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Is it better for your credit rating to have Credit card debt or Car Finance
I have car finance which is charging 6% interest. I am thinking of moving it to a 0% credit card offer but wanted to know if it will make any difference to my credit rating having it on a credit card rather than car finance when it comes to getting a mortgage. I'm not sure if there is any difference at all i.e if mortgage…
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Three default in error
Hi, I am having a nightmare. It turns out that mobile provider Three has given me a default on my credit report in error. It was only a late payment. I phoned them up to query and see what can be done as I am desperately close to having my final car payment and am struggling to find a way to cover it as I'm few grand short…
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Does defaulted debt disappear after 6 years
I have a debt that defaulter in 2016. I am paying the debt collection company every month but still says defaulted in 2016 . Will this debt disappear from my credit history next year and not be visible for lenders to see.
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Improving credit rating (poor paper-trail, not debt or CCJs)
I've decided to try and get a handle on my credit rating ahead of trying for a mortgage later this year, and hoping for advice on best ways to get this on track. Tbh, I never really looked at it before now, and it seems I've sorely underestimated how separate it was from my actual solvency (which has been fine for a good…
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Clearscore (Equifax) says I've closed accounts that are still definitely open
Had an alert from Clearscore so I went and checked it, the report says a current account, two credit cards and my phone contract have all been removed from my account because they've been closed. They definitely haven't and Experian and Credit Karma still see everything so I'm assuming the problem is with Equifax. Anyone…
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Ex Husband and credit report
Hi, can someone please answer my question..... My Ex husband and I had a Debt Management plan together which finished in 2018. I then divorced and have almost removed him from the mortgage, which is our only current joint account. Will I still be linked with Ex even after the mortgage is closed, due to the DMP, or will all…
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Vodafone default: advice please?
I general, I do not have a beef with Vodafone UK. My family
have been customers for several years but I genuinely believe I have been
treated unfairly. I’m perhaps going out on a limb here and wondering if the
company might monitor the posts on this MSE forum. If so I’d really appreciate advice
on steps that I can take to…
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Will this impact my credit score and what do I do about it?
I bought a house last year. Over the last six weeks (ish) we've begun receiving post for people who do not live here and have not lived here since at least 2010 (I know the name of the previous owner who lived here). I assume they didn't live here before then either. The post arrives to dozens of different names - it…
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RCI Finance Credit File
Hi I got in touch with RCI finance as I took a payment holiday last year and my credit report was showing the balance over 3k higher then it should be. RCI responded by saying because I took out a payment holiday on the car finance I am now in a repayment arrangement and they add a marker on your agreement to stop the…
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Meaningless Credit Scores - Why are they so different?
So first of all I know credit scores are meaningless, the issues that a bankrupt, someone with £20k of unsecured debt or an 18yo can have a perfect score and someone who has never borrowed and has millions in the bank can have a low score, but I was wondering if anyone has an insight into the different methodologies that…
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Loan missed payments
I had loans with nationwide, they have closed them now as they have been rewritten. now the closed one shows all missed payments as paid is this because it’s closed? Or is did natiownide chnage it?
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How do I thicken my credit file?
Up until now, I've never really made use of credit instead choosing to spend only what my current account could afford. Recently, I decided to retrain into a different industry, which has left me in a worse position financially because of training costs/time etc. (I'm stable, but saving is a lot harder right now and I…
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Credit Club - Experian
has any one before had an issue when you have had great affordability for months, then out of the blue your affordability has dropped to the red. no major or significant changes to my credit record (checked all of them), other than me clearing 1 of my 2 credit cards nothing has changed
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Virgin on credit report
Have noticed on my credit report that Virgin from my Broadband at a previous property has not been removed from “accounts” section of my credit report - current balance says £44 and last updated 20th October 2020. I closed this account around October 2020. It does not show any missed payments. As far as I was concerned…
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Vodafone being absolutely hopeless
I had a phone contract with Vodafone, which I requested early termination of in November 2020. It then took over two months for me to get my final bill which even then, I didn't get any notice of and I paid my final bill via direct debit on the 2nd Feb 2021. I just noticed upon looking at my credit reports today that…
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Advice please
Hey all I have a car loan which currently stands at 8k and if I was to settle it now it would cost 5k. I've looked at getting a new loan at a much lower rate but I'm getting stupidly high % The only other bad marker I have is £1500 of cc debt which I'm currently paying at £250 a month, so will be cleared in 6 months. I may…
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Experian Credit Score
Hi, I checked my credit score for the first time in a while couple of months back and it had my score as 818 ‘fair’. This has remained unchanged this month too. I don’t have access to the premium account anymore, but it seems to be suggesting that I have no loans, no mortgage and 0 credit cards. I got my first mortgage…
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Carphone Warehouse / Vodafone failed credit checks (but good history)
Hiii, long term lurker, first time poster! I've been with EE for donkeys years, for the last two contracts I've gone through Carphone Warehouse. After EE split ways with CPW, I decided to go through CPW for a better deal (don't know how EE can justify their prices). I'd used advice on here, and settled on a phone/rough…
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Claim form received from FWJ Legal Limited to be heard at Northamption
Hi, My partner has received a Claim Form from FWJ Legal Limited to recover her student debt in full plus several thousand in add-ons. It is a Swedish student debt and it appears to have been sold to FWJ Legal. She is my full-time carer as I am disabled both with reduced mobility and also suffer from Bipolar. She has no…
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How quickly will I get better deals after CCJ expires
Afternoon all, I have a CCJ due off my credit record next year, I'm also looking to purchase a vehicle around this time. The CCJ is satisfied and is the only blemish on my credit report, once that drops off there will be no negatives that I can see. My question is will I get offered much better credit terms once this drops…
