VWFS Mis Selling Claim

MinuteNoodles

MrsM2016 said:

I think JonesMUFCforever is right that this post will just go on forever. Every time I post something it gets shot down, eg. giving the info I have a good credit score with Experian. If I hadn't have put that I'd have comments of "well maybe you didnt qualify for that offer because your credit score wasn't good enough" (TBF I got those anyway when there is no reason at all that I didn't qualify for the better interest rate), whereas when I post it I just get told that it has no bearing.

Because it doesn't.

From:

https://www.moneysavingexpert.com/loans/credit-rating-credit-score/

You DON'T have a uniform credit rating

 In the UK, there's no uniform credit rating or score, and there's no blacklist of banned people.

Each lender scores you differently and secretly.

lordmountararat

Lenders don't even get to see you credit score, which is a meaningless number dreamed up by the credit agencies. What lenders get to see is your credit history.

Clive_Woody

MrsM2016 said:

Every time I post something it gets shot down, eg. giving the info I have a good credit score with Experian. If I hadn't have put that I'd have comments of "well maybe you didnt qualify for that offer because your credit score wasn't good enough" (TBF I got those anyway when there is no reason at all that I didn't qualify for the better interest rate), whereas when I post it I just get told that it has no bearing. 

People aren't trying to shoot you down, but want to share valuable information that you can choose to take on board or simply ignore.

I think this statement above illustrates your financial naivety. Simply having a 999 score with Experian will not guarantee that you get the representative (best) rate from a lender, see the multiple posts on here from folk with a score of 999 who were offered much higher APRs when trying to borrow money. Lenders do not see your Experian score, they use their own method of scoring based on your credit history, current debt, earnings and probably a host of other factors (external and internal) that they do not disclose when deciding what APR they offer you. 

If you are building your case on the assumption that having a high Experian score automatically qualifies you for the best rate from lenders, then you are in for a nasty surprise. Sorry to be blunt but you need to take on board some of the advice offered.

Edi81

lordmountararat said:

Lenders don't even get to see you credit score, which is a meaningless number dreamed up by the credit agencies. What lenders get to see is your credit history.

Which they then use to build their own (internal) credit score for you.