Credit Report searches - What counts and what doesn't?

BugsyBrowne

Simon7685 wrote: »

So if someone defaults on a credit arrangement today and the lender does not register the default until next January then that person suffers the effects of the default for 6 years 10 months?

Is that right, as that is how I am understanding it.

No the lender actually suffered as they didn't get their money!! As for dates on defaults no matter what the date is when it hits your credit files that's when the six years will start.

Many people get away from NOT paying thousands & thousands of pounds back I certainty wouldn't say 6 years is suffering.

YorkshireBoy

Simon7685 wrote: »

So if someone defaults on a credit arrangement today and the lender does not register the default until next January then that person suffers the effects of the default for 6 years 10 months?

Is that right, as that is how I am understanding it.

The "suffering" doesn't start until the (formal) default appears on your credit report, so it's still 6 years.

grumbler

stephane wrote: »

....not searches relating to obtaining credit report or insurance quotations. ....

I am no expert, but MSE article says

Space out applications, not just for credit but for car insurance, mobile phones and others, as all can leave searches on your file.

I know, it's not uncommon for them to be wrong though.

Simon7685

BugsyBrowne wrote: »

No the lender actually suffered as they didn't get their money!! As for dates on defaults no matter what the date is when it hits your credit files that's when the six years will start.

Many people get away from NOT paying thousands & thousands of pounds back I certainty wouldn't say 6 years is suffering.

Actually NO the lender did not suffer in this case as it was all charges!!! £35 for something that costs them pennies.

It must be so nice to be so righteous to never make any mistakes Bugsy and to spend your life giving people grief when you don't know the circumstances............
Something you excell in!!:(

BugsyBrowne

Simon7685 wrote: »

Actually NO the lender did not suffer in this case as it was all charges!!! £35 for something that costs them pennies.

It must be so nice to be so righteous to never make any mistakes Bugsy and to spend your life giving people grief when you don't know the circumstances............
Something you excell in!!:(

How I act on here is not how I act in everyday life, try not to take my posts to seriously because if you do you'll only work yourself up...

I'm probably the most hated poster on MSE to new and regular posters but believe many regular posters know me by now and don't get involved and wind themselves up as at the end of the day just because I might sound harsh deep down I don't mean to pi*s anyone off As I just say what I feel at the time.

bigadaj

BugsyBrowne wrote: »

How I act on here is not how I act in everyday life, try not to take my posts to seriously because if you do you'll only work yourself up...

I'm probably the most hated poster on MSE to new and regular posters but believe many regular posters know me by now and don't get involved and wind themselves up as at the end of the day just because I might sound harsh deep down I don't mean to pi*s anyone off As I just say what I feel at the time.

Really, in my experience you seem to take criticism a little personally....

BugsyBrowne

bigadaj wrote: »

Really, in my experience you seem to take criticism a little personally....

Yes agree but you'll have to just ignore it as at the end of the day we all just usernames on a forum not mates and for all I know you could be a 75 year old weirdo sitting on your sofa with Ben 10 pajamas on.

Like I say most of my posts are more putting my point across not personally attacking anyone and those who don't like my posts generally just ignore them.

bigadaj

BugsyBrowne wrote: »

Yes agree but you'll have to just ignore it as at the end of the day we all just usernames on a forum not mates and for all I know you could be a 75 year old weirdo sitting on your sofa with Ben 10 pajamas on.

Like I say most of my posts are more putting my point across not personally attacking anyone and those who don't like my posts generally just ignore them.

Fair enough, actually im a 150 year old shoal in monk living ona cloud

The_Boss

BugsyBrowne wrote: »

Yes agree but you'll have to just ignore it as at the end of the day we all just usernames on a forum not mates and for all I know you could be a 75 year old weirdo sitting on your sofa with Ben 10 pajamas on.

Like I say most of my posts are more putting my point across not personally attacking anyone and those who don't like my posts generally just ignore them.

I'd really love to see you replying to threads in the Debt Free Wannabe forum for a day