Cleaning up my credit reports

sweeper12

Does anyone know how long after discharge this can be done ? I would like to check everything as soon as possible and correct any defaults that might still be on my files. I have the info about how to do it but don't know when to start the process.

Sweeper

philnicandamy

There is no rule about credit clean up limits timescales etc as far as i'm aware, usually soon as possible really its entirely up to you when, I received my discharge on Nov 1st & sent for my credit files a week or so afterwards, not that much to clean up really so not as bad as I thought !

Phil

sweeper12

Thanks for that Phil

I was hoping that was the case. I'll do mine as soon as poss, like you, maybe a week or so afterwards.

Ta

tigerfeet2006

Hi Sweeper,

Here's Fermi's guide to cleaning up your credit reports.

Creditors can default the accounts, but it should be a single default dated NO LATER than the date of the bankruptcy order. The account should also be marked somehow to indicate it is satisfied/settled.

Go to the following link to see exactly how your Credit Reference Files and account info should have been correctly updated:

CREDIT REFERENCE FILE CLEAN UP – POST BANKRUPTCY

Then for the accounts that are not correct write the letter in the next link to their "data controller(s)" by recorded delivery.

Letter to former Lenders post Bankruptcy

If they then fail to update your account and records correctly, raise a complaint with the Information Commissioner:

How to raise a complaint with the Information Commissioner

If necessary the Information Commissioner will force them to update correctly, and even fine them heavily if they don't.

The process is a bit lengthy, but it always gets the job done.

(with thanks to Fermi )

Oh! and make sure you check that all 3 credit agencies have the correct data.

fermi

Not my guide.

It's the work of the very smart Tim/TalbotWoods at DQ.

tigerfeet2006

well you're the one that originally posted it on here first. So I call it your guide. Will rename it then

sweeper12

Than you for the info

I'm hoping that my credit files are fairly up to date with the BR and stuff but judging by the fact that I'm still getting DCA's ringing me, I somehow doubt it :rolleyes:

sweeper12

Blimey

Talk about coincidence, Link financial services just called me to discuss my debts from MBNA. The bloke told me the debt had been sold to them in July so I told him I'd been BR since January. I told him that I'd informed MBNA, by post, in January and he was a bit shocked that they had flogged them a BR's debt. He checked on the IS website and saw my details so he closed my outstanding accounts and said he was going to send them straight back to MBNA with a sharp letter

He even told me to check my credit files after discharge - he was an okay guy for a DC, giving me advice and stuff, I'm quite shocked.................

tigerfeet2006

It's good when you get some one who is resonable but one would ask the question would he have been so resonable if you weren't BR? Also would you have gone bBR if they had been more reasonable with you?

sweeper12

Hi Tigerfeet

I think that's why I was shocked - someone actually being reasonable with me, I'm not used to it from anybody financially connected so it made a bit of a change not to be threatened.

Sweeper

tigerfeet2006

Well at least you don't have to worry about those lovely financial people ever again.