Questions about what is really impacting my credit rating

Nasqueron

Thrugelmir wrote: »

There's no evidence as to the why application was declined. The response was most likely a standard reply to the question asked. As the person asked would have no idea as to the detail.

I don't disagree, the issue was more that an incorrect entry was placed on the file which would not have helped the application, therefore bit of compo is the least they deserve e.g. if it meant they couldn't get a house or wasted fees for the process.

As The Boss said, it's small fry compared to a mortgage but it's better than a poke in the eye :j

Thrugelmir

Nasqueron wrote: »

I don't disagree, the issue was more that an incorrect entry was placed on the file which would not have helped the application, therefore bit of compo is the least they deserve e.g. if it meant they couldn't get a house or wasted fees for the process.

We live in a world of compensation which merely results in higher prices for goods and services. May appear clever to the consumer. However the Company concerned still makes it money....

moneysaver7976

I am just happy that HSBC admitted it was their fault and agreed to remove the marker without any fuss, so all credit to them for that. What is irritating me is the fact that i have had to subscribe to two differnet credit rating websites both of which could take a few months for my rating to be updated, which means I will end up having to pay for this privilege. Also now until the CRA updates I am stuck and not able to progress with a mortgage application.

kaya

My wife has perfect records, never missed a payment, no debts , no outstanding credit etc and scored below perfect with experien, took out a new mobile phone contract and the score dropped even lower!

The_Boss

moneysaver7976 wrote: »

I am just happy that HSBC admitted it was their fault and agreed to remove the marker without any fuss, so all credit to them for that. What is irritating me is the fact that i have had to subscribe to two differnet credit rating websites both of which could take a few months for my rating to be updated, which means I will end up having to pay for this privilege. Also now until the CRA updates I am stuck and not able to progress with a mortgage application.

We've already said you don't have this rating that you keep mentioning. There's no need to subscribe to the websites. Just order your £2 statutory report from each in 6-8 weeks from now.

matttye

Thrugelmir wrote: »

We live in a world of compensation which merely results in higher prices for goods and services. May appear clever to the consumer. However the Company concerned still makes it money....

Companies throw money at consumers whenever they complain though.

I've received £50 and £150 for two separate issues I wrote to Halifax about but I didn't ask them for any of it.