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How will this affect my credit rating?
Tiglet
Posts: 405 Forumite
Nearly two years ago I cancelled my phone account. Although I was paying by DD, they didn't clear the balance wth the DD but referred it to a DCA. I complained and it eventually went to the Ombudsman.
Their decision is that, so long as I pay the outstanding balance this month, it will be recorded on my credit file that the debt is the result of a dispute that has now been settled. They say that this will not have a "disproportionate" adverse effect on my credit rating.
Can anybody explain how adverse this will be, as I resent the description of this as a debt in the first place. Thanks.
Their decision is that, so long as I pay the outstanding balance this month, it will be recorded on my credit file that the debt is the result of a dispute that has now been settled. They say that this will not have a "disproportionate" adverse effect on my credit rating.
Can anybody explain how adverse this will be, as I resent the description of this as a debt in the first place. Thanks.
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Comments
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I don't know but hopefully someone more knowledgeable will be along soon!
Cat.xDFW Nerd Club #545 Dealing With Our Debt
never attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
the thing about unwritten laws is that everyone has to agree to them before they can work - *louise*
March GC £113.53 / £3250
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