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Getting a new contract while waiting for mortgage - a bad idea?
I have received a mortgage offer today (yay) but I am still a little paranoid they'll take it off me. I know if I get a new broadband contract they'll credit check me - might this change anything re my mortgage? I have had on-going problems with Now TV broadband since I've been with them and now I really need to be able to…
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Credit card help!
Hi there, I’m trying to boost my credit score and have done well with Aqua. However they’ve now reduced my limit by 50% saying that I don’t need it. I use my card monthly and pay off the whole amount. They won’t change my limit back up stating that it’s a head office decision. Clearly I’m accruing no juicy interest for…
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Credit report showing "default/ended" as loan status, meaning of this? Unpaid for two years
As above. I have been looking through my credit report today via MSE Credit Club. I have loans I haven't made any payment to for over 2 years now, some over 3 years. Under "Credit Accounts" then defaulted accounts it shows last updated as 04/2020 and under "Current Status" it has "Default/Ended". As i say, no payment made…
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Credit score question
Hi there, basic query I hope but after years of being unemployed, and when I was really young bad debt I have been working for 18 months, in that time I have got a credit card and a new bank account and a sim only contact, when I log into credit search websites it says as I have opened 2 new credit accounts in 6 months…
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Should I clear a loan early or pay the arrears and cotinue making regular payments to build score
This is a bit of an odd one. I have a business loan that has outstanding arrears on it from a 2 years ago when my business suffered a downturn. I was making reduced payments for approximately 18 months before going back to making the required amount plus a litte extra to start paying the arrears down. In October I will be…
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Ex-Pat credit help
I have recently returned to the UK with my husband and kids after 25 years away. We are trying to navigate life in the UK and could use some practical advice. I am a British Citizen and my husband is American. I moved away in my early 20s. I need a credit card, bank account, and eventually a mortgage. I have no idea where…
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Equifax data range
Hey everyone, Sorry for the numerous threads over the last couple of days, lots and lots of questions as I learn more each day. My question is this; I used checkmyfile today and noticed when comparing the 3 CRA's that Equifax only holds data for all of my accounts for four years. Is that right? I thought it might be a…
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Southern Water Default
Today I applied for a lease car which was refused due to "payment history". No idea what it was on about as my Credit Karma report I use monthly is between fair and good. The company said to check Experian if I had an issue with this. Registered, 30 day free trial and I see a poor score of 633 with a default dated October…
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Missed payment to Three because of DD set-up issue?!
Hi everyone, I have just checked my credit file and there is a missed payment which I had no idea that it was there. Apparently back in Dec 19, when I wanted to upgrade my phone through Three but then cancelled it, the old direct debit was first cancelled to a new one. Then the new one was cancelled to allow for the old…
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Limit Cut
Barclaycard of course my credit limits by about 75%. However, in the last year my income has increased, my payments to Barclaycard have increased and my outgoings have decreased so I can't understand why they have done this. They mention affordability in general terms but as I've been paying around twice of the minimum and…
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AP marker/missed payments - not consistent?
Hey everyone, I came across checkmyfile and decided to give it a go to get a full and clear picture of my credit file. All of my accounts are in good standing order except for my Littlewoods account which has some missed payments and AP markers. My question is this: why is the data different for each credit agency? I know…
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CCJ advice
Hi all, In a bit of a sticky one. I have a CCJ on my file which I'd like to 'satisfy'. I have the case number / reference but cannot get the details in order to make payment. I tried to call the courts but they cannot take payment and I must contact solicitor / claimant myself - I don't have these details, how could I go…
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Default
My default should fall off my credit file on 31 August. This is the only blemish that’s left on my report. I want to apply for a mortgage soon. How long do you think I’ll need to wait after the 31st?
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Delete payday loans from your file after the company goes bust. Does anyone know how?
Hi all, I appreciate there are many posts about PDL's, so please bear with me! I ashamedly took out a few PDL's in late 2018 - the last was settled in Jan 2019 (only open for 9 days). At the time I didn't realise that they report to the credit agencies. Now my partner and I are due to apply for a mortgage, and everywhere I…
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Default on account
Hello 5 years ago barclaycard agreed to a repayment plan whilst I was on maternity leave. At the end of the plan I had to replay the balance in full so that it cleared the account, however as I was on zero pay I was unable to by the deadline. Fortunately family helped me out and I paid the balance but around a few weeks…
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Credit Score and Files not worth the paper thier written on
I have account with two of the most popular credit reference agencies "Equifax and Experian". Equifax show my score as very good with no defaults on any accounts, yet Experian show my score as very poor with one defaulted account. Surely for this to work correctly all credit reference agencies should operate on the same…
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PLEASE HELP - New Homeowner, Credit Rating Declining, Will This Impact My Mortgage?
I hope someone can advise please. First time buyer, purchased my property in Dec'19 using Help to Buy. (Solo buyer). At this point my credit score was healthy, however due to Covid and issues with income etc, my credit rating has taken a battering since May/June and the reality is it's only going to get worse as I now…
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How often does the credit file update?
I settled my Car PCP on 20 Aug. Checked my car finance account today, the outstanding balance is £0 now. I am just wondering when will the credit file update? The car finance company said they will send the information to credit agency straight away. But how frequent does the credit agency actually update?
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Barclaycard rejection despite banking with Barclays for 5 years
Query for Forum I hope this is the correct forum for this query. A friend has been rejected for Barclaycard, even though he has banked with Barclays for 5 years and never been
overdrawn. He is employed full time and has never been in debt. The rejection letter stated that he should write in if he wanted to
know the reason…
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Lending Stream/Mortgage
Hello, during the latter part of 2019 and the early months of 2020 I took out several loans with Lending Stream (there were seven in total) All of these lones were paid fully and on time - there are no negative impacts on my credit file in terms of payments etc. They are all closed and settled. However, I did not do enough…
