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Sub Prime Credit Thread Part III

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Comments

  • never-in-doubt
    never-in-doubt Posts: 20,613 Forumite
    noah271007 wrote: »
    Innoccent, what section the DCA searches appear on your credit report?

    It shows separately before searches - with equifax - with experian its at the top of the searches (as was on on my old reports).....
    :o 2010 - year of the troll :o

    Niddy - Over & Out :wave:
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    never-in-doubt wrote: »
    It shows separately before searches - with equifax - with experian its at the top of the searches (as was on on my old reports).....
    They are not seperate, they are all together ( Credit searches & DCA ).
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    noah271007 wrote: »
    It is bad news im afraid. Just as bad as default registered from what i have read!
    I got my iphone and littlewoods accounts when I had an a DCA search
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    never-in-doubt wrote: »
    Yes mate they will refer and remain for 2yrs.
    It is quite lucky that 2 of them will be removed, I spoke with the DCA who has emailed me to confirm the removal.
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    Oh yeah, anyone shed some light please. The DCA search from Lowell I have disputed and they have failed to respond. It has been well over the 28day requirement. What is the next step? I was under the impression that of the lender/DCA failed to respond they item was automatically supressed.
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    CHANGEyourMP wrote: »
    I think I read somewhere that DCA searches for outstanding debt will cause either a decline/referral with certain credit providers, also these searches take 24 months to be removed,:mad: unlike the normal 12 months!
    I will hold fire on my Capital One application then
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • Innocent_Guy
    Innocent_Guy Posts: 5,369 Forumite
    noah271007 wrote: »
    It is bad news im afraid. Just as bad as default registered from what i have read!
    I can't find anything relating to this. Please can you post a link?
    Bank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
    Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
    6 credit accounts closed in 2010!
    Official SOS Club number 001 - Dry until 01.07.10
  • never-in-doubt
    never-in-doubt Posts: 20,613 Forumite
    Innocent_Guy wrote: »
    They are not seperate, they are all together ( Credit searches & DCA ).

    i had one on equifax and it was separate mate.... ahhh, i'm talking paper copies which do look different to the online version remember! ;)
    :o 2010 - year of the troll :o

    Niddy - Over & Out :wave:
  • never-in-doubt
    never-in-doubt Posts: 20,613 Forumite
    Innocent_Guy wrote: »
    I can't find anything relating to this. Please can you post a link?

    Mate it is bad - it suggests to other lenders that someone may be seeking you. If they are not yours then you can easily get them taken off.

    Lowells are slow mate, I had issues with them cos they added mine. Buts its off now.

    Look at my CRA thread (Credit Reference Agencies)and there is a thing there about traces .....
    Traces:
    Unlike searches, a trace is performed by a tracing agent, sometimes referred to as a debt search. These are performed randomly by a Debt Collection Agency (DCA) and will show a date of search/trace and their name. Usually you will find one of these if you have a popular surname or have run-away from debt in the past. Incorrect searches/traces can be removed easily enough by writing to the CRA direct.

    How long does the data remain?
    Trace Searches stay on your credit file for a period of 2 years but can be appealed and removed if it is proven not to be you they are looking for.
    :o 2010 - year of the troll :o

    Niddy - Over & Out :wave:
  • Cash_Flow
    Cash_Flow Posts: 1,103 Forumite
    Innocent_Guy wrote: »
    Next have increased my CL by £150 yey!

    Is your statement date the 2nd of the month?

    Have you recieved your directory card yet?
This discussion has been closed.
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