Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
can debts from when you are under 18 stay on your credit file? a friend of mine got into trouble with britannia when he was 16 and it messed up his credit rating but from what i understand a minor cannot enter a credit agreement so it would have to be taken off by experian ? am i right?
I think you are because to give credit to a minor is against the Consumer Credit Act. If he did have charges from them he is entitled to all of them back. And a notice of correction to his file.
i would suggest that it is against the law for anyone under the age of 18 to be granted credit,
now i see no mention of the person setting out to obtain credit by deception,furthermore the company would surely have a duty to ensure that they have robust enough procedures in place to make sure that children are not granted credit
They were never good at checking if the person was over 18 as my sister was sent music CD and l was sent music CDs and Videos when we were both under 18.
I had just started college fresh out of school and she was fresh out of school in 6th form.
Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.
Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.
When someone signs an agreement with a company like Britannia, they should know they have to be 18 years of age.(if they have read the T's and C's. and the agreement, no ?). therefore setting out to obtain credit by deception.(unless the guy didn't read the agreement and did not realize he had to be 18. .)(That's me covering my back).I know it's completley unlawful to extend any kind of credit to a person under 18, but it happens. So if someone under 18 applies for credit and gets it, he can get away with running up thousands of pounds of debt, without having to pay it back, sorry but that cant be right.(or is it, I'm only a Painter and Decorator). say's It all really. . It's like saying you can rack up as many defaults as you like, before your 18, then getting them all wiped off your credit file on your 18th birthday. Which begs the question, at what age will your credit file start.?
Regards.
Scott.
Any advice I give is honest and in good faith.
If in doubt, you should seek the opinion of a Qualified Professional.
If you can, please donate to this site.
Help keep it up and active, helping people like you.
If you no longer require help, please do what you can to help others
Marroon, the answer is NO. The minors' contract act 1987, I believe, allows the Minor to ratify the agreement on maturity of age ie 18. Children's account from 11 will normally have the child's signature on them and the account will revert to an adult account on reaching 18 years of age.
Please remember the only stupid question is the one you dont ask so dont worry about asking the stupid questions.
Essex girl in pc world looking 4 curtains 4 her pc,the assistant says u dont need curtains 4 a computer!!Essex girl says,''HELLOOO!! i,ve got WINDOWS!!'.
Marroon, the answer is NO. The minors' contract act 1987, I believe, allows the Minor to ratify the agreement on maturity of age ie 18. Children's account from 11 will normally have the child's signature on them and the account will revert to an adult account on reaching 18 years of age.
Presuming that the "now adult" agrees to ratify it...?!
You cannot enter into a Credit Agreement with someone under the age of 18, a minor.
It is the creditors responsibility to ensure that the Law is adhered to..
period.
Regards, Dave.
If my post was helpful don't forget to click the star!
Advice is offered freely, without liability and without prejudice.
If in any doubt professional legal advice should be sought.
I do not profess to be in any way legally trained, I am a big
oily truck driver and all I know has been learned within the
Consumer Action Group.
A friend of mine sons had 2 standing orders go out of his basic student bank account. He didnt have enough money to pay them and he was charged £76 for the trouble which put him overdrawn.
I wrote to the bank on his behalf advising that he is not allowed any for of credit and they refunded the money
Whatever I post is my opinion and should be taken as such, an opinion. While it is what I believe and is offered in good faith, it should not be taken as a statement of truth
Isn't it wonderful how they think they the can give credit (albeit unlawfully) in the form of an overdraft to cover their penalty charges even when the acount holder is below majority.
Dave is correct - an under 18 cannot be legally granted credit of any kind
A minor cannot get credit. I can see how it could be both parties fault:
1) The creditor would need to prove they took adequate precaution to ascertain age.
2) The minor would not have a credit file, but then again neither would any say 20 year old without previous credit.
At the end of the day, even though a minor cannot obtain credit, it is feasible for the minor to give false information that the creditor cannot reasonably see as incorrect.
MTM I have read the link. I stand by my post, it really does depend upon the reasonableness of checks as to whether some-one is actually a minor. At 16 the creditor will lose but at 17 it is debatable as it is possible for the CRA not to have up to date electoral role info.
If a Minor enters into a contract for food, medicines, accommodation or clothing it doesn't make one jot of difference what age they are, so long as they are capable of understanding it, cos it IS binding upon them (...read the link again please!... ) + could be said to be Credit!!!...
debts from under 18 years of age
Reply With Quote
. It's like saying you can rack up as many defaults as you like, before your 18, then getting them all wiped off your credit file on your 18th birthday. Which begs the question, at what age will your credit file start.?
Originally Posted by vortex
)...
