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Cancelling DMP - Which Debt to Pay First?
Hi All,I've had a change of circumstances that will allow me to cancel my DMP, return to somewhere near 'proper' payments on debts, and also pay off a couple of smaller accounts.My issue is - I don't know which debts to pay first in order to have the best impact on my score.I've narrowed it down to two candidates, and…
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Partial settlement on agreement - how does that affect credit rating?
Hi all, other half has an outstanding amount on finance agreement for car, they have offered a discount to settle it which is very good. They state they will accept this as full and final settlement and that they will update his credit file to reflect that the account has been settled, but added he should note his credit…
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Cancelling direct debit
I’m with Sky mobile and have an issue with my bill. I need to speak to someone as the help I need is not available online. At the moment you can’t get through to Sky at all as they’re not accepting incoming phone calls, And my direct debit is due out on Monday (18/5). Because I can’t get hold of sky I’m thinking of…
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Volkswagen Financial Sevices - shambolic
My 24 month lease agreement was settled early with Volkswagen Financial Services on 6th March with the vehicle being confirmed as being collected on 26th March. On 21st March I received a "Notice of arrears" letter from them - on calling them they advised this was automatically sent and I should ignore it - they guaranteed…
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Young silly debt £28 default Natwest
I am currently looking to buy a new home with my partner. I have signed up to credit Experian and noticed I have a NatWest default £28 lol from when I was a teenager. This is dated November 2014 is it something I should worry about or as it is coming up to 6 years shall I just leave it? Thanks
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Defaults expired 8/19 should I offer partial settlements and will now show on credit file
My 5 defaults expired 8/19 and don't show on credit file I am now in a position to make offers on them all. of around 60%. They all have about 4yrs of agreed payments left. If there agree the partial settlement will this show on credit file as the defaults have dropped off
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"Current Account" Vs "Basic Bank Account" on credit file
Does having a Basic Bank Account rather than a Current Account on one's credit file adversely affect their credit rating? Currently have a "Current Account" with Monzo appearing on my credit file and it has been open six months. Honestly, can't stand them. I've been offered a Nationwide FlexBasic account but don't want to…
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Debt managers on credit file.
Hope someone might be able to give me some advice on this subject. My partner and I are looking at buying a house in six months or so and so we need good credit scores. She has had a Very account fraudulently set up In her name by her mother and it has gone to debt managers. The company says she needs to report her for…
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Number of cards/accounts at once
I have multiple current accounts and I am looking to simplify my banking and cut out a few cards, so that I will then have one personal current account, one credit card and one joint account card. what is the best way to select which cards to keep and will this be affecting my credit score?
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Old debts showing as new
Hi, I was made bankrupt on 10th April 2014 and have done my 6 years now. The house mortgage which was listed in my bankruptcy has appeared on my credit file last July as the house was only repossessed then by bank of Scotland. I’ve written both signed for and not signed for with copies of my bankruptcy order but getting no…
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BITS Credit Card - Worth a try?
So, I do believe I have the worst possible credit rating in the known universe. I've just been discharged from bankruptcy and have been through the post bankruptcy credit-file cleanup. I no longer owe a penny to anyone. I've been declined for Aqua, Tandem Journey, Tesco Foundation, and Vanquis. Capital One's Pre-app…
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Mortgage Credit score - experian
Hi all I’m looking for some advice please. I’m currently saving and looking to purchase a house at some point next year with my fiancée. With this in mind I have been really cautious with any payments; ensuring they’re all made on time. Today though, I received an email from Experian saying I have a new score, but to my…
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Poor Credit Score and Mortgage
Hi, New User to this forum. Long story short. My partner - up until September 2019 had 2 CCJs and numerous defaults on loans. His credit rating was zero. However all his debt was cleared September 2019. My credit rating is 595/700 on clear score. I have a car on finance, a mortgage (£60k left of a £180k), and I took out a…
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A few questions about credit rating.
Hello. I would like to know what is the best way to become "attractive" to most lenders. I've learned many things just by reading this forum but I still have questions. 1. It's been recommended here over and over that the best way to build a good history is using a credit card each month and pay it off in full after…
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Password protected credit
Hi, I'm really hoping someone can advise me... Years ago I was a little concerned about financial security/identity around credit/finance etc. due to a personal matter so I took up the option of putting a password onto my credit file so that If anyone wanted to fraudulently get credit/finance for any items in my name then…
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Incorrect data
Hi, my credit file says I have a mortgage for over £36000 but I don’t and never have owned a property. Please advise how I get this taken off??
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Excellent credit score but poor options
Over the years I've tried hard to build up a good credit file never missed payments electoral roll etc, I've had great credit cards and loan offers in the past but now when I'm looking and my credit file the best it's ever been I am only being offered credit builder credit cards or high high interest cards and searching…
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United Utilities have destroyed my credit score
Hello all, long time reader first time poster here. I have a dispute with United Utilities over a missed payment of £85.59 back in December 2016. The dispute is not that I owed the money, but that they have failed to communciate with me that my account has been in arrears this whole time, even though they have been happily…
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Can banks remove late payment markers from customer credit files?
Hi, Are banks able to amend credit files and remove late payment markers at their discretion, or is there a legal reason why they can't do this? I am currently in discussions with one of my banks regarding this. They are saying that they are not allowed to remove a late payment marker as the credit file needs to be a true…
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asking two credit card providers for a limit increase at the same time - bad idea?
Hi MSE forum! I'm working on improving my credit score and am now in a good position, with low utilisation rates. The credit score app I use tells me the next step is to increase my credit limit from it's current £6,500 (spread over 3 cards) to £15,000. Would it look bad on my credit history to request an increase from 2…
