Who regulates Credit Agencies and Debt collectors?

Stabilo_Boss

Skiff85 wrote: »

I have no idea what type of search that they did, it was several years ago and if equifax can look back that far I haven't worked it out yet as the only searches I can see are in the last few months so I assume it only goes back a year.

Yes, only a year with Equifax and Experian...

sirwiggum

Noddle is free and I've found it to be a fantastic tool.

During my DMP with Defaults on file, I had to avoid certain jobs that would run a credit check. Such is life. I knew not to apply.

Tixy

With regards to the CCJ being shown as satisfied.

The credit reference agencies receive data regarding CCJs from the Registry Trust.
The Registry trust is the official database of court judgements and gets data from the courts.

Information from the Registry Trust website explains the process of you obtaining a certificate of satisfaction/getting the entry updated to satisfied.

See here - http://www.trustonline.org.uk/understand-judgments-fines/certificate-of-satisfaction-satisfied-vs-unsatisfied-ccjs

If you've paid the CCJ in full, however, you can apply to have it shown as satisfied by showing the court your receipt. If you can't get this type of proof, the court will write to the person who won the CCJ.

So you inform/prove to the court the debt is paid. They update the registry trust who in turn update the credit reference agencies. I believe this is explained in the paperwork you receive from the court with the judgement.

You can also ask the court for a certificate of satisfaction in case you need to show it yourself (e.g. to the potential employer)

From the same link

If you also want a certificate showing that it's been paid you can apply in writing to the court that last heard your case, for a 'Certificate of Satisfaction' enclosing:
a) evidence that the debt has been fully repaid,
b) a statement advising that reasonable steps have been take to obtain such evidence but you have been unable to do so; or
c) a statement advising that you believe the evidence of payment is already held at the court;
d) and the court fee of £15 (cheque payable to HMCTS)

In terms of this

Skiff85 wrote: »

I explained to them that I had recently been issued a ccj but it had been settled

That sounds as though it was settled quickly. How long after the date of the judgement did you settle the debt? Was it within a month?

Skiff85

Tixy wrote: »

That sounds as though it was settled quickly. How long after the date of the judgement did you settle the debt? Was it within a month?

I'm not sure about this, I am in the process of finding it out with the courts and debt agencies as I have been informed that if it was within a month the ccj should be taken off of my report?

Tixy

Skiff85 wrote: »

I'm not sure about this, I am in the process of finding it out with the courts and debt agencies as I have been informed that if it was within a month the ccj should be taken off of my report?

Yes if it was within a month and you can prove that to the court then the court should inform the registry trust to remove the CCJ from your record, which will then flow through the the CRAs.

If not within a month but you prove to the court it has been paid then it should be marked as satisfied (but still remain on your files).