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Spurious default on credit
Having recently been declined for a loan, I signed up to access my credit reports on Experian & Equifax only to find there is a default on my record(s) from a company I have never heard of. Upon checking, this relates to a car insurance renewal in February 2003.
I received a renewal quote from my broker, which stated that because I had previously paid monthly, a loan of £732.18 had been secured on my behalf and paid to the broker. Due to the heavily inflated premiums, I declined the renewal quote, did not sign the acceptance form or the direct debit agreements & still retain original copies of all documentation.
It seems that the finance company concerned have registered this default against me - however, I did not receive the monies, my car was never insured by the broker & they admitted in writing that they had received the money.
Two questions - How can this default be registered against me ? And secondly, how can I get this judgement removed from the record ?
I received a renewal quote from my broker, which stated that because I had previously paid monthly, a loan of £732.18 had been secured on my behalf and paid to the broker. Due to the heavily inflated premiums, I declined the renewal quote, did not sign the acceptance form or the direct debit agreements & still retain original copies of all documentation.
It seems that the finance company concerned have registered this default against me - however, I did not receive the monies, my car was never insured by the broker & they admitted in writing that they had received the money.
Two questions - How can this default be registered against me ? And secondly, how can I get this judgement removed from the record ?
0
Comments
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Just tell the lenders to inform equifax, experian and callcredit if they know you didnt have the cash.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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