Trust deed 31 October 2013 at 7:19AM edited 30 November -1 at 1:00AM in Credit File & Ratings 1 reply 556 views

stru75

Please help!!!! I had a trust deed 7 years ago and never missed a repayment. However im getting turned down for credit. I have checked my credit report and all the defaults still on it....How can i get these removed so i can start to rebuild my credit score.

fermi

You will need to dispute the entries, which normally you would do via the CRA and by writing to the creditor. If included in the trust deed, writing to the creditor is fine, as the trust deed means they can't do a thing about the debt apart from take it off your credit file.

The process of sorting it is essentially the same as this one:

click ---> Credit Reference File Clean Up Post Bankruptcy

In your case, you would:

- reference the TD instead of a bankruptcy
- require that they change the default date to that of the start of your TD. As that is 7 years ago, then that would in effect remove it from your report.
- require them to mark and record it as settled as per the finish date of your TD.

If they refuse, then you take complaints forward with both the FOS and the ICO.