Sub Prime Credit Thread Part II

sutton111

never-in-doubt wrote: »

Yup - just had it overturned.... got call at 16.15 today mate......

Will get stuff through in next few days and best of all CIFAS has gone from Equifax..... marvelous start to the day! I sent a cheque for 50quid with my appeal - maybe this swayed them (proved I had a full account or summat?)

I wont use Lloyds though, scared to now haha

Did they accuse you of account fraud?

sutton111

never-in-doubt wrote: »

Yup - just had it overturned.... got call at 16.15 today mate......

Will get stuff through in next few days and best of all CIFAS has gone from Equifax..... marvelous start to the day! I sent a cheque for 50quid with my appeal - maybe this swayed them (proved I had a full account or summat?)

I wont use Lloyds though, scared to now haha

By the way - my SAR's are already out of date cos my CIFAS sar clearly shows the Lloyds cifas! Evidently that aint there any more! Bummer! I'll have to argue loads of things I guess then go back in like 3 months and SAR them all again!

Learning curve - the only people worth SARing are the 3 CRA's and Hunters. The others are useless.

Save your dough...

Does you CIFAS show on your Experian and Equifax SAR?

I really wish you would post this information.

never-in-doubt

sutton111 wrote: »

Did they accuse you of account fraud?

No mate CIFAS said this:

Code 04 - Application Fraud - Facility Refused.

Reason for refusal: Applicant failed to disclose linked address with adverse data present.

Reason for facts: Searched local Electoral Records, CRA's Records & County Court Records.

Communication: Appeal by applicant. U/W rev/imm (I have learned this means underwriting reversal imminent)

never-in-doubt

sutton111 wrote: »

Does you CIFAS show on your Experian and Equifax SAR?

I really wish you would post this information.

On my CIFAS sar It shows two CIFAS - same layout as CRA's show you but with additional details and reasons they added it and who they used for the data etc (i.e. the cra's and electoral roll)

My equifax sar shows everything but I have only glanced over it cos it is wrong, some pages are not mine. My Experian is weird, it shows like everything and all the fraud stuff. I may post this once i've had my lawyer check over it cos I am gonna sue. I need to make sure posting it will not jeapordise my claim as it almost done with UK26.

Sorry mate, will become clearer soon when i've sorted the legalities etc..... put it this way, for a tenner BUY one! Interesting reading mate :rotfl:

clio

Can anyone tell me about searches on credit file.
Would 2 look bad in 1 day but none in last 6 months. And what does a search reveal too other lenders.
Will they pop up from behind the sofa and say aghhhhh searches = apr increase / credit limit reduced etc etc??

sutton111

So it doesn't show your secret CIFAS from Lloyds on your CIFAS SAR? Isn't that against the law.

never-in-doubt

clio wrote: »

Can anyone tell me about searches on credit file.
Would 2 look bad in 1 day but none in last 6 months. And what does a search reveal too other lenders. Will they pop up from behind the sofa and say aghhhhh searches = apr increase / credit limit reduced etc etc??

I just answered your Citi question in other thread... they search Experian for CC and EX & EQ for the bank account mate. #12

No, the lenders only look at the last 6 month as a whole, not day by day/week by week. They see the same as you to an extent, i.e. searches made in last 12 months / last 6 months and go from that data.

They do this cos they realise people will apply (sometimes without knowing) for several products in a short space of time, i.e. to change banks you need to enquire with several so may take 3 searches.... get the idea?

sutton111

clio wrote: »

Can anyone tell me about searches on credit file.
Would 2 look bad in 1 day but none in last 6 months. And what does a search reveal too other lenders. Will they pop up from behind the sofa and say aghhhhh searches = apr increase / credit limit reduced etc etc??

I would say it would be too detrimental towards you Clio.

It would reveal payment history, County court judgments, Defaults, CIFAS, who you have applied to. Everything really Clio.

BUT :eek: your safe with one thing it wouldn't tell them your a Newcastle supporter so don't worry about that.

never-in-doubt

sutton111 wrote: »

So it doesn't show your secret CIFAS from Lloyds on your CIFAS SAR? Isn't that against the law.

Yes, I told you mate it shows 2 - one from lloyds and one from hbos #4325 . this is transparrent on the cra sar's and the cifas sar. Thus cifas was really a waste of money but i've learned now. I mentioned in earlier post that the best ones to sar are the 3 cra's and hunters - forget the rest as these 4 have ALL the data you need :-)

see post here - #4321

Edit: I thought I had a secret cifas, basically it was not showing on equifax that is all - then all of a sudden it did, now its gone for good cos I got the account

sutton111

So Experian and Equifax show your CIFAS and everything else then.

What's pointless about the rest then?