-
ClearScore/Equifax report is a total mess
I moved the house just before the lockdown, i.e. on the 23rd of March. Informed financial institutions I have credit card and/or current account with about the change. Now all current accounts are shown by ClearScore as closed and all credit cards but two (I presume those which are a bit slow on updates) disappeared. The…
-
Credit scores again, yes I know the score is totally meaningless but a question relating to this.
Hello everyone: Should there be or is there some sort of regulator that credit reference agencies adhere to? I may be wrong but I think I have hit on something quite concerning: Taking the principle that the numerical value and its fluctuation has no bearing on one's ability to get financial products and the financial…
-
Disparity between Credit scores?
Hi I am member of the MSE credit club which tells me if and when my credit score changes, if i log in i get a score from experian of 999, pretty happy about that, if i log in to my Experian account i get a score of 649, less happy about that, can someone explain why there is disparity between the two scores if it is coming…
-
Why?
I filed for bankruptcy on the 24/04/2014 and have since worked really hard to turn my life around not just financially but academically and career wise also. I went back to uni and i am aiming for a place in chambers, but i am currently working freelance as a heritage and listed building planning consultant. And will be…
-
Excellent credit score decimated
Hi there I am anxiously hoping that I will be able to get help with correcting my credit score. I previously had an excellent credit score. I am 39 and have always paid everything on time. I have had a mortgage for 7 years, a loan for 5 years, and always had bank loans, credit cards, mobile phone accounts and bills paid on…
-
Can banks report overdrafts to credit reference agencies or no?
Hi everyone, I hope you are well and staying safe. As most of us are aware this Covid outbreak has given alot of people (including me) massive financial struggles at the moment and things have got so bad that I fear I am going to have to dip into my overdraft to survive as I am currently laid off and not being paid. The…
-
Credit Reference Agency is there an "all encompasing best one to use?"
Is there a "best" Credit Referency Agency to use? - I have used two of the seemingly free ones so far "Clear Score" and "Credit Karma" - I understand that the "rating" they give it not consistent as they all score things differently but so far I have found some different data on hard searches/apparent loan applications etc…
-
ClearScore app - unknown account removal
Hi, I am little lost and concerned at the moment. Every month I get my credit score through the ClearScore app, and in most months there seems to be some account with Lloyds (even has an account number with *********) that appears to get removed from my records. The app explains this as "This means you have closed an…
-
HSBC 2nd hard credit check for one application
So, my wife applied for a credit card with HSBC early May, and we both had hard credit checks conducted (fine). After hearing nothing, she rang up at the end of June to check the status. Whilst she was on the phone I received a notification that HSBC credit cards had carried out another check. This is the same for my wife.…
-
Oodle car finance and unfair CIFAS CAT4
Full disclosure : This is my partner's account. I cannot be arsed to create a new one as I just have this one query. Halifax recently decided to close my account out of the blue, I had very good payment history with them (Very high overdraft limit of 4990, credit cards with 0 balance but credit limit of £8000 and £7000). I…
-
Lloyds
Has anyone had issues waiting for Lloyd’s to update their credit file? I’m waiting on them updating a settled loan and card and they’re not being quick about it.
-
Lowell default on my Equifax file
Hi guysLooking for advice here with how to approach this.So I checked my credit file making sure everything is in order for a mortgage application next year. I Have one default that's settled and expiring in a couple of months,no big deal but then one more got added last month...Lowells Portfolio.Its a old account and the…
-
Npower. Refused mortgage.
Can someone help me please. Just in the process of applying for a mortgage and have been turned down. Reason being is this marker from Npower. There are two. Once for electric and one for gas. Totalling £58 🙄 Long story short, it was the result of a final bill after moving from a rental property. The first I heard of it…
-
Denied credit - can't find out why or how to put it right
Hi, I applied for PCP on a car last week. I had no concerns as my credit is great and I've always paid my current car on time. My application was denied, so I did a thorough credit check - the finance company looked at Experian and Equifax, my Experian credit score is 968/1000 (Excellent) and my Equifax score is 452/600+…
-
Car Insurance Quotes
Hi, Me and my husband will be applying for a mortgage towards the end of this year. Our credit isn’t great so we are having to be extra careful with outgoings etc. Now my husbands car insurance is due for renewal and the quote from his current provider is pretty poor (increased by quite a bit from last year) If I go on the…
-
New search on credit file
Hello, My husband made a purchase from Argos over the weekend and has chosen to pay for it interest free over 6 months. This involved a credit search before being approved. I've been notified that a hard search by Argos has been added to my credit score. I called Argos and they said its because we have a joint debit…
-
Credit report shows high balance but it is always paid in full
I have two credit cards which I always pay in full each month but the credit report companies seem to report to CRA's before the payment in full is processed. Example of my latest bill is below: Capital One Card: Spending: £259 on 10th June Payment:: £259 on 21st June Statement: 26th June: Balance £0 CRA: Experian:…
-
Equifax - how do I make an official complaint?
To summarise, last 2 months my Equifax Credit score marked a default with a credit card company, I raised a dispute with them, and it was confirmed it was done in error, and this was then removed, however today the score has updated and I find that Equifax have ; Removed my home address (still live there) removed my…
-
Should I add a correction note to explain my lack of credit card?
My credit scores are healthy but the one thing I would like to change about my reports would be the fact that I don't currently have a credit card... I have had credit cards for years and have always paid them off, but my most recent one was a Tandem card which decided in March that it wanted to introduce a monthly charge.…
-
Will the current economic situation make it more difficult to get a credit card?
I’ve never had a credit card before and about time I get one to build my credit score which is ‘fair’. Is now a bad time to be looking for one and will it be harder to qualify for the best deals? Thanks
