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Tenant Rental Exchange Initiative
My adult son (35) has moved back in with me temporarily in an attempt to save money for a house deposit. I'm charging him a small monthly rental which will be tax exempt under the rent-a-room scheme. My question is this - can I be considered his "landlady" and sign up as such to the Tenant Rental Exchange Initiative so…
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Experian and ClearScore ratings inexplicably dropping!
Hi Money Savers. I hope someone who is more knowledgeable in the field of credit rating may be able to help me here. I've always kept an eye on my Experian score, usually once per year, and for many years I had a perfect score of 999 or thereabouts. I lived at home until my late 20s, never had any debt and always paid off…
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Savings with a CIFAS marker?
Hi! So when I was a student I stupidly fell for one of those ‘squaring’ scams which turns out to be in hindsight pretty obvious money laundering. Santander reported my to CIFAS and I had my account with them as well as my HSBC shut down. I don’t need to be told how stupid I am etc. just looking for some advice. I use Monzo…
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Is it possible to be mortgage ready in 2 years?
Hi all, thanks in advance for any help! I have up until recently had a large amount of debt (£10k+), and thanks to some stressful financial circumstances I unfortunately defaulted on a number of payments in the last 2/3 months. The debt was accrued over the last 7 years thanks to the awful cycle of maxing out cards, then…
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Clearscore Alert - Unknown New Account
Hi. I received an email from Clearscore today to say that a new account is being added to my credit file. I haven't applied for anything recently, so this was instantly suspicious. The alert has very limited information and just says new account "Fluid ****". Obviously I'm concerned that someone may have opened an account…
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Out of date credit card balances
I have been looking at my credit report from all three agencies (Transunion, Equifax & Experian). Both Transunion (Credit Karma) & Experian have my credit car balances incorrectly stated at around £52K versus the £39K I really have. It was £52K about 4 months ago but I have paid off £13K & I have also shuffled about some…
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Experian vs MSE Credit Club
Is anyone able to explain why I have two different credit scores on Experian vs MSE Credit Club (which apparently uses Experian) please? My Experian score is significantly lower and claims that I have 1 negative influence on my report despite the fact that I've literally never missed a single payment or had any disputes…
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Refund for Previously Disputed Defaulted Account
Hello, I have recently received a refund for a old account which is now closed and was previously marked as defaulted. This same account was one which I disputed with the DCA on how and why they entered a default marker on my file. Without boring you with details of the default I was wondering if the fact the original…
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Credit Karma almost instantaneous update
I opened a new credit card account today at 12:00 and the hard search was on my Credit Karma report when I logged in at 2:00 PM. It may even have been there earlier although my email notification only came through at 3:30 pm. Either way this pretty good for a free credit report. Most of my hard searches have been with…
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Indigo Michael/Safety Net Credit complaints
Hi everyone I hope I’ve started this thread in the right place. I have posted elsewhere about what’s going on in general but this relates to a specific company so wanted to highlight it separately for ease of answering/reading (which I hope is the correct approach!) My partner has discovered multiple ‘payday’ style loans…
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Experian
I opened a new account to check my credit report today and it asked for bank account details to check for identity. I’m concerned about this and feel I shouldn’t have provided them. Any help gratefully received. Thank you
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Lowell debt/credit help
Hello! Apologies in advance if I haven't put or posted this in the correct place. I made a number of financial errors in earlier life and managed to pay and clear up quite a fair amount recently. This may be a stupid, stupid question but I have 3 accounts that are now with Lowell. If I partially satisfy this does it remain…
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Account Closed - still appears in Credit Files
Hi - I changed my mobile phone (pay monthly) account with EE in March 2022. However, the account still appears in all three credit files. Therefore, can anyone shed some light on how long does it usually take for the account to no longer show in the Credit Report as active? Thanks.
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CCJ help
HiI am in the process of sorting out various issues on my credit file and have cleared significant amounts over the last 2 years. I have three different CCJs on my file from 2017, 2018 and 2019. I've moved houses since the CCJs and never been chased or traced to where I've lived the last three years. Should I try and…
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Mortgage with part settle defaulted account
Hi, I have a default with Natwest. It is old enough not to show on credit report, and being paid off under a DMP I have had an offer to part settle it. If I part settle it, and then try to get a Mortgage with the same bank. Surely they would know this, and a part settlement go against an application? Thanks
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Default removal
Hi I’m new to forum but basically just wanted some advice. I had arrears with Barclay card and rang to clear the outstanding arrears but this was after the deadline. I was told by the adviser that it would be ok he could go in and make sure the default didn’t get placed. Unfortunately it did and to be honest at the time I…
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Does a credit report show what I actually spent the credited money on?
I've been doing matched betting for a while, which requires gambling transactions to be made, I made these gambling transactions using my overdraft. An experian article says "While your credit report features plenty of financial information, it only includes financial information that's related to debt." When a mortgage…
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Advice on utility bill on credit report needed
I received a water bill and because I'm on a meter there was possibility there was leak at the property so when I received the bill I called them and they said they would send someone out to investigate if there was a leak and would put aside the outstanding bill for 28 days to allow investigation of possible leak. I have…
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Credit association
Hello all, I'm brand new to posting but I have followed the forums for a long time. I'm just after some advice. My ex partner still resides in a house where we are both on a joint mortgage. We have been separated for a number of years. Things are very amicable. We were unfortunately part of the together mortgage from NR.…
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Accounts Removed
Hi, Iv recently moved house and updated my new address with my current accounts and credit cards however ClearScore sent me a message today letting me know that both my current accounts have been removed as well as my credit cards. Will they re-appear next month again or do I need to do something? Thank you for any advice…
