The importance of checking your credit record!

Top-ranking_Bug

Up until now, I have been too scared to check my credit reports, but as I became debt free in June last year, I decided this week (actually I was nagged to a frazzle by my daughter) to see what it was!
Thank goodness I did and how I wish I had done so many years ago while I was in debt!

Experian showed a default from Aktiv Capital/1st National Tricity which I couldn't figure out, as they were the first debtor to be cleared back in 2008.

So I registered with Noddle today, and lo and behold I was able to see financial records for Aktiv/1st Nat right the way back, and to my horror, there is an amount of £42 which was defaulted back to 2009 and is still showing as outstanding.

The lovely people at Stepchange gave me all the necessary details regarding payment dates and account numbers, and a telephone number for Aktiv. I phoned them and they too were at a loss as to why the £42 was put on my account a year after it was settled. Clearly an administrative error, about which no-one had ever contacted me. They are going to mark the account as paid, and ensure that the necessary agencies are advised and send me a letter confirming this and apologising!!

Hopefully this will improve my credit rating.

Oh how I DO wish I'd checked sooner!!!

CherlokHomes

Your credit worthiness will improve once the Default has been removed from your credit file and not until.

hellsbells0405_2

Can I ask what Noddle is?

I have a default showing on my file which shouldn't be there that's all

CherlokHomes

hellsbells0405 wrote: »

Can I ask what Noddle is?

I have a default showing on my file which shouldn't be there that's all

It's a subsidiary of call credit CRA.

sirwiggum

hellsbells0405 wrote: »

Can I ask what Noddle is?

I have a default showing on my file which shouldn't be there that's all

Noddle is a site that allows you to sign up and check your CallCredit credit file for free.

A useful tool for keeping an eye on credit file, albeit only CallCredit - Experian and the other one who's name escapes me have signup trials, monthly subscriptions or statutory 2quid reports.

Top-ranking_Bug

hellsbells0405 wrote: »

Can I ask what Noddle is?

I have a default showing on my file which shouldn't be there that's all

To comment on the 2nd part of your post, you need to contact the creditor and find out why there is a default - as I did today - and sort it out.

I have received the promised letter (via email) already (fast work, Aktiv Kapital, well done!) confirming that they "were pleased to receive your payment on 17th March 2009 so thank you." :rotfl:

They go on to state
"We can now advise that your account has reached paid in full status."
"If your account is registered with the Credit Bureau, this will now be updated to show zero balance."

So, well worth contacting your creditor and sorting out the default you say shouldn't be on your record.

hellsbells0405_2

Top-ranking_Bug wrote: »

To comment on the 2nd part of your post, you need to contact the creditor and find out why there is a default - as I did today - and sort it out.

I have received the promised letter (via email) already (fast work, Aktiv Kapital, well done!) confirming that they "were pleased to receive your payment on 17th March 2009 so thank you." :rotfl:

They go on to state
"We can now advise that your account has reached paid in full status."
"If your account is registered with the Credit Bureau, this will now be updated to show zero balance."

So, well worth contacting your creditor and sorting out the default you say shouldn't be on your record.

The default is from some years ago and to be honest I don't have the account details any more so wouldn't know where to begin