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Can I repair the damage in time?
My wife and I are looking to buy a house together in 4-5 years time but I have a terrible credit history and am worried that it's been damaged so bad that it won't be good enough to get a mortgage..... Bit of backstory first.... I am 35 and have been terrible with credit for the last 15 years (could kick myself now)....…
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Ccj
Hi all. Hopefully someone can help me. A good few years ago my ex girlfriend took out a load of payday loans in my name. These were paid into a joint bank account. I only found out about them after we separated. As I had no way to prove that it wasn't me who applied for the loans, I paid them all. Well so I thought. I've…
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Just turned 18, need help!
Hello all, So, on the 19th, I turned 18 and wanted to take out a phone contract. So on the 20th, I applied for a contract with EE and got rejected, then I got rejected four more times from o2, Vodafone twice and EE again. This is because third party websites like carphone warehouse wanted to keep trying for me and I said…
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GREENWOODS finance
Hi all, looking for some advice if possible. Myself and my partner are looking into getting a mortgage however I took a loan out for my mum almost 4 years ago from Greenwood finance, I signed the paperwork and provided my address details etc which I am not disputing however the payments were never collected from my address…
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Got credit card, what next?
Just got my first credit card in 20 years, hopefully I can start to rebuild my credit history. The MSE guides seem to be a bit vague on what I should do next. It does say use your card and pay it of every month. This might be a stupid question but what shows up on your credit file? Does it show how much you spent each…
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Vodafone mossed payment
Hello Me and my Gf are going for a shared ownership mortgage. My credit raitng shows as very good and hers shows as poor. This is due to some missed payments from Jan -June 16. She spoke to Vodafone and they say there is nothing to pay and she is in credit £21 ( balance showing on credit file) and this is being refunded to…
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Credit report merging records from 2 different individuals
Hi All, This is my first post to the MSE forum, so please excuse me if I have not posted it correctly. Please point me to any existing posts which is similar to mine. I shared a flat between 2008 & 2012 with someone who share the same DOB! and have quite similar name (e.g. - my name is ‘Masum Vwxyz’ and his name is ‘Md…
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Student Overdraft
Hi all :) I have a student fee-free overdraft with HSBC. I am currently in the overdraft and have been for a few months. However on both clearscore and mse credit club the balance is given as £0. Does this mean the fact that I am using the overdraft is not being reported to the CRAs? TIA :j
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Default on arrangement credit card
Hi everyone, I would like some advice please. I got myself in a lot of credit card debt afew years ago, I paid it all off about 3 years ago as I was on an arrangement with CCCS (now Stepchange). I paid more when I could and less when I couldn't. I had about 10k worth of debt on my mbma account (I had other cards and paid…
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Will an arranged overdraft affect my credit file?
Hi all I'm hoping someone might be able to help. I've recently become serious about sorting out my finances after years of payday loans, buying on finance and living out of an overdraft. My overdraft is relatively small (£300), but I have been regularly (every month) nearing my limit (and occasionally going over! :eek: ).…
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Drop in Credit Rating Due to Credit Card Provider Error
Hi, New to this forum. I would much appreciate some help on a matter I am having with my credit rating due to an error by my credit card provider. I got my first credit card with Barclays last November for the sole purpose of helping my credit score. I set up my direct debit and activated my card by withdrawing £20 from an…
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Credit Search
How can i tell if a Building Society has done a hard or soft search?? All i have is a date, search reason, which says Credit Search, the Building Society name and then in the final column it says Search Type which says "opt out"... This is with Equifax Thanks...
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Watch out for British Gas
I was a Sainsburys Energy (British Gas) customer and swapped over to another supplier. I handed over the final meter readings and waited for the balance. The balance came to over £500 so I phoned up to query as you would; we had been paying direct debits for a year. The customer services confirmed and said not to worry as…
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Affordability with joint mortgage
So, like many people I have a joint mortgage with my other half. We got it on as short a term as we could afford, to pay it down as much as possible during the fixed term. This had the benefit over just overpaying of a) stopping us from not bothering to overpay and b) meaning that we still have our 10% overpayment…
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Searches on Credit File - Am I up the creek?
After a debacle in our own bank where they have turned us down for what should have been a straightforward loan adjustment - today they will have put two checks on our file. One was a decline, the other was an accept at a stupid rate. If I go now to another bank or online lender, to try to get a loan to sort this whole…
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Credit File monitoring - do I NEED to subscribe at great expense?
Hi all, this question may have been posed before. I run my own business, and I have a paranoia about keeping my credit file clean and in the best possible state. I fear if it was not, this could impact on my ability to raise finance for my business, as well as when I next need a decent mortgage etc. So - I subscribe to…
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Missed payment error - how to amend?
Hi, A network provider (iD - Carphone Warehouse) made a mistake with my account. I wanted to move tariff, but they didn't support this at the time, so I had to cancel my account and sign up again. However, the first account didn't get cancelled and to my surprise I received a letter in the post from a debt collection…
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Building up credit rating with credit cards - help please!
Hi everyone! I am a young man with no debt, loans or really any credit history of any kind. One day I'd like to buy a house, and I'm aware that this can cause problems/higher rates when trying to get a mortgage. Therefore, a couple of years ago with the help of MSE I applied for and got a couple of credit cards (Aqua…
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Bad Credit Score?
I have just generated a new Noddle credit score and its giving me a score of 589 which is 3/5? I have never missed a payment, been at my current address for well over 15+ years, on the electoral register. I am stumped as to why its so low? I do have a car on finance (again never missed a payment for it etc) & a credit card…
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Default truly satisfied?
Hi folks. I've had a default on my file back from 2012 for £14. However, it's been showing as satisfied in my credit reports for the entire duration up to this date, with no money owed in any reports. I was worried that this may mean the debt has been sold, and that it's technically satisfied for the lender, but still…
