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settlement and my credit record
cleevenick
Posts: 1 Newbie
in Loans
Hi,
I have a (seriously) impaired credit record due to the fact that I signed a Directors personal guarantee on a business loan, where the business failed in 2010. This also impacted a personal loan I had with the same bank.
I have now agreed a settlement figure with the bank to wipe the slate clean, and am wondering if I should also be asking them to repair the damage to my credit record as part of the settlement - if this is possible.
Any advice greatly appreciated....
regards,
Nick
I have a (seriously) impaired credit record due to the fact that I signed a Directors personal guarantee on a business loan, where the business failed in 2010. This also impacted a personal loan I had with the same bank.
I have now agreed a settlement figure with the bank to wipe the slate clean, and am wondering if I should also be asking them to repair the damage to my credit record as part of the settlement - if this is possible.
Any advice greatly appreciated....
regards,
Nick
0
Comments
-
You can ask, but I would say there is very very little chance of them agreeing.
The Credit Record is meant to be an accurate representation of what happened.0
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