Incoming Cifas marker in a panic

dave1968

Hello I am in a bit of panic this morning as I just got an email from clearscore saying a change income tomorrow on my credit report. On checking I saw this on clear score

CIFAS added -

Product Code PCCC

Name 2

Type of CIFAS Record VM2

Fraud Date 12-10-2022

Now i understand what Cifas is protection against fraud but all my accounts are secure no weird searches for credit showing. But on the 12th / 10 I noticed on my credit file that I had a financial connection to my deceased mother who died 8 year ago - I had seen this before on Experian and had this financial connection removed as it was totally incorrect - i never had a financial connection to my late mother so was requesting equifax amend this.

The only other thing I can think of is i applied for a Fluid credit card around 8 days ago - never heard anything back as the application said it needed to check further.

So now im worried an incorrect CIFas marker is been added to my file and have read horror storys of bank accounts being closed / credit scores being affected and obtaining credit at all much more difficult. I have been working hard the past 3 years to improve my credit file and now left with only 1 CCJ and finally no defaults and now being hit with this. I wont know exactly what or where this CIFAS is coming from until tomorrow when my clearscore file updates.

I have requested dsar from CIfas but of course this will take a few days and its the weekend.

Does anyone have any knowledge about this and what the codes PCCC / VM2 could mean ? searched everywhere and cant work it out. Im in a panic now as dont know what it means or how it could affect me in the future.

Thank you for reading

Dave.

etienneg

I found this thread from 3 years ago:

https://forums.moneysavingexpert.com/discussion/6079874/cifas-vm2

If that's correct, it's a victim of impersonation record, which would be there to help you rather than anything sinister. I can't say for sure as I have no insider knowledge, but I would stop panicking and wait until you have proper information from CIFAS so you can understand definitively what it means. In case you don't know, the data protection legislation requires the data holder to explain in ordinary language anything that is in code.

dave1968

Hi thanks for the link ) I checked my equifax report and notice now a "a notice of correction" is listed on my personal information.

"NOTICE OF DISPUTE - THE INDIVIDUAL CONCERNED HAS DISPUTED THE ACCURACY OF THE INFORMATION REGISTERED AT THIS ADDRESS AND WE HAVE NOW CONTACTED THE SUBSCRIBER CONCERNED. CARE SHOULD THEREFORE BE TAKEN WHEN USING THE DATA AT THIS ADDRESS TO ASSESS THE CREDITWORTHINESS OF THE INDIVIDUAL CONCERNED."

this was added 13/ October 2022

it all seems linked now to me requesting equifax remove an incorrect financial connection to my late mother who died years ago. I opened a dispute with them on the 12 of this month to get that information ammended now it seems i have a notice of correction warning and an incoming cifas all linked to this. Wish I had never even bothered to ask for the incorrect financial association to be removed.

Thanks for reading Dave.