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Volkswagen won't remove default.
In AUGUST 2014, I was visited by a repossession company Anglian to inform me that my car was to be uplifted. Why? I had no idea!! I went straight to the Clydesdale Bank to find Volkswagen Financial Services had stopped taking direct debit payments for my car. After phone calls to VW and more visits to the bank, I was…
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Is it a good idea to close down a credit card I don't use any more?
I'm trying to build up my credit score by the Summer to be accepted for a particular card. I know the number means nothing but I do know the higher the number, the more likely my report looks better to lenders. I currently have a Barclaycard reward that I use for most of my purchases, and always pay my bill in full every…
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Another Pre-Employment Check Question *UPDATE*
Hi, I have searched previous questions like mine and can't really find the answer that I'm looking for. Either there isn't one or the outcomes have never been updated! So, I have accepted an offer of employment at a bank which I'm thrilled about. I filled in all of the pre-employment check questions for the vetting/…
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Credit cards: what's better?
Hi folks, Appreciate this is a bit of a "how long is a piece of string" question, but do you think the majority of lenders (mortgage lenders in particular) would prefer to see a low amount of available credit, or a low utilisation of available credit? I ask because I've been given a much higher credit limit on a credit…
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Ex partners affect on my credit
Good Morning, I am financially associated with an ex partner that I split with around 9 years ago as my name is still on the mortgage of the house that we purchased together. I am unable to remove my name from the mortgage as she doesn't earn enough to have the mortgage on her own. What affect will her credit report/rating…
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Debt Free - do I need to maintain my credit score
I'm happy to say I am now debt free. I don't intend to take out any loans soon, but I wonder should that situation arise in the future and I haven't had any credit for a few years - will that affect my credit rating and potentially preclude me from obtaining credit? i.e. would it be wise to keep a credit card active and…
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Inaccurate data - Same name on report!!
Please Help!!! Over the last 5 years I have been constantly battling with the CRA to remove credit agreements, linked addresses and CCJ’s that are not associated to me. The problem I have faced is that the inaccurate data on my report has my first name and surname and the date of birth is similar to mine (only being out by…
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Why does my credit score keep dropping?
So over the past year or so, Ive been trying to make a conscious effort to pay off my credit card and increase my credit score and improve my report. Last year my score was at about 348. This dropped a few months later as I had begun to use my HSBC credit card again and had a balance of around £700. Since then I have set…
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MSE Credit Club incorrect?
I check my credit score today after joining back in December to see if there was any difference. It shows everything is good apart from credit utilisation , there is says I'm using quite a bit of credit available to me. I find that confusing as I only have 1 credit card and only took that out after my last report showing…
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Creditors applying Default Notice on DMP
Good Morning everyone. For the last 8 years now I have been on a DMP, which was setup with CCCS (now Stepchange charity) after my marriage failed and I was left with around 15k of debt and more than my monthly outgoings could manage. Whilst I wasn't proud of doing this, I have to say Stepchange have been absolutely…
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Does reducing credit limits on credit cards look bad to mortgage companies?
I will be remortgaging this year so I need to make sure my credit rating is spot on. I'm presently stoozing so have debts on newish credit cards which I'm planning to pay off soon. My dilemma is I have a credit card which I've had for 8 years, so good history, with nearly £9k credit limit that I don't use at all - do I…
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Father & Son Credit Rating
As discussed in previous thread. My father uses my address for all his bank and bills. Our first and last name are the same, his DOB is obviously different. His details are appearing on my credit rating, although he has only ever missed two payments on a capital one card so can't imagine his stuff effects mine too much.…
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Credit Score & Bankruptcy
I was discharged from bankruptcy in March 2012 & the entry will drop off my credit file in March this year. My credit score with Experian is 815 which is 'Fair' I do have new credit accounts, which I have had for 3 or 4 years now & all are fully up to date/no missed payments etc. Is my credit score likely to improve once…
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Virgin Money Essential Account for Bad Credit
Hello and thanks for reading. I am currently on a DMP and have a Co Op cashminder account. I may be getting some inheritance soon and I wanted to put it into a different account for emergencies. I explained all this at the virgin interview. She seemed confident I would get the new account. I had a letter from virgin…
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Changing energy supplier - negative affect on credit rating
Hi all, I thought I'd share some information. Back in November I changed energy supplier to save money. What I didn't consider was the affect it might have on my credit rating. Because the energy supplier charges in arrears it effectively acts as a credit account. As you may know newly opened credit accounts have a…
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Applying for mortgage.
Hi we are current about to apply for a mortgage with our bank as they looked into some details and looks like we maybe ok but still have to do application. We have just got in touch with a mortgage adviser and they said print of the free Equifax report and there shouldn't be any debt/missed payments in the last 6 years. A…
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complicated mortgage credit
Hi guys! Long story separated from ex partner(not married) 9 years ago. We had a joint mortgage but as she had two kids I offered to leave and she could stay in the house so they would not be homeless and she would pay the mortgage which she could afford. I had my own 2nd property on a buy to let which I moved back into.…
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British Gas default RE-ADDED after 6 years
Hi everyone I'm looking for some advise please with regards to a default that has been re applied to my credit reports. We had gas and electricity with British Gas back when we moved into the property In February 2009 - March 2009 so literally a months use as we changed suppliers. Anyway they defaulted the account and…
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Equifax Fraud Alert Letter
I recently received a letter from Equifax informing me that they had received an online application for my Equifax Credit Report. According to the letter, the application was blocked as it was suspected to be fraudulent. It also says that the details of the application have been logged with CIFAS. It goes on to suggest…
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CCJ set aside
There will be a lot of ifs with this one. If you have a CCJ is this theoretical possiable. I have a CCJ that's a year old. If i where to be able to get the company to agree. And file a Set Aside notice (think this what it's called), the CCJ is removed.. You go back to court and do it again, but this time pay it off within…
