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How much over the minimum payment should I pay to avoid getting the 'marker'
Hi there I took out a "0% for 24 months" credit card with my bank in October last year (Lloyds). I decided to pay the minimum payment until just before the offer ends and then pay off the balance in full. Thought I'd just keep my savings to myself for a while. I've borrowed 4,000 but the credit limit is 11500 (an amount I…
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MSE Credit Club - affordability score?
Hi all, I get the monthly MSE credit club emails and always log in to check my report. For the last few months (possibly longer), it has been telling me my credit score is brilliant (999 this month, apparently) but that my affordability score is "very weak". I just don't understand the affordability score. When I click on…
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help with strange info on report
Just before my husband and I applied for a mortgage we checked his credit rating on both Experian and Noddle. That was in January. The other day I had a look at his Noddle report again to see if the lender's search was showing and if it had any affect on his rating there. I didn't see the search from the lender, but what…
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old credit reports - default date moved
Hi, Does anybody know if there any way to get hold of old credit reports from say 18 months ago? I am sure a creditor has moved the default date but I cant prove it as I dont have a default letter.
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mortgage with out of date credit file
Hi all I used my credit card last month to make a big purchase as i wanted the buyers protection from the card. The balance was paid off 10 days later but today i have checked my experian report and it has updated to show i have this balance on my card :( I want to apply for a mortgage next week how will this affect it? I…
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New to UK - Credit Rating needed!
Hello, my wife recently moved to the UK for the first time. She has no credit rating in the UK as she lived in Russia since birth. I want to help build up her credit score as quickly as possible. She tried to apply for a mobile phone and credit card but is really struggling. She doesn't have a bank account yet as I am not…
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Best option to reduce credit score impact
Hi, I need some advice. I’m unsure of the best course of action for myself. Due to unforeseen reasons I had to take use of a Barclaycard’s Money Transfer offer – transferring credit into cash at the end of last month. The cash offer is at 0% interest for 12 months, but any additional card usage for this time is charged at…
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Top credit score - refused credit for being honest!
I recently applied for a new mortgage and it was refused. I eventually discovered that the problem was caused by the fact that I pay off my credit card bill in full each month. On the application I was asked for my credit card balance, and gave the balance as it was on the date of the application (at the beginning of…
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Checking my credit score etc
Hi When a loan company or similar performs a search on your financial history using a credit ref agy it will often impact your credit score. Is this also the case if I were to sign up to say check my file to check everything is correct and up to date? I would like to check my file before my mortgage provider has a look and…
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Getting more compensation after Barclays refusal to update credit file
In April 2016 I settled an outstanding default with Barclays. They cashed the cheque within days. They did not however update my credit report with credit associates including equifax etc. It impacted my ability to get on the property ladder and for months I was told my case was a priority. It took the involvement of the…
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Financial link
Hi all, My fiance and I have been saving to buy a house soon. I have a previous bankruptcy and repossession but he has a great credit history. We had considered getting a mortgage in his name only so that my history doesn't adversely affect him. However the mortgage advisor we have been dealing with thinks we may be…
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Registered address mismatch
Hi everyone! I have a bit of a situation and am after a bit of useful advice. I bought a property with my ex partner a few years back. We have since split and we are now looking into removing her name from the mortgage. She moved out and I have been paying the mortgage on my own for a while now. Due to the nature of my…
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Clearscore taken a nosedive
I was stupid and got myself in a bad position last year. Ive been working my way out and up since then. I have been tracking things on Clearscore and my numbers have been going steadily up from 368 in April '16 to 418 in Jan '17. Slow but up is up! I took out a mobile contract for my son who's not 18 yet - my score in Feb…
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Correcting errors in the MSE Credit Club credit report
I am trying to correct an error on the credit report. When I go to the FAQ, it tells me "If you spot an error, using the Experian 'Need some help' support, you can query any entry you feel is incorrect and Experian can then look into this for you." But where do I find the Experian 'Need some help' support? I have tried…
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7 credit cards, High utilisation, Best way to clear?
Hi there, I'm need of some advice and thoughts please. I presently have 7 credit cards all close to their credit limit. I am shortly going to be in possession of a large sum of money and considering doing the following. 1. Paying them all off 2. Cancelling some The question is what is the best strategy to boost my credit…
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Advice required
Default Advice needed. Basically I have been on a DMP for a while now and though it still has a way to go before it ends a lot of the defaults on my credit report are due to fall off in the next 9 months. This would then show only £3000 of debt on my file. I was hoping to try and settle this amount in the way of a full and…
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Apple iPhone upgrade program - failed credit check
Today my credit check failed when applying for the iPhone upgrade program, which is done through a loan with Barclays. Since I got home, I have requested a copy of my Experian credit report (which is the provider they use) and updated my address on the electoral roll. I was ineligible for the free MSE credit check service…
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DMP on credit file
Good evening, I was wondering if I could get some advice. I started a debt management plan in December 2011. As a consequence of this I received a number of defaults which will likely fall off of my account early next year. However, there were a few accounts (Barclaycard, Vanquis, MBNA) who instead of defaulting me, added…
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Missed Payment
My free Experian Credit report says I have a missed payment. How do I find out the details of what this might be?
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Getting creditor to change default date?
Hi I entered a Debt Arrangement Scheme (DAS) Scotland in October 2011. From this I now have 3 defaults my credit file. M&S and RBS have marked default from the date I entered this scheme (27.10.11) however MBNA have marked the default April 2012. I have just had a baby and we are desperately hoping to be able to get a…
