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Unconventional information
stevemul
Posts: 22 Forumite
I have three joint buy to let mortgages with my partner. My accountant prepares my annual tax.The profit from the lettings is split with my partner and my net share is added to my pension and I get a net annual income figure. I declare this to Equifax and check my report.
The Equifax report shows the three full mortgages and my report states that I am near my credit limit as it implies that I pay these three mortgage payments from my net income.
This is obviously misleading and an incorrect summary of my financial situation.
Any ideas or suggestions?
The Equifax report shows the three full mortgages and my report states that I am near my credit limit as it implies that I pay these three mortgage payments from my net income.
This is obviously misleading and an incorrect summary of my financial situation.
Any ideas or suggestions?
0
Comments
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As long as the balances are correct, that's fine.
Ignore any CRA assesment of what this means.0 -
The CRA`s appear to have an opinion on most things these days.
It`s just opinion, nothing more, no one else see`s it, or has any interest in it.
Just a part of the great CRA game they play,I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
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