Tracing my old Debts...

bottleofbeans

Hi,

Some years ago I was rather stupid with money, I started defaulting on my loan, before completely ignoring it and eventually left the country.

I'm much more mature, in a much better financial position now and I want to rectify it. I've started by signing up to Experian and I've viewed my Credit Report tonight. There's a couple of things with O2 and British Gas that aren't correct which I will call them about.

However, the loan and the credit card that I had with a major bank which I defaulted on over six years ago isn't on there.

Does anyone know why that might be? Has anyone had a similar situation?

Thanks

Ian

sourcrates

bottleofbeans wrote: »

Hi,

Some years ago I was rather stupid with money, I started defaulting on my loan, before completely ignoring it and eventually left the country.

I'm much more mature, in a much better financial position now and I want to rectify it. I've started by signing up to Experian and I've viewed my Credit Report tonight. There's a couple of things with O2 and British Gas that aren't correct which I will call them about.

However, the loan and the credit card that I had with a major bank which I defaulted on over six years ago isn't on there.

Does anyone know why that might be? Has anyone had a similar situation?

Thanks

Ian

Hi beans,

Old credit entries only stay on your file for 6 years from default date, have you checked all three CRA's ?

bottleofbeans

Hi Sourcrates,

Thanks for the reply.

I've checked Experian only. I'm going to check Equifax now. What is the third one?

If entries only stay on your file for 6 years would something like the default on a loan affect a request for mortgage in 3-4 years? Providing I've worked to improve my credit rating?

Thanks

Ian

bottleofbeans

I've checked it on Equifax and the only problem on there is the fact it states I'm not on the Electoral Role. However, I am, so I need to ring both Experian and Equifax about that.

Equifax won't allow me to add some additional addresses though, that could be having an impact.

sourcrates

bottleofbeans wrote: »

Hi Sourcrates,

Thanks for the reply.

I've checked Experian only. I'm going to check Equifax now. What is the third one ?
Thanks

Ian

Noddle (call credit) free to use :

https://www.noddle.co.uk

bottleofbeans

Thanks again.

I can't get on Noddle, it says it can't verify me. My card is quite new and I've only lived here a year...

KirstyO

It took me the best part of 6 months to get on Noddle. When I signed up they fed me some automated response about not being able to access all of the details they needed to compile my credit report. 6-7 months later I got an email telling me that my account was ready. It's been fine since then, and in fact was the one I spotted HSBC putting a debt management marker on about 2 months after I had come out of DMP. Safe to say by the next update, that had been removed!