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DMP Advice
So due to my gambling addiction, I managed to get my family into a complete financial mess in the early part of this year. I am now clean and have been for 5 months. My wife and I are on a DMP with Step Change and we make the monthly payments. We are about to sell our house and will have enough equity to pay off ALL debts…
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Credit Card Default
I managed to allow a credit card account to default due to a combination of doziness, too much on my plate and failing to update the address they had on record for me after I moved. As soon as I was alerted to it by a CRA I paid the account off in full. Am I now stuck with this on my credit file for the next 6 years or can…
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Debt Collection Question
Hi, Quick question. I have an old CCJ from 2016 which im trying to pay off. I got a letter today offering me a 75% discount for this CCJ from the debt company. The CCJ is from the debt company and was for an old credit card. My question is - do they debt company own the debt and is the reduction from them? Or have the…
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Credit Report 'U' Status - TalkTalk
Hi all, I recently moved house and job. As such I changed my billing date in August. This meant payment was changed from 28th Aug to 8th Sept. This was paid around the 6th Sept. TalkTalk have updated Equifax and for August it is showing as a 'U'. Is this a negative on my report? I am in the process of saving for a mortgage…
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Statute barred
Hi all, I have a bit of a shakey credit history, I dont live in the UK but I possibly intend to return hence my question. I did try and pay off everything from 2010 to 2014 but the interest I was paying wasnt moving the debt and I was paying £550 a month, had really bad advice so I simply gave up and went off the radar. I…
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Got duped into agreeing to an Arrangement to Pay, considering my options
Hi all, Long time lurker here! Hope you’re all well. So, my case is rather odd and I could really use some guidance. Yes, reader, I have indeed written that I got myself into entering into an Agreement to Pay. I truly mean that and I am now afraid of the consequence of that (I was told by the creditor that there’d be none)…
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Lloyds Overdraft Default gone off credit reports
Hi, i'm looking for a bit of advice if anyone can help? I had a default on my Lloyds Overdraft and have been paying on a payment plan via SO to Moorcroft, then in July I got a letter saying that Intrum have bought my debt and that Moorcroft will still collect the payments and nothing will change, but recently I've noticed…
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Clearscore vs TransUnion
So Clearscore which gets my info from Equifax scores me at 432/700 and MoneySupermarket Credit Monitor which gets my info from TransUnion scores me at 539/710. They both have the exact same information so why would clearscore increase my score from last month by 34 points but TransUnion decrease my score by 19 points from…
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CCJ but I've already paid!
Hi, Could I get some advice please? I paid an outstanding debt in full on 06/09/19 but received a judgment for claimant letter dated 18/09/19. I'm not sure where to go from here. Obviously I don't want it on my credit report but don't know how to get it taken off. Thank you in advance!
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Tesco Credit Card Query
Just received my yearly report on Tesco Bank Credit Card. I pay automatically via direct debit so never incur any fees or charges. I have used the card for big ticket items. The summary for the year says Total youv'e spent:£7,007.38 Interest:£0.00 Charges:£0.00 How much you've paid back:£7,290.55 Could anyone explain what…
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Will this affect my credit rating?
Apologies if this isn’t the right place to post. I started doing a Level 3 PT course which costs £1400 and i decided to pay monthly. I’ve paid around £600 by now and the past 4 months i have heard nothing from my mentor (He helps you on the course and has to mark your work to progress in the course). Obviously its a lot of…
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Cant verify experian account
Hi all! Ok so i have got myself in a bit of a pickle... when going to create an account to check my credit score on Experian, i answered one of the security questions incorrectly and now it says it cannot verify my account :( Does anybody know a way to resolve this? Google has been no help tp me. manythanks
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Regular orders on prepayment
I'm potentially in dispute with a retailer with whom I had a regular order, funded by a prepayment account. In the dim & distant past, they operated using a deposit account, more recently they've moved to a DD-based system - but ultimately the orders sent out were funded in advance, and there was never any credit involved.…
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going to be applying for a mortgage in 5 years
Hi guys, as the title says, myself and my (soon to be) wife are going to be applying for a mortgage in the next 5 years. I will detail my current financial situation: we both work full time permanent jobs. Her credit rating is OK (due to a fraud about 4 years ago) but it is improving as she is using credit and paying off…
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CCJ issued at old address
Hi there, Have just been taking a look at my credit file due to needing to remortgage soon and have discovered a CCJ issued May 2018 for £354. I moved out of the property this CCJ was issued to in December 2017, my previous property was a houseshare and I moved when I purchased my new flat. I don't know what this CCJ is…
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Mortgage application - should I wait?
Hello all, I’ve recently paid off a large amount of credit card debt prior to applying for a mortgage - I have received a decision in principal already, but wondering whether I should wait for my credit report to update and reflect the current £0 debt for the best chance of getting the mortgage approved? From what I can…
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Declined a mortgage due to really bad credit... scores 991 and 999??
Hi all, We are remortgaging our flat through a broker and we have been informed by the broker that our mortgage application with HSBC has been declined due to problems with 'really bad credit'. In response to this, we checked our Experian credit reports and our scores are 991 and 999. We checked the full reports with no…
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Engagement ring on dmp
Would it breach the terms of a dmp getting a engagement ring on finance if worked out affordable?
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Selling on a debt
Hi Can a debt that has been sold to another party be defaulted by that party even though the original agreement wasnt with them ???
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Explanation note next to default marker
Hi all. On your credit report with the three CRA's it's possible to add a note next to a default/missed payment marker explaining the reason for it, i.e redundancy etc. How much, if any difference does this actually make? Say for instance you had one default a few years ago but the rest of your history was very good. Would…