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Panicking about drastic drop
I checked my experian report on weds and my score was at 895. I was ecstatic. I've worked really damn hard over the last few years and the only debt I have now is a cap one cc and my overdraft. I've logged in today and its dropped to 469!!! !!!!!!!!! I moved in to my boyfriends house 10 weeks ago and this weekend was…
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Bank error
My bank have not updated my credit file for 4 years and I have 2 accounts registered at an old address. I have called them and trey said I would be contacted within 10 days by the appropriate department to discuss what they could do. In the meantime I have a mortgage application on hold and if this causes a delay I could…
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How far lenders an see?
Quick question, How far a lender can see hard searches made on your credit file? Experian is saying hard searches in last 6 months will affect, but any searches before last 6 months doesn't matter? Is this true?
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Credit score update
How quickly do your credit scores change? For example if I cancel some unused credit cards today will it change today and therefore be different when applying for a loan?
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CRA and Housing Associations
Need advice re my housing association teaming up with Experian . Apparently my rent payment details will be sent to this company to help build up my credit ratings, not just mine, but everyone who rents from this association. I'm fuming over this as apparently " tenants reps" agree this is a good thing. Do I have any…
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Credit check for car insurance?
Just took out a motor insurance policy, paying all in one go, using a pre-paid card. They did a credit check. Is this normal?
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Living Abroad - Wanting To Buy In UK Credit Score / Mortgages
Hi all, Thanks for reading. I moved to Qatar recently with a view to saving money up for a house back in the UK over 5 years. On checking my credit record it's like I've fallen off the earth. I had some severe debt which has been repaid in full. The debt obviously hit my credit score hard and appreciate it would have taken…
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Credit Score Improvement (Credit Cards)
Hello, A quick question if I may, hopefully it doesn't sound like too stupid a question either! I have two credit cards, one with a balance of around £800 and one with a balance of around £4,000. For the last 3 years I have been paying them off (from a lot higher), haven't used them at all, and I have no cards left to use.…
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Default on Credit File Compensation Amount
I recently queried two defaults on my credit file. I went into a debt management plan and thats why I have the defaults. Is this correct should I have got a default in the first place? Now my bank is saying that I did not receive notification of one of my defaults by letter and are offering £150 compensation - is this…
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Default on credit file - Who owns this debt?
I'm hoping I can get some advice on my current credit / 'debt' situation. In October 2014 I email Avon saying I had left the company in January 2014 but was still receiving emails / phone calls because someone else was using my account. The email / phone calls stopped so I assume the matter resolved. This month I started…
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I just got two late payment notices on my credit file off United Utilities
Which has lowered my credit rating badly. I have spent the past four years paying my debts in order to get my credit rating up in order to get a mortgage in the next few years, now I have had this my credit is right back down in the two hundreds. My issue is that I paid my bill as soon as I was aware I was in arrears,…
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How do credit scores work?
Hi, I'm new here but I have question about credit scores. Now an excellent credit score is considered to be around 700-800 (don't worry I know I'm not getting that over night 😊) so surely having no credit history at all means you must start at 0. Maybe I'm being dumb but bare with me as I'm about to start climbing that…
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Credit cards and credit report
Hi all, Long story short, I met my partner in 2005, he opened up with my knowledge about 8 credit cards in my name as he had poor credit, we had a good income and paid them off. Then we used them again and got into financial difficulty through him not working. I stopped having contact with these credit card companies in…
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I settled my IVA but don't seem any better off?!
Hi, Can anyone give me some advice please? I settled my IVA back in may, 2 years into the agreement, but my eligibility for credit seems no better? I took out the iva when I was out of work, but have since been employed for over 18 months in a secure job and have paid back what I owed instead of dragging out the IVA for…
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How regularly can credit searches be made before it is detrimental ?
How regularly can credit searches be made before it becomes detrimental to your credit worthyness ? Would one search on each of the big three, be better than three searches on one agency over the same period of time ?
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Capquest - account regarded as default or delinquent
A Capquest debt on my Experian credit file. It has only just appeared 9/8/15. I have never dealt with Capquest or defaulted on an account with anyone. The default date is 19/4/2010 The debt type is Communications. Can this be removed because it has passed the 5 year statute limit or are things different for communication…
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Do applications for bank accounts require a credit file search ?
I know credit card applications require credit file search. Do bank account applications also require a credit file search ?
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Clearscore - anyone else tried it?
MSE Insert: Check our Clearscore info and credit score guide for more help. Back to the original post... Hi I have set up a ClearScore account and wondered if anyone else has used it and if so how accurate you have found it. Under my report overview it states a negative against me is that: "You have exceeded your credit…
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What is seen by prospective lenders?
A quick question to satisfy my curiosity When a search is carried out on your file by a prospective lender do are they able to see which other companies you have credit with, or do they just see the financial information? Thanks in advance
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Default and Credit Building
Hi all, not sure if this is the correct place to ask, however I'm looking for some advice on my credit file and rebuilding my credit history. My husband and I finally paid off all our credit cards and loans through a DAS scheme - and as we defaulted in 2010 our credit files should show completely clear by early next year…
