Back to the original post... Hi, We're in a tricky situation. Recently my wife resigned her job due to stress, planning to become a consultant go solo. However over xmas she had a nervous breakdown and was hospitalised. She is…
