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Defaults on Noddle
Hello Team! I have signed up to the free credit report via Noddle, but slightly concerned that any debt in the DMP is shown as a default every month they receive their agreed payment. Is this normal? And does this affect the date that the defaults are removed form your credit file (6 years i believe) .. Any help would be…
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restart the clock
asking here rather than the motoring/parking ticket section many private parking Cos are sending "speculative" invoices for money , they know that if the go to the county court they will be shot down in flames as the new system came into force in October 2012 with the introduction of the protection of freedom act , they…
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Perfect credit score and eligibility checker and still declined credit
Having identified the Halifax Clarity credit card as the one most suited to me, I performed the MSE eligibility check which returned a 95% likelihood of acceptance. I an online application and also used the Halifax eligibility checker which indicated an 80% chance of acceptance.My application was declined. I have a number…
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Credit Score Increase?
Hi, Firstly I appreciate credit scoring is a bit of a lottery, but I am curious how much my credit score could possibly increase realistically in the next few months based on recent positive changes to my circumstances. (As I am looking to apply for mortgage with Nationwide ASAP, and raising my credit score is the last…
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Bad credit rating - advice
Hiya, I have a really bad credit rating - Noddle says '1/5' and a score of 496. This is well deserved. I have 3 defaults on my credit file - two of which have been paid off and one which I have a payment plan for. I plan to clear the last one by the end of the year - although, they still stay on file for 6 years. I am 24…
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Switching current accounts - hit on credit rating?
I'll be looking for a mortgage in the foreseeable future, but this could be a good year or two. It's very tempting to take up some of the cash offers floating around for current account switches, in the meantime - but how much will these hurt my credit rating/affect my prospects? I'll be buying with about 50%+ deposit - so…
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Default on credit report
Hello, On my credit report I have 2 defaults that I have just paid off completely. I understand it stays on the report for 6 years from the default date but will paying it all off improve me report/score in any way?? Craig
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Duplicated Default on credit file
Hi. I'm hoping to get some advice, as I'm pulling my hair out here. Below is a very quick snapshot of main events. * In April '10, I was approved for a loan with Sainsbury's Bank of £2,200. * I missed every payment I was supposed to make due to personal financial difficulty * I finally started paying back the loan at the…
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Captial One debt sold to Cabot
Hi, I received a letter from Cabot today regards an old Captial One credit card which tbh i had completely forgotten i ever had. It is registered to an address i lived at nearly 10 years ago. This is the first letter i've had about it in that time . Is this debt statute barred now and should my next step be to send Cabot…
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Dealing with bad credit (applying for mortgage)
Around five years ago, I changed jobs and moved the the Netherlands. At that time I had a credit card balance in the UK, a loan with the Halifax, and a credit agreement with Creation Finance for a computer. Soon after my move, I paid off my credit card and loan, but I forgot about the credit agreement with Creation. I had…
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Excellent Credit Score but refused Credit
I am after a bit of advice..... My Partner applied for Credit at PC World/Currys, for the Buy Now Pay Later scheme, we decided to that instead of paying the money straight out. The Company they used was Creation Consumer Finance, and he was declined the credit. We were advised by PC World/Currys to contact Equifax for my…
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Debt worries
Hi everyone - can anyone help. My husband and I are both weighted down with credit due to a sudden situation that meant we had to take out every available credit card and loan we could. Our 0%s are now coming to an end and although we can make our payments in the short term we are worried as our work has dropped off due to…
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Credit file updates
Hi everyone, I am about to pay most of my card and catalogue debts off. My query is how often are the reporting agencies updated? I really want to see if this makes a good change to my credit file. Then I can focus on reducing my spending and prepare to re mortgage. I have approx 2500 of debt and a poor score. I have a…
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Incorrect Default date, part 2
Some of you will be aware that I have a debt with Northern Rock that is now being handled by Cabot (Marlin) that was defaulted twice (first debt defaulted, PPI refunded, new loan set up with remainder of debt, this also defaulted). I wrote to Northern Rock earlier this year to have this corrected, and they upheld my…
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Credit Angel
Just heard about this site, providing credit referencing data from CallCredit. Has anyone heard of it or used it? It's free for 2 weeks then chargeable, I'm just wondering if it's worth signing up for the freebie to check everything is hunky dory.
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credit rating big drop
Hi, I remortgaged at the end of May, then applied for a new bank account and a new credit card (all accepted). Now my Experian rating is showing as Poor, how can that be? I mean I know I applied for credit so that should temporarily lower that score but really, from Excellent to Poor? In 2015 I applied for some transfer…
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Mortgage Application and 5 year old debt randomly appearing - please help
Hi all, I was wondering if someone could please share some knowledge on this. I checked my credit file and found that an old loan (which I am still paying off) has appeared. This was originally a Credit Union loan, which was closed in April 2012 and then transferred to a Debt Collection Agency. Since this has occurred I…
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Poor credit score after >6 years IVA
Please can someone help me? I had an IVA in 2010 that was satisfied in 2012. My credit file with Noddle has now dropped this information as quite rightly it is >6 years but my score is still very low at 554 which is right in the middle between Very Poor and poor. I have 2 credit cards that I use only because I thought it…
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Good but bad credit score ...
Hello there. I have usually always had a good credit rating - I have never missed payments, I've got a mortgage, am on the electoral role, etc, etc, etc. However, I am finding lately that I seem to have a bad credit score and soft searches seem to give me no chance of getting anything !!! I have looked on Experian and I am…
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Can I prevent fraud by blocking my credit file?
Hi, A long time ago I heard Martin on the radio talking about preventing credit fraud. He said there was a way of writing to the relevanmt agencies and this would ensure they would have to contact you before furhter credit agreements could be accepted. I can't remember how you go about this, but since I don't plan on…
