Can't get a current account

meiona

Hi, I have a recurring issue that I can't get a full bank account, with any bank. They say it's because I'm failing credit checks with Experian and I have negatives coming up.

I have no CCJs but Experian keeps saying I have. I have tried to sign up to their trial, but every time they want to send me something through the post, so I can view what has been put against me. The problem is, no letter ever comes. I have contacted Experian, but they say my account hasn't been set up.

I have never had anything that could give me a bad credit scoring as I never have had a contract phone or a credit card or anything like that. I am only 19. It seems Experian can say what they like and not let the person be able to know exactly what they have 'done wrong'.

Anyone else had this issue?

Meiona

stclair

You will just need to send what ever is required to get a copy of your credit report otherwise you will never know what the issue is!!

pqrdef

Basic bank accounts aren't reported, so if you've never had credit, there's no reason that you'd be on their radar at all. When banks look you up, the computer is looking for the best match it can find among people it actually knows about, and is finding somebody else and reporting them..

Experian can't send you details of somebody else's defaults. It would be a criminal offence if they did.

It's a basic design flaw in their stupid and misconceived operation. There's nothing you can do about it. There's probably nothing they can do about it.

Write to your MP, the FSA, the OFC, and Santa Claus. Threaten to sue. Jump up and down and scream. That'll probably do the most good.

BASFORDLAD

Just get a basic account.

I would suggest coventry/Yorkshire/Derbyshire building society.

Experian won't put a letter in the post to yo
Send of for the statutory report trough the post which costs £2. The is the link

http://www.experian.co.uk/consumer/statutory-report.html

davethorp

pqrdef wrote: »

Basic bank accounts aren't reported

Some are. I've had basic accounts with Natwest, RBS and the Co-op all of which were reported to the CRAs

BASFORDLAD

davethorp wrote: »

Some are. I've had basic accounts with Natwest, RBS and the Co-op all of which were reported to the CRAs

Correct some indeed are

thatsean

Apply for your statutory credit file through the post, this will let you see what's 'against' you. You need to do it for all three CRAs so will cost you £6 in total.

Whilst you may be able to get a basic account, you need to understand if there is adverse data on you.

Experian_company_representative

BASFORDLAD wrote: »

Correct some indeed are

The only information about current accounts that banks can register with the credit reference agencies relates to the overdraft element of the account, which is the credit bit. Basic accounts don't have an overdraft facility so can't be included in your credit report.

James Jones

stclair

Experian_company_representative wrote: »

The only information about current accounts that banks can register with the credit reference agencies relates to the overdraft element of the account, which is the credit bit. Basic accounts don't have an overdraft facility so can't be included in your credit report.

James Jones

RBS Group basic bank accounts report to experian on a monthly basis and they do not have overdrafts available.

jen245

Experian_company_representative wrote: »

The only information about current accounts that banks can register with the credit reference agencies relates to the overdraft element of the account, which is the credit bit. Basic accounts don't have an overdraft facility so can't be included in your credit report.

James Jones

I had a basic Lloyds cash account for a while, with no credit facilities whatsoever, and it shows on all 3 of my credit reports.

Experian_company_representative

OK, let me look into this! I'll be back.

James Jones