We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Credit file & ratings

Archives for March 2020

WIll this improve my Credit Score?
Hey my score isn't bad at all. I'm 25 living with my parents and never taken out any loans. I have a credit card which I don't use much (I really should use it more) and have never missed a payment. I have a few contracts like gym memberships, phone bill etc that's always paid on time too. So all in all my credit isn't bad…
Disproportionate credit rating impact?
Hi all, Is this normal, and if not how can I resolve it? Last autumn I changed broadband providers from PlusNet to TalkTalk, and TalkTalk did a hard search on my credit file before I joined them - which seemed perfectly legit. On my next Clearscore credit report, I found that as a result of this search my rating had…
Experian issue.
Hi, I wanted to try and resolve an issue Ive been having with Experian.My Partner would like to take a mortgage for £66000. But it seems my credit score was holding this back to £45000 from a mortgage broker because of my credit score.The problem was a bank loan I had from Nationwide for £12000 which I paid off the…
Personal car finance
Hi I'm currently £450 a month for my car that I use for work to see clients. ATM the car is sat in the drive. I called Audi to see if they can offer a payment holiday and they said they cant. Do I continue to pay as it's quite a lot money ir is there something I can do? Thanks
Can I pay off my debt at a discount?
Good afternoon My husband and I have lived out of the country for 4 years and have now come back to some debts with Lowell’s that we would like to pay off. Are we able to get a discount of 50/60% as I keep see this maybe possible. Our debts are 5 years old, my husband has some from 2011 but he had set up a payment plan so…
Credit Report Queries...
Just doing a routine check over my three reports, and have a few questions... 1. I applied for a Halifax CC last December, and got it. Great. They checked Experian and Equifax under Halifax. But then they checked TransUnion under Bank of Scotland. I know Halifax and BoS are part of Lloyds Group, but is this allowed? If I…
DEFAULT AND LTD COMAPANY
hi everyone i am a mortgage adviser running my ltd firm since many years. coz of corona virus the income is down to 0. my personal credit card and overdraft laiability is 40k and business company liability is 20k. if my company gets default i will lose the license, but if i default on my personal credit cards, i will not…
Will Furlough affect credit score?
If i have the option to use holidays or Furlough, which is best for credit score, or is there no difference?
Covid 19 and impact on credit rating - HSBC
Got an email offering mortgage holiday but an added note saying that my credit rating will be affected, probably in a negative manner, if I took up their offer. Why can't they give a credit rating holiday in this environment to customers who otherwise have impeccable payment records?
LISTED ON HUNTER FRAUD REGISTER
Hello Everybody, I hope we are all doing everything possible to stay safe from Covid-19. I need advise from you if you can. I applied for Mortgage in January and was declined by Halifax. I applied with Nationwide and was declined the second time. My broker advised me to do a check on National Hunter database. I reluctantly…
Getting Car Finance With Poor Credit
Hi, I apologise if this question has been asked before. I need to get a new car in the coming weeks (when stores open again) as my current car is just too old and temperamental to run. I was looking at a finance/lease but I’m unsure as to where I should look. I’m a teacher on a full time salary, but unfortunately my credit…
CCJ’s and the police
Hi all, just wondering why the police have a a strict policy on having a CCJ, like an automatic no entry? It baffles me as I was in the Royal Navy and I was given security clearance which I assume is a lot more serious than a simple dbs check.
Cabot Financial - Debt Collection Company in Dublin chasing me in Northern Ireland
I've just moved back to Northern Ireland after living in Dublin for many years & I have an outstanding credit card balance of nearly €3000 owed to the AIB. That debt has now been passed onto "Cabot Financial Ireland" A Debt Collection Company based in Dublin and I have just received a letter at my now NI address seeking…
Fraudulent Company Registration - Why and what to do?
Hi, My wife received a letter recently notifying her that she was director and sole officer of a newly formed company. Company address looks to be residential and not known to us (in a different town) but notification was sent to my wife so at the very least our address was submitted in the process and the D.o.B is correct…
How will Covid19 effect credit rating?
My wife has a really good credit rating, never misses a payment, pays everything off as soon as she can, The mortgage is in her name and we have applied for the Covid19 holiday which looks ok, we understand how that works, will getting a holiday on credit cards, loans, utilities etc will that go on credit file? and in 2/3…
PRA Group - CCA Request Not Complied What Next
Hi all, I am desperately trying to get PRA Group off my credit file by settling but they are offering little to no discount. I was advised to send a CCA request (which I did on 29th Feb 2020) to put me in a better negotiating position. I received a response acknowledging my letter but no information requested in the CCA…
Mortage Payment Holidays Will NOT effect your credit file
https://www.yourmoney.com/mortgages/mortgage-payment-holiday-how-will-it-affect-your-credit-score/ https://www.whatmortgage.co.uk/feature/coronavirus-will-mortgage-payment-holidays-work/ Your Welcome
SuccessfulCoin.co.uk??
I've had a payment of £38.15 taken from my account from SuccessfulCoin.co.uk, I have no idea who/where/what this is, I have contacted my bank, who will not refund the payment, I have also contacted SuccessfulCoin.co.uk, they are a budget management company. Anyone else had this happen to them?
Closing credit card accounts
I’ve managed to pay off a couple of credit cards (yay) and am not expecting to have to use them again in the immediate future (also yay). Am I best to leave them dormant, or close the accounts? Is just having a credit card -even if it’s not in use - good or bad for your rating? Is it better to (if I should need to use one…
Thinking of deferring payments due to corona virus
I need some advice as am unable to get a clear answer and have tried calling but seems very busy. Me and my wife are going to be impacted due to Corona virus, I am still able to work but will need to take some time unpaid due to childcare as will she. I am thinking of either having a mortgage holiday or deferring my…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Credit file & ratings

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Credit file & ratings

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free