Bank loan - refused and now cleared default.

BugsyBrowne

con1888 wrote: »

They were to his old address, as far as he knew the contract had been ended and settled, that is until today when he got a credit report copy.


Well I only assume they were to his old address as none came here ( I open his mail - with permission) and he would definately not have let this lie, especially such a small amount.

I agree its only a small amount especially if a default has been issued as he will become a very high risk to lenders as other posters have pointed out and finding low interest loans and 0% credit cards won't happen for a few years.

Good luck getting it removed but can't see it myself.

con1888

BugsyBrowne wrote: »

I agree its only a small amount especially if a default has been issued as he will become a very high risk to lenders as other posters have pointed out and finding low interest loans and 0% credit cards won't happen for a few years.

Good luck getting it removed but can't see it myself.

No me neither, these things never seem to go in the lenders favour.

stclair

con1888 wrote: »

They were to his old address, as far as he knew the contract had been ended and settled, that is until today when he got a credit report copy.


Well I only assume they were to his old address as none came here ( I open his mail - with permission) and he would definately not have let this lie, especially such a small amount.

You need to include this in your email or letter to them, stating you believed that the bill was paid and upto date and you paid the bill in the first instance as soon as you was made aware of the debt.

stephane_2

You need to argue your points with Vodafone....the fact about change of address, thought the account was fully settled, that you would never dream of risking a default for the sake of £27.....etc. See what they say, if not willing to remove it then make a formal complaint and if that does not work then take your case to the final Ombnusman....but be prepare for a long battle, they won't give up that easily....

con1888

Thanks, I did mention to my mate that the only pheasable ( or however you spell that) explanation is that the letters were sent to an old or wrong address.

stephane_2

That will all depend on how flexible the finance company is willing to be....you can always apply & worse case scenario appeal their decision.

con1888

Thanks...

Not looking good. So frustrating for him and a reason why everyone should always check their credit file !!

con1888

He wont get finance as doesn't have a full license yet, just looked into that a bit more.


Even more annoyed at this sill meagre amount messing things up ! Just need to try save up as car isn't going to last much longer

con1888

co -op bank have offered him a loan, it says successful subject to technacalities and will send forms out in post...

.

stephane_2

Could be payslips for last few months, 3 months bank statements, proof of address....etc