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    • Morte
    • By Morte 12th May 18, 1:47 PM
    • 2Posts
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    Morte
    Can debt collectors see card applications?
    • #1
    • 12th May 18, 1:47 PM
    Can debt collectors see card applications? 12th May 18 at 1:47 PM
    About 7 years ago I went out of work and defaulted on a lot of cards/loans (about 40k in total), which I have paid a pound a month on since (so no CCJs etc). I am now back in work, in a decent job at 28k pa, and thinking about making settlements on those debts. I'd like to do this in my own time, choosing who gets the first offer(s), and have discretion to e.g. fix the hole in the roof first. So whilst I won't lie about being back in work, I don't want to advertise it either.

    I would like to get a second card, on top of my one and only debit card, in case the debit card fails on the road -- I had a non credit related chip failure recently and was lucky to have cash on me.

    I could get another current account with debit card and put some money in it. I could also get a "credit builder" card to pay off in full every month (I've learned my lesson).

    What I'd like to know is whether the collection agencies who hold my 8 long term debts will see the application, its (hopeful) success, and my new salary. I imagine if they learn about it they will do their best to take my life over.
Page 1
    • sourcrates
    • By sourcrates 12th May 18, 1:53 PM
    • 14,034 Posts
    • 13,288 Thanks
    sourcrates
    • #2
    • 12th May 18, 1:53 PM
    • #2
    • 12th May 18, 1:53 PM
    What I'd like to know is whether the collection agencies who hold my 8 long term debts will see the application, its (hopeful) success, and my new salary. I imagine if they learn about it they will do their best to take my life over.
    Originally posted by Morte
    Hi,

    Its absolutely no one else`s business, why would you think it was ?

    Current accounts are shown on your credit file as a snap shop of your balance on a particular day of the month, no one has access to your bank statements except you and your bank, there is a law called the Data Protection Act that see`s to that.

    If you have debt, you may be turned down for a current account, in which case a basic bank account will be more appropriate for you, that always shows a zero balance on your credit file.

    No one can or will, take your life over.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
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    • Gary_Dexter
    • By Gary_Dexter 12th May 18, 3:00 PM
    • 1,152 Posts
    • 644 Thanks
    Gary_Dexter
    • #3
    • 12th May 18, 3:00 PM
    • #3
    • 12th May 18, 3:00 PM
    Credit agencies do not see your salary.

    They will list your bank account with a balance of zero unless you have an overdraft.

    Also to be blunt - you owe a large sum of money and they could at any time decide to request bigger payments from you and ask you for a statement of earnings and outgoings and demand more money.

    And they could stull apply for a ccj despite payments being made, especially if you refuse to provide what they ask.
    • molerat
    • By molerat 12th May 18, 4:13 PM
    • 18,593 Posts
    • 12,744 Thanks
    molerat
    • #4
    • 12th May 18, 4:13 PM
    • #4
    • 12th May 18, 4:13 PM
    Credit agencies may be able to see your salary as anything you put on a credit application may be passed to National Hunter and is available to others that use that source.
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