Moneysavingexpert.com/ Your Credit Rating discussion area

jinglespringles

Hi,

I have just gone through my credit reports (Experian & Equifax) and have noticed 1 month late payment warning by Orange (the account was then settled the following month).

I had cancelled my contract with them giving 1 month notice, however they then wrote to me to say i had not cancelled and i owed then £30. After i explained i was under the inpression that this had been sorted out.

Is it worth me phoning orange and ask them to remove this warning?

Many Thanks
Jingles

gre99y

i've recently discovered via experian that o2 have been regularly updating my credit report saying i owed them £780 which i havent done for over 3 years. i managed to get this resolved and they have updated my report but i still dont seem to be able to get any small credit to improve my rating.

what can i do about this/where can i go?

frankw5

skanger wrote: »

PS don't overay your mortgage, clear your payplan debts faster, then overpay your mortgage - that's my view.

Working in the mortgage industry, I would agree.

kdealie

In January this year to June I was travelling the world for 5months.

Before I left I paid up my personal loan with Abbey (it finished in December 2008).

My mobile phone contract ended in January 2008 so I had no direct debits running from my account and no regular income.

When I returned in June I struggled to get a job until I eventually started one on the 1st September 2009.

I recently tried to get a personal loan with Sainsburys only to be rejected due to my scoring with Experian. They advised me they could not tell me what was wrong with it and to contact Experian.

I tried to get my free trial but had to send off my ID to Experian, which I did, yesterday I logged onto Experian to access my credit rating, all the information they hold for me is correct, I paid the money to access my Credit Score and was informed my score is 999 (the highest it could possibly be) and that I have a excellent credit profile.

When I called Sainsburys to query this, they advised me that I should take out a credit card (which really makes me angry as I dont want to take out that kind of credit!) and to wait 6months so my credit score can increase, I advised the operator that I had already told her it cannot get any higher it is the highest it can possibly be.

Could anyone shed any light on the situation of why they may have rejected me if I am as Experian quotes "This type of credit history is an asset that can help you to get the deals you want and means you should pay lower interest rates than people with a poorer credit status"

Thanks.

Benja_2

Sorry im not trying to step on anyone elses questions but i need help asap!
Ok i'll start from the beginning, i'm 20 years old and am applying for a loan for £5000 over 4 years for a car. Now when i was first applying i'd failed to realise that i had one payment left (comes out beginning in November) then is finished, so when i applied for my first handful of loans i was declined for all. This off course has resulted in numerous credit checks on my account with me failing to realise that it leaves a foot print on my credit history. . . lovely.
Anyway, i've checked my credit report and obtained a credit score from Experian. The score? 999? But as a result when declaring that i do have a loan im still getting declined now. Now i've unfortunately just realised i've been scammed by 2 companies trying to obtain a loan in my haste. One being unsecuredloanscompany.net and the other being cash finance direct and im in the middle off getting my so called "admin fee" back from unsecuredloans.

Anyway to the meat of it all. I need a loan ASAP as i've put a deposit on this car. My credit history is spot on, just loads off checks. Does anyone know any good loan companies that will be able to help me out on this?

Need an answer ASAP as the car is just sitting there waiting and i need to get this sorted as soon as.

Thanks

Ben

Snowminx_3

I just completed my Experain credit report and it is absolutley shocking.....criminals would have a better one. So all of the above people, you are lucky to be even thinking about getting credit of any sort coz i am not!

Eyesparky

I have just received my credit files from all 3 major CRAs and have a query concerning the search information on the callcredit file (I have tried to contact them about it by phone but all their services seem to be automated and none lead to an actual person). Anyway, I have 2 searches on my file on the same day from an organisation that I have no dealings with, using incorrect date of birth with the search purpose "money laundering". I am concerned that someone has been attempting to open accounts in my name (each entry has differing capitalisation of the letters in my name). The company is Eurobet UK Ltd. Does anyone know anything about them and can anyone give me any information how these entries would affect my credit worthiness and the process to get them removed if possible?

vpb23

Hi

I just got an alert from experian saying that Lowell Finance have deleted the credit agreement summary, could someone tell me if the default will be deleted with it?

jay_girlsgirlsgirls

Hi there,

Just got my credit report, not any real surprises except the amount of detail they have of my past addresses!

Ive done a bit of moving in the last 5 years or so, and have probably moved around 10 times (all rental property).

Parents moved house, moved every year for uni, moved for an internship (moved a few times for that).

Does it looks bad that my credit report shows 25 adresses? Some are the same but spelt a little different, as seems to be common with flats when the same address can be written in different ways.

Does this have a negative impact / looks suspect to fraud?

Thanks,

Jay

blacklily

Lizzy wrote: »

Hi I have been reading a lot of the posts on here. I have had a problem with a default and with the help of the Consumer Action Group and a lot of effort It has been removed.

The basis of ANYBODYS CLAIM is that it is very very unlikely that YOU signed anything to say that ANYONE can keep transmitting your information for 6 years after an account was closed. The credit ref agencies got together and decided it would be a good idea to show your information for 6 years. When questioned and questioned they can not show any legal statute for this because there is none. It is ONLY STANDARD INDUSTRY PRACTICE, that does not constitue law.
It will be easier if the account has been settled but not always necessary. A defaulted account is a CLOSED account even if you still pay it. When it is closed all terms and conditions DO NOT apply anymore.
Credit ref agencies are a FOR MONEY MAKING BUSINESS and nothing else. That why when you query anything with them they always believe your supplier and not you because the supplier pays them millions for the service. They say to your supplier "is the default correct" and your supplies says "yes" and thats that.
How many of you even ever remember receiving a default notice ??? I can't because I never got one. Whoops some supplier breaking the law again.

Those of you with CCJs I'm afraid that is another matter they do have a legal right to show those but they are listed in the courts anyway.

Make no mistake a default or even a satisfied default will mess your life up for 6 years.

Pop over to the consumeractiongroupdotcodotuk website and check out the LEGALATIES section all the advice you need is on there. You have to do it yourself but you can.

I have got thousands of pounds back in bank charges and had defaults removed.

Get your life back

Lizzy

PS A huge thanks to Martin Lewis for directing me to that site. A lot of people on there have come from here so its home from home really. I have the same Avatar.

Hi,

I can't find the legalities section on the website you linked. Can anyone tell me where this is please?