EE default put on by mistake ruined my 5/5 credit score
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robbiestevens
Posts: 1 Newbie
HI guys found out 3 MTHS ago that EE dropped a default on my account,been on there for two years.Only found out when I applied for mortgage with hsbc and they bounced it out.The default was put on error EE have taken it off but I'm thinking I'm I due any compensation for them ruining my credit rating for two years. Anyone any idea's... Thanks rob
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robbiestevens wrote: »HI guys found out 3 MTHS ago that EE dropped a default on my account,been on there for two years.Only found out when I applied for mortgage with hsbc and they bounced it out.The default was put on error EE have taken it off but I'm thinking I'm I due any compensation for them ruining my credit rating for two years. Anyone any idea's... Thanks rob
You could in theory if you could prove that any credit you applied for in the past 2 years was at a higher rate of interest than if you didn't have the default. Or if any credit cards you already had would have offered you a lower rate. Or if any credit cards you had put up your interest rate because of the default.
You would need to get evidence of this from the lenders themselves (good luck with that) and in the case of the existing cards, actually paying interest on the balance. If you were clearing the balance in full (so no interest) your APR is meaningless.
Regarding the current mortgage application you could ask for compensation for the inconvenience but it's probably not even a night on the tiles worth, may as well ask but you shouldn't expect much.0 -
This might be relevant:
http://www.theguardian.com/law/2014/jan/28/man-16-year-row-laptop-loan-supreme-court-credit-rating
Could be worth having a chat with a solicitor - one of those that offers a half hour consultation for a tenner or whatever it is now.0 -
This might be relevant:
http://www.theguardian.com/law/2014/jan/28/man-16-year-row-laptop-loan-supreme-court-credit-rating
Could be worth having a chat with a solicitor - one of those that offers a half hour consultation for a tenner or whatever it is now.
Apples and Oranges.
Unless the OP has lost out on the house because of it there are no losses, only an inconvenience.
In the case you're referencing there was a whole load more to the story than the OPs.0 -
Apples and Oranges.
Unless the OP has lost out on the house because of it there are no losses, only an inconvenience.
In the case you're referencing there was a whole load more to the story than the OPs.
Yes, I'm sure there was, but the principle remains the same - organisation reporting to the CRAs causing a problem, unnecessarily. All I'm saying is, it could be worth a punt with the solicitor. Nothing ventured, nothing gained.0 -
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You might be able to get a £50 goodwill gesture or something, but as the others have said, don't hold your breath.Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.
ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.0
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