-
Late payment loan - Bank error
Hi, Looking for some reassurance/ advice. I have a TSB loan which usually goes out on 28th of each month. I wanted to change the account the direct debit is set up from, so TSB sent a mandate out in the post, which unfortunately never arrived. I called them a few days before my payment was due & they told me to call back…
-
How to increase the chances of getting any credit card?
Please, only reply to this if you have an answer relevant to my question. I'm not interested in "just pay in full and you're fine". I'm asking WHY... So, I like to take advantage of new credit card (and current account) offers. But I'm still not eligible for some of them. People on this forum often say "just pay your CC…
-
Joint bank account to boost credit rating
If I open a joint bank account with my son who has poor credit rating, will it improve his score as I have very good credit rating or will it be detrimental to me.
-
How soon to hard searches show on your credit file?
Hi When do hard searches/footprints become visible on apps such as ClearScore? Is it immediately?
-
Close accounts or keep open?
I'm sure it's been asked many times before but searching 'close accounts' brings up many subjects. I successfully made a 0% balance transfer back in August and, as of yet, I haven't closed the original account and it is still open with a zero balance and £3000 available credit. Should I close the account or keep it open? I…
-
How loan repayments are reported to credit agency
Hi, I’d really appreciate any help a few years ago I foolishly took out a provident loan even more foolishly I didn’t repay it. on my credit file it shows that I have a loan with them that’s 1 month in arrears each month for the last 5 years. When it gets to year 6, will it all just drop off my credit file? Or will it keep…
-
Creation Finance
On the 26/12/2017, I set up a creation finance account through PC World/Currys to buy a MacBook Pro. It was 0% interest if the full payment was made within 6 months, so I did this. Didn’t incur any interest etc. I then got an email early this year stating that due to GDPR, and my account not being used for 24 months, they…
-
2 Defaults for Same Debt
Hi, I've only just noticed that I have 2 Defaults on my credit file for the same debt which will be settled in the next 4 months. The first one being from the bank which is showing as Settled but still shows as a default. The second being a debt company that bought the debit from the bank which is who I'm I've been paying…
-
How often are credit card balances updated on credit file?
How often are credit card balances updated on credit file?
-
Soft searches showing fraudulent ID use
Having checked my Clearscore yesterday it’s become apparent that this year two online gambling agencies have conducted soft searches which have shown up on my credit file. I have never used any online gambling site in my life, we are lucky if I remember to buy a lottery ticket from the local shop, that’s how little…
-
Bank charge
Does anybody know if you can get equity release if you have a charge over your house
-
Loan Repayments and Credit
Hi all, Having had a very brief look at the sticky threads I have quickly realised that credit scores mean nothing! Which is good news for me as mine has dropped by a fair few points recently due to me opening a new balance transfer credit card and closing an old account. Sensible money management right? My question to you…
-
Can credit agencies / debt collection agencies do soft searches on your report without permission
From my understanding every soft search on my report is either from my doing eligibility checks or applying for cards etc but I just wondered if credit agencies or debt collectors or anyone for that matter can just query your report to see your info without explicitly filling in some kind of form that grants them…
-
Frump to Fab 2021.
Hello Everyone. I'm a little early with a new thread for 2021 but I thought why not get ahead. I am so pleased that we will soon be leaving 2020 behind us. What a year.!!! So many have suffered so much and, whilst, I appreciate the pandemic is not over yet, at least as we look ahead we can see a small glimmer of light at…
-
Electoral Roll Issue affecting all UK residents
So i just logged into my equifax credit report and noticed that there was a red flag next to my electoral roll section. Considering i lived here for 15 years i found this odd so i looked into this further and was about to make a complaint to EQUIFAX when i found out on their website due to the COVID situation the electoral…
-
Fact Experian credit score means nothing!!!!!
I have a experian credit score of 847, i have 5 defaults 2 dropped off in August. 1 drops off in Jan 21 and 2 drop off in May 21. I just completed a soft search for a credit card and everyone i am not eligable, hopefully in June 21 when they have dropped off i will be.
-
Bankrupt settled debt still on file
Hi, I was discharged in 2016 but the company refused to mark the debt settled or 0 balance( all other creditors did so in line with the bankruptcy) and has the full amount plus i'n default' on my score. I have wrote to them, the financial ombudmen and Equifax who state the company has to change this despite providing them…
-
What is the ideal credit card utilisation percentage?
Hi, I am worried that I perhaps have too much available credit on my credit cards and wonder which is most beneficial when applying for a mortgage. Should I go for high available credit with not much utilisation or should I try to reduce the available credit (by cancelling a couple of cards or having the limits reduced),…
-
Things I didn't know I had on my credit report - some perspective required?
Until very recently, and having passed underwriting with Leeds until EWS1 delay of months eventually cancelled the application, I honestly thought that my credit report was okay with a score of 477 on ClearScore, which uses Equifax data only. When I checked "CheckMyFile" score across Equifax, Experian and TransUnion…
-
Debt collection and credit score
I have moved from my own house to a rented property last year. Move date was 15 SEP 2019 so we informed Scottish power about move and from 15 SEP we paid bills for new rented property. The tenance for our own house moved 30 SEP 2019. So my house was empty for two weeks. Today I received a letter from UKSEARCH limited that…
