Notice of correction

millymoo1_2

Hi, Im trying my hardest to build up my credit score. I stupidly became a gaurentor for somebody who did not keep up with their replayments. I have checked my credit score and everything is clear barr this blip. How do I add a "notice of correction" onto my file????

[Deleted User]

What sort of correction were you thinking of adding? Did you pay their missed payments or did you default on them too?

Trajal

Did they write to you telling you there was a problem? My understanding is such that they must have issued you with a default notice prior to putting one onto your file. Acting as the guarantor should mean they had your name and address, are you saying that they never got in contact with you to give you a chance to resolve the missed payments before going straight to CRA with default?

millymoo1_2

thankyou for replying. No I did not make the payment. To be honest it was 5 years ago and I was nieve and didnt realise the consequences of adding my name down. This person then never made the payments and by this point, I had a mortgage. Now a CCJ has been served this was about 3 years ago. The only letter I got was with regards to the court action. I just wanted to add a note to say that I no longer have dealings with this person, and if they look at all of my personal accounts etc they would see that payments have never been missed! its so frustrating especially now because i have a family and want a new car! and because of this persons actions i dont have a leg to stand on!!

[Deleted User]

You can try but I doubt it wil make any difference. When you became a guarantor you took on the obligation to make payments for them. The fact you don't keep in touch with the other person is neither here nor there I'm afraid.

millymoo1_2

youve just confirmed my doubts, live and learn is the moto. a frustrating one at that!!

millymoo1_2

do you have any tips on how to improve credit scores, or am I doomed whatever my score is due to the CCJ?

Trajal

Hangon, sorry, if they haven't informed you of the default they should not be putting it on your file.

As guarantor you said that you would make good on the loan if the person who you were underwriting reneged on it.

You did not say 'screw up my file' if the person you were underwriting reneged on it.

Did they let you know about the problems with the account and the default notice? If not then you shouldn't be putting notices on accounts you should be firing all guns blazing at them telling them directly to remove it and come to you about the account problems.

They have to follow procedure. If you were completely unaware until you saw the default and you have been reading your mail then they can't have followed that procedure.

All is not lost.

millymoo1_2

ahhh this is helpful stuff! I never heard from the company itself, just the court ordering the CCJ.

Trajal

Ok, well it sounds like they haven't followed any kind of procedure in terms of issuing a default.

First things first, send them a registered delivery letter requesting a copy of the CCA and a copy of the default notice. There's a template around here somewhere... Costs £2 as a statutory fee for you - include a postal order.

If they come back without those, or with just the CCA, then send a recorded delivery letter with a subject access request on it, again requesting a copy of the default notice addressed to you. Costs a £10 fee, again template knocking around here somewhere, data protection act, subject access request.

A company is *not* allowed to go around willynilly adding defaults to files without actually following the law, and by the sounds of it they haven't sent you any kind of letter (letter of default which gives you 28 days to pay or they will consider it to be in default etc).

This is a personal bugbear of mine, I've had 3 defaults removed that were incorrectly placed on my file, you can get them gone but you have to stick to your guns.

Also, may be worth sending them the 'only contact me in writing' and 'don't come and visit me ever' letters. Not for any particular reason other than they will realise you're covering yourself and this tends to make their collections departments nervous.

millymoo1_2

thankyou i will do this. If i need anymore help is it ok to ask?