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Old default, just a quick question!
jumperjohn
Posts: 180 Forumite
in Loans
I have just applied for a car lease when maybe I should have waited but the deal is fantastic but short lived! The lease company uses Santander and I'm slightly worried.
My Equifax file is clean, two cards, a bank account and mobile all good, no late payments etc. Credit ratio is showing 45% but I have cleared this but as yet not showing.
Unfortunately I have a default showing within Experian for £250 with Clydesdale finance dated March 2007. This information is in fact incorrect, and even after sending letters to them and calling, now Barclay's partner finance, they are still dragging their heels so it still shows. After speaking to Barclay's they agree that the file should be removed but it's still there. This item isn't on other CRAs.
I am hoping that others may have applied for a car lease deal with an old default and I'm wondering the outcome.
I do realise that other factors play when applying for credit but I feel that I may qualify with other information. E.g. home address over 5 years, bank account, 5 years plus, job £37k, no loans, debts etc. Just this niggle.
My Equifax file is clean, two cards, a bank account and mobile all good, no late payments etc. Credit ratio is showing 45% but I have cleared this but as yet not showing.
Unfortunately I have a default showing within Experian for £250 with Clydesdale finance dated March 2007. This information is in fact incorrect, and even after sending letters to them and calling, now Barclay's partner finance, they are still dragging their heels so it still shows. After speaking to Barclay's they agree that the file should be removed but it's still there. This item isn't on other CRAs.
I am hoping that others may have applied for a car lease deal with an old default and I'm wondering the outcome.
I do realise that other factors play when applying for credit but I feel that I may qualify with other information. E.g. home address over 5 years, bank account, 5 years plus, job £37k, no loans, debts etc. Just this niggle.
0
Comments
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Does the incorrect default show as settled or still outstanding? If its settled, and even if they search experian, given the age and size of the default you might find you are still accepted.
If it still shows an an outstanding debt then I would imagine there is a good chance you will be declined (if experian is searched).
When did you apply for the car lease? did it give you a 'we'll get back to you' answer?A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
Does the incorrect default show as settled or still outstanding? If its settled, and even if they search experian, given the age and size of the default you might find you are still accepted.
If it still shows an an outstanding debt then I would imagine there is a good chance you will be declined (if experian is searched).
When did you apply for the car lease? did it give you a 'we'll get back to you' answer?
Hi. Your advice was correct. The detault is shown as settled and I got accepted for the loan. I just need for the old account to be removed.0
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