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MSE credit club question
Dear all, I'm a bit puzzled regarding MSE Credit Club's assessment, specifically the debt ratio in the affordability section. MSE says my debt ratio is only Fair (3 on a 1-5 scale) because "This is when you have less than 1% of the income you’ve told us you have as debt [... ] most lenders prefer to see some credit on your…
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Credit club: Self employed income
Hello everyone. I have been building my credit this year by taking out a credit card and putting my business costs (sole trader) on it and having it paid off by direct debit which has been working quite well so far. In the "Your Finances" part of my profile in the credit club I have rightfully put self employed, however…
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CCJ sent to wrong address i have never lived at.
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Default account on my Credit from EE
Hi All, I wanted to get some advice and if I should pursue my problem further. During my first year in University, I signed a phone contract with EE Orange. After 3 years of being their customer I decided to move to another phone provider. I never missed a payment with them and finished my initial contract with them. I…
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'Missed Payments' from Santander
Hello, I had a student account with Santander that was closed in May 2019. It was an older account that I had forgotten about but was still using the £1500 overdraft that came with it. They contacted me in February 2018 and we set up a payment plan of £100 a month for 15 months to clear it and then close the account. On my…
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Help with challenging default through theft
Hello, I had been a pay-as-you-go customer with Vodafone since 2003 and in 2010, I opened a phone contract with the company. My usual bill was between £20 and £25 per calendar month. On 15th June 2013, I had my phone stolen in Barcelona, Spain whilst on holiday there. I reported the theft of the handset to police (I have…
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Set aside a CCJ
Has anyone done this before..set aside a CCJ? Basically long story short..a few years back my details were used by another person to obtain credit 😡 I’ve been back and fore Experian and the different creditors and slowly the fraudulent information has been removed from my credit file apart from a CCJ!! The CCJ is…
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Experian couldn't identify me
I was looking for a new broadband package and tried Vodafone but the said no because of my credit score.I went to Credit Karma which I was registered to and had an average score there. So I went to Experian and joined and my score is low there. I thought I might join MSE Credit Club, went through all the stages and it said…
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Why would you do a credit rating on parent?
Hi all, Why might a family member have taken a credit rating out on our aged fully compos mentis parent? he had no knowledge of it having been ordered - is it really this easy? is it legal? What are the reasons it might be done? sinister and otherwise!
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Scams - not sure
First time I've posted so apologies if I am in wrong place. I have just had a phone call from american Express telling me that someone has applied for a credit card in my name and that I should check my credit file in case they have applied for others. How would that work if they have to give my address, wouldn't the card…
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CCJ Removal By Consent
Hi folks, Will keep this thread to update you on the progress for anyone else who is in a similar situation or looking to get a CCJ removed. Ive applied for two CCJs to be removed by consent, both parties have agreed and forms have been sent. Its not a guarantee and its likely it could be not upheld. If that is the case i…
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4 credit searches for 1 current account
Hi all I applied over the weekend for the RBS current account with the 2% cashback on bills, specifically not requesting an overdraft facility. I looked at my credit report today and it has come up with 4 searches on the same day relating to that account. Is this normal? It doesn't seem right. And I'm concerned it might…
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personal credit search I didn't do
Hi, I logged into my ClearScore account this morning and found some recent searches by car finance company. I've no car and not planning to buy one, how this search appeared? All I can think of is my ex is the one being searched and because my name is still tied with him due to mortgage, I'm being dragged? I assumed…
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Nationwide partial settlement
Hi looking for some info/help. 2 years ago got 4 defaults as a result of illness and unable to work. I have paid 2 off in full, came to a settlement with nationwide and am paying Lowell back monthly. Nationwide have not updated my credit file to show partial satisfied and is still showing a £4000 balance and account still…
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DMP and credit rating advise
Hi My husband and I have been on DMP for few years now. Sadly, we have decided to separate. I was wondering if I set up a different DMP account with only my debts and pay it off quickly , will my credit score get better. We have a secured loan in joint names and a mortgage. The plan is that he continues to make payments…
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Debt Management advise
Hi, My partner and I have been on DMP past few years and have about 6 years more to pay off everything. However, we have decided to separate. I was thinking of creating a different DMP account and pay off my debts as quickly as possible. Now, he also took out a secure loan agianst the family home and we have a mortgage…
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Help/Advice to get access to credit file and/or get professional support v Experian
Hi everyone - first post today out of desperation. So I lived abroad for a while and so my UK-centric credit file was in limbo all that time. Now I am back in UK and to get access to my Experian 'account' they want a bunch of details of my current address (as if I am a normal householder with bills in the UK and so on).…
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Writing to remove my defaults...?
Hi all, So I have a total of 8 defaults, you read that right. What an idiot I was at 18 and didn't know anything about how it'd affect my life for 6 years. I'd appreciate if nobody judged me on the things I done at 18, because I was stupid and had nobody to guide me to understand what was wrong with getting debts and not…
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Privacy & Free Credit Reports
I have ClearScore and Credit Karma (previously noddle) accounts - to view my credit reports. When Noddle got brought by Credit Karma I questioned the privacy around getting a free credit report. Obviously we need to check to make sure no one is fraudulently creating accounts in our name, Im asking an open question on…
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Paying off default account
Hi, I have a default account on my credit report, it was a catalogue loan I took out 2 years ago, I am finding it hard to get things like phone contracts, sim only plans etc. The balance is at £268, I want to pay if off in full but if I do that will it clear from my credit report or will it still be there? Is there any way…
