What lenders want... confused

Kt8

well ive checked my callcredit and equifax reports im really confused.

the equifax report states no defaults and account was settled in 2009 on a store card from 2007-2009. Late payments in 2007. No updates then til 2009 when settled.

the call credit report states a default and settled in 2009 (in the same month)


is this gonna shoot my chances??

Kt8

hi sorry to bump again..really stressed.

Thrugelmir

Kt8 wrote: »

well ive checked my callcredit and equifax reports im really confused.

Organisations only provide their datasets to one of the main credit agencies. So until an enquiry is made. Information is not recorded with the other agencies.

Conrad

Thrugelmir wrote: »

Organisations only provide their datasets to one of the main credit agencies. So until an enquiry is made. Information is not recorded with the other agencies.

I am finding lenders are making checks outside of thier ordinary prefered credit referncing. It's all a bit random and hard to predict which is why I hate those posts that claim 'oh this shouldn't be an issue'!.

OP - stop stressing. NO ONE could possibly second guess this. The only way you will know is by fully applying and taking it as it comes.

If you get declined, just make a plan to get ship shape and improve your score and retry again later.

Kt8

thanks conrad ...im starting to make myself feel ill with worry and stress over it..feels like my head may explode.

i will wait until my late payments drop off next may/june.

the default 2009...hope i can get it removed if not that will be the only blemish

thanks again

Dave_Ham

Sorry a little confusing.

What reports is the default showing on?

This will be a showstopper with many lenders.

Kt8

call credit only.
not on equifax
waiting to see experian..

feb 2009.

looking to get a mortgage next year with partner who has perfect history

Dave_Ham

No point in stressing now, may be worth seeing a broker in the New Year though.

Hopefully there is nothing on Experian, as a default may well preclude you from being on the mortgage.

Get the Experian and go from there..

All the best

sefton

Kt8 wrote: »

person in work think trying to scare me ....:o

my credit card limit is £200 (building credit opened it in 2010) and is never maxed out. Pay it off in full each month.

Think i am worrying as on my report my 'financial agreements' are still in RED 'warning'. Even tho it was all from 2007.
No missed payments on anything ever since.

If you have had the card for two years and your limit has not increased it suggests your credit rating is not that good

Kt8

ive been told by capital one they dont increase the limits on them cards anymore...also a friend is the same

we have a 20-25% deposit but it may be that my partner will just go on his own for the time being and i will join him on it once the default is gone (btw the default was paid and settled in feb 2009- there were no delays however i am seeing if it can be removed)