secured loan vanished??

xlinephil

I'm currently going through a divorcee and have been having trouble with the ex paying her part of the split debt on time. Basicaaly, she took the house and the mortgage and loan secured against it, I took the personal loan. Initially, she and her new partner kept on top of the bills untill she started getting into arrears with Barcleys. £1200 worth of arrears later and I finally found out about the problem when I got turned down for a bank account. Anyway, my soliciter sent her a letter asking her to address the problem or at least commincate what I can do to help. No reply but this morning my credit expert account has no record or stain of this account anywhere? How can that be? How could someone with very poor credit find £30,000? Help...

kingstreet

Order statutory files from the other CRAs and see what's on them before you try anything else;-

Equifax

https://www.econsumer.equifax.co.uk/consumer/uk/gb_consumerletter.ehtml

CallCredit

https://www.callcredit.co.uk/stat-report-online/index.php?action=register_display&tpl=regPurchase

Thrugelmir

Speak to the finance house directly yourself .

xlinephil

I have rang the finance house and the loan is still present, with my name on it and in further arrears, but my credit score is now 972 (from 620 last week!!!) and it is not present on the report

Thrugelmir

[QUOTE=xlinephil;53034851_but_my_credit_score_is_now_972_(from_620_last_week!!!)_and_it_is_not_present_on_the_report[/QUOTE]

Lenders use different credit agencies to register their data.

So even if the loan is not on the one you are looking at. It will be on record somewhere.

xlinephil

It previously showed on my credit expert report, wondered why on earth they would remove it. Would it have anything to do with me putting a notice of correction on my report?

Dave_Ham

xlinephil wrote: »

It previously showed on my credit expert report, wondered why on earth they would remove it. Would it have anything to do with me putting a notice of correction on my report?

I personally do not think so, if you still want that bank account now might be a good time...!

Good luck

jmd4211

I know this is a serious forum, and the guidance I have received in the past month or so has been a great help, but seriously, nobody laughed at the first few words of the original post?

Thrugelmir

jmd4211 wrote: »

I know this is a serious forum, and the guidance I have received in the past month or so has been a great help, but seriously, nobody laughed at the first few words of the original post?

Nothing there that me smile.

Morgage_Confused

I laugheed and was about to post it quoted but thought the op might take offence and perhaps noone else noticed....

"I'm currently going through a divorcee"

Enjoy.

DVardysShadow

One of the strong possibilities is that the loan has been sold on by the original lender, upon which they remove all their data from your credit file. The Debt Collector who then buys the debt will enter all of the information under their own name.