Credit Score Dropped over 100 points in less than a month.

maxximus75

It's down to the data furnisher to supply the correct data to the CRA's.

bubby08

maxximus75 said:

It's down to the data furnisher to supply the correct data to the CRA's.

Can you expand?

D3xt3r5L4b

bubby08 said:

maxximus75 said:

It's down to the data furnisher to supply the correct data to the CRA's.

Can you expand?

CRA’s only report what lenders tell them. 

If data is wrong - go to the lender not the CRA. 

bubby08

Thank you for this, given the assumption that this will take a very long time is there any mileage in adding a notice of correction and can you let me know what if any impacts these have on credit applications.

thanks 

D3xt3r5L4b

bubby08 said:

Thank you for this, given the assumption that this will take a very long time is there any mileage in adding a notice of correction and can you let me know what if any impacts these have on credit applications.

thanks 

Why would you add a Notice of Correction?
For what purpose?
And yes it means every application you make needs a manual intervention. 

bubby08

To go on record to say that the linked address in my opinion is incorrect and bring disputed.

bubby08

D3xt3r5L4b said:

bubby08 said:

Thank you for this, given the assumption that this will take a very long time is there any mileage in adding a notice of correction and can you let me know what if any impacts these have on credit applications.

thanks 

Why would you add a Notice of Correction?
For what purpose?
And yes it means every application you make needs a manual intervention. 

And yes it means every application you make needs a manual intervention. 

is this true?

Willing2Learn

bubby08 said:

D3xt3r5L4b said:

bubby08 said:

Thank you for this, given the assumption that this will take a very long time is there any mileage in adding a notice of correction and can you let me know what if any impacts these have on credit applications.

thanks 

Why would you add a Notice of Correction?
For what purpose?
And yes it means every application you make needs a manual intervention. 

And yes it means every application you make needs a manual intervention. 

is this true?

Experian say "...if any lenders are considering your application with a view to lending you money, they have a legal obligation to read the Notice of Correction. However, they are not obliged to take this into account when deciding whether or not to allow you to borrow."  So manual intervention is required.
https://www.experian.co.uk/consumer/guides/notice-of-correction.html

sassy_one

The score is made up anyway, I've known people who had got a few defaults in one month and the score went up.

It's how they get people to pay for these credit report subscriptions.

D3xt3r5L4b

bubby08 said:

To go on record to say that the linked address in my opinion is incorrect and bring disputed.

IMO no