Trust deed

edited 30 November -1 at 1:00AM in Credit File & Ratings
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stru75stru75 Forumite
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edited 30 November -1 at 1:00AM in Credit File & Ratings
Please help!!!! I had a trust deed 7 years ago and never missed a repayment. However im getting turned down for credit. I have checked my credit report and all the defaults still on it....How can i get these removed so i can start to rebuild my credit score.

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  • fermifermi Forumite
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    You will need to dispute the entries, which normally you would do via the CRA and by writing to the creditor. If included in the trust deed, writing to the creditor is fine, as the trust deed means they can't do a thing about the debt apart from take it off your credit file. ;)

    The process of sorting it is essentially the same as this one:

    click ---> Credit Reference File Clean Up Post Bankruptcy

    In your case, you would:

    - reference the TD instead of a bankruptcy
    - require that they change the default date to that of the start of your TD. As that is 7 years ago, then that would in effect remove it from your report.
    - require them to mark and record it as settled as per the finish date of your TD.

    If they refuse, then you take complaints forward with both the FOS and the ICO.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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