How long to clear?

SollySaving

Other than this i cant see what the issue is, i have some credit history, and its good.  No CCJs or anything close, i've had 4 personal loans, credit card, overdrafts and storecards and always make my payments - less than £2.5k outstanding as we speak and all well under control.  I've had 2 addresses since 2009 and i have a decent salary and a permanent contract.  My ex is another matter however. Self employed, tiny income, large debt and benefit fraud. 

ItsComingRome

SollySaving said:

Other than this i cant see what the issue is, i have some credit history, and its good.  No CCJs or anything close, i've had 4 personal loans, credit card, overdrafts and storecards and always make my payments - less than £2.5k outstanding as we speak and all well under control.  I've had 2 addresses since 2009 and i have a decent salary and a permanent contract.  My ex is another matter however. Self employed, tiny income, large debt and benefit fraud. 

So what is showing on your credit files?  As has already been said they don't report to the CRAs.  I can find some info on them credit checking people for certain things (tax evasion investigation, tax credit applications) but nothing else.

Are you sure you weren't just tuned down on your own merit (or not)?  Could it be that the financial link has resulted in them checking your ex's files and turning you down based on something on there?  I really can't see how this is down to a HMRC debt.

SollySaving

Unless there's something I'm missing, my merit would be fine? (See previous post)  what was suggested to me when i chased this was that it was the financial links to my ex, which i have hopefully now fixed as our only links were the now dead joint account and that hmrc debt. 

[Deleted User]

Have you disassociated yourself from him? That means more than just closing joint accounts. You need to file a notice of disassociation with each CRA.

SollySaving

Ahhh, thank you!  No i havent!

ItsComingRome

SollySaving said:

Unless there's something I'm missing, my merit would be fine? (See previous post)  what was suggested to me when i chased this was that it was the financial links to my ex, which i have hopefully now fixed as our only links were the now dead joint account and that hmrc debt. 

No, you think it's fine. Plenty of people think that.  And then they find out they're not.

You can't look at your credit file and say "well I'll definitely get credit."  What a lender is looking for varies massively and you'll never know until you apply whether you fit their criteria or not, and if you don't, what exactly it was that didn't hit the mark.

It's entirely possible this is down to your financial association with your ex via the joint account, it might just be you but it definitely won't be to do with HMRC.

SollySaving

Yes, i do think i'm fine, and nobody has given me any clues as to what i've done wrong, so what am i supposed to do? 

Grumpy_chap

SollySaving said:

I recently applied for 2 car loans and was approved, but at silly rates so I did not take them.  I then thought I'd switch tack and put my only 2k of debt onto a 0% balance transfer card - I usually have them throwing credit cards at me, but it was point blank refused!  After investigation, it turned out my ex husband ran up debt with hmrc in both our names, and we still had a joint account for shared parenting funds.  The debt has apparently now been officially wholly transferred to him, and the joint account shut down - how long will this take to clear from my 'record' for lenders?  And will a credit card refusal ruin things?  I had a VERY good history up to all this and REALLY need a new car!?

Thanks for any help

I can't comment on the HMRC things but, with two recent car loan applications plus a CC application, you will probably help yourself if you avoid making any more credit applications of any kind for a little while.  How long can you delay the replacement car and / or can you buy a car from any savings?

SollySaving

I'm very desperate for the car, my current £900 model is a garanteed MOT fail and not economic repair 4th dec. and not enough savings, hence working hard to get this sorted!  I know it wont have helped, so I need to know when I'm ok to apply again.

ItsComingRome

SollySaving said:

Yes, i do think i'm fine, and nobody has given me any clues as to what i've done wrong, so what am i supposed to do? 

Well, that's not true. People have already said your financial link to the ex is a possible issue.  But you haven't given us a copy of your credit report (and no, please don't) so nobody can possibly comment on what's on there that might be a problem.

The point was that a lot of people think their credit files are fine, often because they a) have no idea what lenders like and don't like and b) are often very forgiving of any transgressions because, after all, they know the backstory.  They often fail to mention these when they come to the forum because, in their mind, they don't matter.

But in the real world, they get knocked back because those transgressions do matter to lenders who aren't interested in the backstory and don't know it anyway.

I suspect with 3 recent applications you're likely to be stuffed anyway at this point.  It's not a good look. And you need to get those notices of disassociation sorted before you even consider applying again.