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What your credit score really means
Hi! This is the discussion thread for the What credit scores really mean guide. Click reply below to discuss. If you haven’t already, join the forum to reply. Thanks folks,
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What your Credit Score really means - Please read first before posting about a credit score issue.
Hi all! This is the discussion thread for the What credit scores really mean guide. Well, what does your credit score really mean ?. By Martin If you've paid to get a credit score from one of the credit agencies, how reliable is it? We run through the truth about credit scores. I’ve just found out that my credit score has…
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New to the Credit File & Ratings board? Start here
Useful links to MoneySavingExpert.com guides * Top tips to build your credit score * How to check your credit report for Free * Credit Club * Build your credit history * Student credit scoring * Should I get a loan if I have a bad credit score? 💡 If there's a link you think we should include here, please send me a message!
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Default removed and account re registered
Hello I need some help please. So I had some financial difficulties back in 2017 and had no choice but to default on one of my accounts with three the balance was £500. Now six years later the default was removed from my credit file and three have now re registered it with the balance at £300 which is the correct balance.…
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Missing information and associates
I’ve recently found out that Equifax do not have any record of my bank account or credit cards. So although I use my cards every month and pay off in full this hasn’t been building up credit history. I have over a 300 point score difference between Equifax and Experian. 604 and 986 respectively. I’m in the process of…
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New MSE credit club says I have opened accounts when I haven't
It says this: You have 1 thing to work on You’ve opened a few new accounts recently You’ve opened three or more new accounts in the past six months. This is wrong, I haven't opened even one new account. Bizarrely when I go into the accounts section there are no new accounts.... It's not a problem as anything I want is…
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EV Finance 2 hard searches...
I appreciate car finance can mean at least one hard search and then return for 2nd sometime after applying. My latest Finance shows 2 hard searches one day. Is this correct.
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CCJ and Open account
Hi all, I have noticed something this morning on my CF and im not sure if its correct (likely is) but just wanted to check. I had a credit agreement that I went into default with; CCJ issued, payment upfront wasnt going to happen, payment plan proposed by me denied so it went to attachment of earning for less then what I…
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Settling outstanding debts not on credit file
Hi I have some outstanding debts from 2012 for which I have been paying £1 a month ever since. None of these debts show up on my Experian credit report (which is rated good) I have been offered a settlement sum for one and wanted to know what would happen if I paid off all these debts with settlement figure, would the…
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Victim of Fraud
3 Months ago my husband noticed on Companies House that someone had opened a business very similar name to my business but used MY NAME, DOB but different address in a different county. I emailed and telephoned Companies House explaining what we have found and that i wanted my name to be removed or the business closed…
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Cifas Marker (misuse of facilities)
Hi Lloyds bank put Cifas marker on my name in 16 April 18,so on 17th April 24 I did DSAR and it's been removed from CIFAS database. My question is - 1 - I wanted to buy a house and it's been reserved,what is the chances to aprove the mortgage after kne week of Cifas removed? 2- misuse of facilities marker was not showing…
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Piggybank loans and credit file
I defaulted on a piggybank loan in 2013 which to be honest I was in the process of moving was only £100 I thought it had gone through as was linked to my bank card . Fast foward 7 years later out of the blue piggybank contacted me asking for the money and I noticed they had put hard searches on my creditFile a year after…
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Civil National Business Centre CCJs
I could really do with some advice because I am at a loss as to how to contact this court. My Clearscore alerted me to a change to my report in February and I was gobsmacked to see a CCJ from the CNBC added to it, I instantly called them up but could not get through despite waiting for an hour on the phone. I tried them…
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CCJ enforcement time
Hi Everyone, What's the time frame after a parking offence that a private company has before they can issue a CCJ. For example if you parked somewhere in January, is there a specific time frame that they have to serve the CCJ or can it be whenever they like? Just wondering, thanks!
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Will this help with my credit score?
I don't have any credit cards or loans. Just a mortgage. I am in need of a loan for a car so will be getting one soon as we have just paid off our PCP finance in full on our other car and need to change to a different car. I want to get an American express CC to rack up air miles. I also want to get a second CC with 0%…
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Applying for an AMEX CC with a default
Hi, Back in 2020 I received a default. Won't get into the details of it but it was for £30 and I had no idea the bill even existed. Other than that, I pay my bills on time, have a mortgage and have just recently paid my car off in full after using PCP. I'm trying to improve my credit history by getting credit as I did not…
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An Adverse Utility Account settled in 2016 (not bankruptcy) is still on my credit report?
I had a dispute with Npower during 2015 which went to the energy ombudsman and was eventually settled in 2016. There were numerous errors by Npower and an agreement was reached. This was a period where Npower had major billing problems. The adverse account is listed with the 3 agency 'Check My file' (under Experian…
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Creditkarma app v Transunion score on my banking app
For years I’ve only really tracked my credit score using the Transunion scoring, and associated suggestions, via the provision I have with the app from my high street bank. I only have two credit cards, both with that bank. One I barely use but keep open because I can use it for free abroad, and the other one I use for…
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MSE Credit Club: Experian or TransUnion
I know that the MSE Credit club is changing its credit reporting base from Experian to TransUnion. It was no surprise therefore when it showed my TransUnion credit report a few days ago. Now however, it has reverted to showing my Experian credit report. Can I confirm this is also the experience of others on this site.
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JC INTERNATIONAL ACQUISITION LLC
Hi I have just been informed that my credit file has a default account on it. I was furious as I pay all my debts and accounts promptly and on time Searching my history I found this company listed as a default creditor: JC INTERNATIONAL ACQUISITION LLC Now I have no idea why I owe them (they are a debt recovery company) I…
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Santander - We need important information from you
Hi All, I received a letter today saying we ' we need to make sure the information we hold of you is up to date so we can access full range of products and services. This is also to meet UK legal and regulatory obligations. I have an empty current account, however my mortgage is also with them. They're asking for a lot of…
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£281 old debt and now can't get a mortgage
Hello, I hope someone can help me. I have put a chronology below. Because of this £281 old debt I am struggling to get a mortgage, I would be very grateful if someone could advise me. Thank you. * Debt with [COMPANY A] – amount owed £281.72 * 13/4/2020 I attempted to log into my account to pay the outstanding balance but…
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Cancelling CCJ timeline (paid within 30 days)
Anyone have experience of how long it took to get a CCJ cancelled, the court to issue a certificate of cancelling and/or removed from credit file? Partner got a CCj for a parking fine, paid within 30 days, legal company said they’d inform the court but he filled a N443 form as a belt and braces approach. As we were…