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Barclaycard offer compensation for their mistake.
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keel
Posts: 8 Forumite
Hi,
I have a Business Credit Card with Barclaycard.
I have just received a letter, out of the blue, form Barclaycard. They tell me they have given information to Experian, in error, which may have affected my credit rating.
Although that assure me the mistake has been rectified, the enclosed a cheque for £300 as compensation.
Should I accept and what kind of affect would this mistake have on my Credit Report?
Thanks!
I have a Business Credit Card with Barclaycard.
I have just received a letter, out of the blue, form Barclaycard. They tell me they have given information to Experian, in error, which may have affected my credit rating.
Although that assure me the mistake has been rectified, the enclosed a cheque for £300 as compensation.
Should I accept and what kind of affect would this mistake have on my Credit Report?
Thanks!
0
Comments
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Accept the money, wait a month, and then obtain all of your credit reports to be certain that there is nothing 'amiss' on there.
Accepting the money won't affect your report. Them not correctly fixing whatever blunder they have made that they feel is worth £300 almost certainly will.0 -
There's 100's of other threads similar to this one on the forum.
Accept the £300, check your reports in a month to make sure everything's ok. Don't bother trying to push for more money, it's a waste of your time.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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