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What your credit score really means
Hi! This is the discussion thread for the What credit scores really mean guide. Click reply below to discuss. If you haven’t already, join the forum to reply. Thanks folks,
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What your Credit Score really means - Please read first before posting about a credit score issue.
Hi all! This is the discussion thread for the What credit scores really mean guide. Well, what does your credit score really mean ?. By Martin If you've paid to get a credit score from one of the credit agencies, how reliable is it? We run through the truth about credit scores. I’ve just found out that my credit score has…
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New to the Credit File & Ratings board? Start here
Useful links to MoneySavingExpert.com guides * Top tips to build your credit score * How to check your credit report for Free * Credit Club * Build your credit history * Student credit scoring * Should I get a loan if I have a bad credit score? 💡 If there's a link you think we should include here, please send me a message!
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Alias added to report same as my name
A car leasing company have added an alias to my credit report which is identical to my name why they have done this I don't know Is it ok to leave it or should I have it removed, my Experian score does not seem to be affected
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Paying creditors late by a week or two
Morning all, quick question about making payments after their due date. I am fortunate that I am receiving a lump sum of money in about four weeks’ time and will be able to settle all my debts. However, I am not going to be able to make September’s payments on time. If I miss these and then pay everything off with my lump…
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CIFAS Marker Hell
Hi all, Honestly need some help as i’m unsure what I can do next. Timeline: 24th July - Santander accounts frozen and will close in 60 days. Submitted DSAR CIFAS request as advised. 4th August - Cifas comes back clear of everything other than “3 number searches from Santander”. Search included my parents address I lived at…
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Can't speak to anyone at Experian!
My wife received an email from Experian today " A credit account has been added to your credit report". Never received such an email before. Went on the Experian app and it said there were two risks but we couldn't see what they were. I panicked and we tried to contact Experian. Either the phone numbers given were…
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ClearScore's lax attitude towards personal data security
I recently tried to login to ClearScore with an account that I hadn't used for a long time. It rejected my login by telling me that my account already existed. Well, duh!! So I thought I'd try creating a new account, but it refused to accept the password that I'd set a few seconds earlier. So I tried a password reset and…
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Credit rating plummetted
I’m a 62 year old man. Still working full time / 40% taxpayer. Homeowner / no mortgage, no debt at all. For years, I’ve had an excellent credit rating (999/999 Experian). Recently though (2 months ago), I’ve opted out of the company car scheme at work and bought a car on PCP over 4 years and also taken out a credit card to…
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Help with a Capital on Tap guarantee
Hi all, I’m hoping someone with experience of business credit card guarantees or credit reporting can give me a bit of guidance. I was guarantor on a Capital on Tap business credit card. Since the business closed, I accept I’m responsible for the balance personally under the guarantee. I’ve been cooperative from the very…
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Moved: Which Debt to Default on
This discussion has been moved.
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NewDay CIFAS
Good morning. My NewDay credit card was closed without warning last year, and I was informed that my credit facilities had been withdrawn. Soon after, Santander notified me that they were closing my current accounts with 60 days' notice. They cited a CIFAS category 6 (misuse of facility) marker on my credit file. I…
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Assisting a Vulnerable Person - Advice Needed
Hello and apologies for the very long post. A brief outline of situation. Vulnerable Adult/Person (but perhaps think of a 10 year old child). In 2014 Vulnerable Person (VP) entered into a 'contract phone with EE)' , The contract ran for over 7 years and cost £50 pcm for a small amount of data only. There were never any…
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Don't have a credit score but should
Looking for some advice, I have tried logging into several agencies to access my credit score (Experian etc) however I cannot be found or verified on any, it seems I don't have a credit history despite having multiple bank accounts with income, paying tax, being on the electoral register etc for years. This was initially…
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Best Way to be notified about CCJs at old addresses.
I am a newbie on this forum so please bear with me. I plan on getting a mortgage at some point in the near future, but not immediately, (say 2-3 years from now). So I want to maintain a clean credit profile. I have recently, through reading consumer horror stories, stumbled onto the dark world of debt collectors suing at…
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Cyber Attack - personal data
Just been notified from a former employer that they experienced a cyber incident between Feb 2023 to Sept 2023. The employer has only just notified me of this and I have been given access to a credit reference agency free of charge to check. My concern is that this happened almost 2 years ago and the letter indicates that…
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Credit reporting
Advice please.I took out a loan with Five lamps on 5 July 2017.It fell into arrears in 2017/18.A default was registered on my credit file on 26 February 2019. Default came off my credit file in February 2025. Since March the loan is being reported again on my credit file as missed payment each month. Company state that…
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soft searches
I have checked my credit report and note since the 1 November until today there have been over 40 soft searches from a company called JAJA finance. Most are quotation searches and one is AF?. However no hard search has been done. I do not understand why so many from the same same company. Also I get my credit report from…
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Hitachi (now Novuna) never defaulted me?! M&S Incorrect default date? how to fix?! Pls help!
So, in July 2019 I made some very bad financial decisions, I'm in serious debt and can no longer afford my loans or credit cards. I contact all my creditors and offer £1 a month for all of my accounts ( did this without StepChange ) and have continued to pay them on time every month. Long story short it's been 6 years now…
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Irresponsible lending & my credit file
Hello! New member here. I hope this is the right forum for some advice. About a year ago, the Ombudsman upheld an irresponsible lending complaint for me on a personal loan. As part of the redress, the lender was instructed to: * Remove all interest and set the loan to 0% * Remove any negative entries from my credit file *…
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Atom Bank and Equifax
I have a mortgage with Atom bank for over a year now, it appears on my Experian and TransUnion reports but not Equifax. Anyone else here with a Atom bank mortgage with the same situation?
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Soft searches.
I've just been notified of a soft search made by LexisNexis (IIL) - Insurance Services. I have not to my knowledge had any contact with this firm, indeed I have done nothing "Insurance Related" since last September when my Car insurance was due! Also intrigued by the Bank accounts showing zero! Can anyone advise?
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Remove arrangement to pay marker from credit file?
Years ago my debt situation was very bad. Multiple CCJs, defaults, late payments, payday loans, etc. Bar one default and a series of late payments which will come off in October, I only have one negative marker left - an arrangement to pay with my bank from May-August 2023. Basically what happened was, as I was paying down…
