We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What is Debt Register ??
Brie
Posts: 15,102 Ambassador
I've seen some emails to someone in a lot of debt where a collection company is threatening to log their debt on "Debt Register".
They have stated Debt Register is an international credit scoring register, with whom we hold a corporate licence. Debt Register platform makes notification of defaulting companies available to Dun & Bradstreet and their global credit reporting partners. Having your company registered on Debt Register, could seriously affect your ability to obtain further credit, and if your company were to be registered on Debt Register, this will seriously affect your companies credit rating.
Now the debt in question is that of an individual not a business so is this relevant at all?
They have stated Debt Register is an international credit scoring register, with whom we hold a corporate licence. Debt Register platform makes notification of defaulting companies available to Dun & Bradstreet and their global credit reporting partners. Having your company registered on Debt Register, could seriously affect your ability to obtain further credit, and if your company were to be registered on Debt Register, this will seriously affect your companies credit rating.
Now the debt in question is that of an individual not a business so is this relevant at all?
I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions 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.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇🏅🏅
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇🏅🏅
0
Comments
-
Never heard of it, Brie.
Could it be non-UK?1 -
Its for companies to improve payment times by using the threat of having your company name added to this register of bad payers, apparently.
FAQ's - Debt Register
Nothing to do with individuals or consumer credit debt, just for the business sector.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-letter2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards