-
Credit rating question
Hopefully someone can give me a bit of advice...I am on a DMP with Stepchange.It is being managed well and payments are up to date and none have been missed. Obviously I have a poor credit rating,but I am also self-employed. I need to get a van for the business and was considering contract hire. The business can afford…
-
Wrong/Fraudulent info on file?
I checked my file today using noddle and all looked good except there is an open file with a credit co which has been defaulting for 3 years! The transaction appears to have been made after I split from my ex in Oct 2013. The account is registered in my name but at his address. The worst part is its only for £22 but as it…
-
Utilities companies with different credit requirements?
Hi all, This may not be the correct forum for this thread and the issue straddles two topics: credit ratings and utilities companies. If it's in the wrong place I trust a moderator will move it. I was recently denied a new contract with a utility company because of bad credit (actually Experion rated me 'fair' but…
-
Settle open credit card?
Hi guys, I recently got refused a utility contract thanks to bad credit. Slightly ironic as I recently got accepted for a Virgin Credit Card with an £8,000 limit (obvs this was a contributing factor to my unexpected lower score) with a 0% interest rate which I've used to finance home improvements. I'm now close to the…
-
Refused credit despite good score
Hi Both my partner and I have recently been turned down for car finance with RCI. They used Experian for the credit search. We both have scores of 888 which comes up as Good, neither of us have any defaults and are on the Electrol role. I think the issue we face is that due to my job over the last few years I have had to…
-
Will having a water bill in your name help build your credit rating?
That's it really. The idea being to help build the score of someone who doesn't have any credit cards or bills in their name or anything much else to get a good rating from. Hopefully it's a simple and quick question to answer (apologies if it's bordering on being a daft question but I've not really found the answer…
-
Advice needed on my credit score
Hi I have recently joined as I can see that the forums are really helpful and supportive and I need some advice. I have a credit score of 316, I have 4 accounts in default and a total of £6296 debt, I am in the process of working through the debts and paying them all off. There are around 3 more years before I will have…
-
Incorrect data on credit file
Hi all I am looking for help and guidance with regard Lloyds recording incorrect info on my credit file. Basically I had to take out an IVA in 2009, this has been completed satisfactorily and removed from the insolvency register. Now, here the problem starts, a Lloyds credit card was part of that and they are still…
-
18 Years old, looking to build credit? (HELP / ADVISE / GUIDANCE)
Hi all, So i'm 19 in JULY and in a serious relationship to which we are starting to save to move out etc, i'm quite old headed and very responsible but wanted some advice on building credit as i know no credit is as bad if not worse than bad / adverse credit. So KEY things about me; I have a bank account, but thats the…
-
Santander Arrangement to Pay
Hi all, Got a wee query about how an arrangement to pay is recorded on my credit reports. I entered into an Arrangement to Pay with Santander back in March 2012 – this arrangement has been ongoing until last month when I made a lump sum payment and settled the account. On my credit reports, it reports as AP for March and…
-
Removing Default off My Credit Report, Please Help
Dear All I hope that you are all well. I have created this thread to seek advice on removing a default off my credit report. Your assistance is deeply appreciated. So this is my background story: Whilst studying a masters degree, I decided to open another bank account with Barclays so I can use it as a savings account. I…
-
Pay off Overdraft or Loan.
Hi, I have a £5,000 over draft and a loan on £4,700. Come October I will be trying to re mortgage my house. I'm on a crappy deal at the moment of 4.99% (only had 5% deposit) and was hoping to get a better deal. My house has gone up 20% in value since I purchased it. Anyway, I have just got a £5,000 bonus. It terms of my…
-
joint debt, the Ex's name was mentioned with my new address
Dear all, Could you please advise if possible. We split up with my ex 18 months ago and I moved out from marital home where we have joint mortgage for. My ex was not able to make payments and its in arrears now. The house is for sale at the moment. The mortgage company sends letters to my new address but they are fully…
-
Is business overdraft debt going to affect my credit?
Hi I closed my ltd company last year and there is an outstanding overdraft of £1000 for my old business account. The bank - santander, have said that I signed a personal guarantee at the time of opening the business account. I also have a current account with the same bank but its not my main current account as I use an…
-
Best course of action
Ok so my files are now clear after a bankruptcy back in 2009, bar noddle who have two defaults showing the wrong date, now way back when I cleaned my files up I made a complaint about creation financial with the ICO and 8 months later got a reply to say that they need to change the dates and they did this, come November…
-
Missed payment (Sainsburys Energy to British Gas)
Hi, We switched gas/electric from Sainsbury's Energy (British Gas) to British Gas last December. We provided Sainsbury's a last metre reading and cancelled the last direct debit. We then received an email final invoice on 26th December which gave us 14 days to pay. Unfortunately with it being Christmas the email was…
-
Credit Score Very Poor - Unpaid Defaults
Hey, I'm new to posting on Money Saving Expert, but I often use the great advice I read on this forum - I'm hoping you all will be able to provide me with some good advice! Basically, my credit rating is very poor, and when I say very poor, I mean around the 200 credit score mark. I have a satisfied CCJ on my file which…
-
Returned to uk.Will our score go up?
Hello I've always had a very good credit score but moved countries for 3 years.Now I have returned with my wife I got refused for even the lowest amount of credit.I've done all the right things like enrol on electoral register and pay regular bills but even after doing this I got refused for a small loan.My wife has credit…
-
ID theft - dealing with Stress and inconvenience
Experts Recently my details were used to apply loan accounts, bank accounts and phone contracts by some impersonating my ID. The biggest mistake of my life - I'm an ex-talktalk customer and from the research I've done all the pointers point to that my details were leaked during talktalk data breach, although it can a…
-
Debt collection agency
Hi there, I had a call from a debt collection agency (Moorcroft) today. They wouldn't speak to me because I would t confirm who I was. Anyway, I did some digging and found that Southern Water sell debt to Moorcroft. About a year ago, we moved out of our flat, and had a final meter reading and subsequent bill, which I paid…
