Thank you... If this is the case though surely some people would choose not to pay the whole debt off as it seems to make no difference if you do and the default dissappears after 6 years anyway? Or is that not the case? (I am paying mine off by the way, I am just curious)

Hope you can help me?I have been working in my new job (Investment Banking) as a contractor for a year now and got offered a permanent role. When then did a 'thorough' credit check they asked to see my Credit Exeprian report which has 6 defaults on there (from when I lost my job a few years ago and couldnt keep up with repayments and STUPIDLY buried my head in the sand). Because of these defaults they have decided to withdraw the offer of a permanent role AND end my contract.I have been making regular repayments without fail for 2-3 years now on all these defaults.My questions are:a. if i manage to come to an agreement to settle the account will the default STILL STAY on my report until the 6 years is up?b. if im making regular repayments can they change the default 'level' (its at 8)?c. is there any way to get these defaults removed?I fear this is going to affect every job I try to get now... in my day the credit checks werent so stringent but it seems now times have changed.Really appreciate any advise you can give me

im hoping it wont come to that but thanks for the advice...........

thanks thats good to know and helps me understand alot better!

I may have to move home and am worried that landlords will not accept housing benefit. I am told that if you cant rent privately then you go on a waiting list which may take years and in the meantime they will put you into a B&B. This would mean losing all my furniture, my dog and everything! Do many landlords accept DSS nowadays? Do I HAVE TO DISCLOSE it? I know alot of lettings agents run Maras reference checks (and if they did I do have TWO Guarantors) but would me being on HB be a no no? Any advice please? Very upset and stressed Thanks

Hi I have been in my HOME for nearly 5 years now but the lettings agent made the lanlord re-refernce me. I am currently unemployed and in receipt of benefits so I knew I would not pass the referencing also because my income isnt 3x the rent and my partner no longer lives here, so I managed to get two of best friends to be Guarantors on the property. Their referencing has gone through but I still had to be referenced. I was worried if the Landlord or Leting agent knew I was unemployed they would make me move out so I said I was self-employed (silly i know) but now they want my accountants details? They have served me a notice of possession until they get my accountants details and I get fully referenced. I thought the most important thing would be the gurantors passing the checks. I dont know what to do now. Please please give me some urgent advice as I could lose my home in 7 weeks time and be on the streets as hardly any private landlors accept HB and theres a massive council waiting list and I could end up in a hostel. Your advice is much appreciated!!!

Can you send me the link to that forum and I will move it myself? Thanks so much!

Urgent urgent advice needed re maras reference application Hi I have been in my HOME for nearly 5 years now but the lettings agent made the lanlord re-refernce me. I am currently unemployed and in receipt of benefits so I knew I would not pass the referencing also because my income isnt 3x the rent and my partner no longer lives here, so I managed to get two of best friends to be Guarantors on the property. Their referencing has gone through but I still had to be referenced. I was worried if the Landlord or Leting agent knew I was unemployed they would make me move out so I said I was self-employed (silly i know) but now they want my accountants details? They have served me a notice of possession until they get my accountants details and I get fully referenced. I thought the most important thing would be the gurantors passing the checks. I dont know what to do now. Please please give me some urgent advice as I could lose my home in 7 weeks time and be on the streets as hardly any private landlors accept HB and theres a massive council waiting list and I could end up in a hostel. Your advice is much appreciated!!!

Hi I have been in my HOME for nearly 5 years now but the lettings agent made the lanlord re-refernce me. I am currently unemployed and in receipt of benefits so I knew I would not pass the referencing also because my income isnt 3x the rent and my partner no longer lives here, so I managed to get two of best friends to be Guarantors on the property. Their referencing has gone through but I still had to be referenced. I was worried if the Landlord or Leting agent knew I was unemployed they would make me move out so I said I was self-employed (silly i know) but now they want my accountants details? They have served me a notice of possession until they get my accountants details and I get fully referenced. I thought the most important thing would be the gurantors passing the checks. I dont know what to do now. Please please give me some urgent advice as I could lose my home in 7 weeks time and be on the streets as hardly any private landlors accept HB and theres a massive council waiting list and I could end up in a hostel. Your advice is much appreciated!!!

Hi everyone, hope you are all well.... Sooo I wrote my letters to HSBC and got a reply saying they cant look into it as i hadnt SIGNED the letters and returned the postal orders to me!!

thanks so so much everyone i wish you luck in all your endeavours

sorry one more thing re this postal order does it have to be made out to anyone in particular never used/sent one before

It certainly does.... I wont sign it. What I am asking though is am I after the original credit agreement form them that I signed years back and if they cannot find it they cannot enforce me to pay it? Also the above letter seems a bit aggressive have I the right to take that tone?

and this letter i can send for the amount leftto pay on my personal loan?

me (space) else

thanks! so the copy i am after fr them to send will be the one SIGNED by meelse its not valid, am i correct?

Oh wow you guys are the best! Thanks so much! I don't suppose there's a template letter on here to send to my bank re the CCA requests for my CC and OD and Loan?

Personal Loan, Credit Card and Overdraft - thanks for telling me I am not being ignored.... its taken me ages to get the guts to post on this forum!

Can anyone give me advice?

Hi I was hoping to get some solid advice here.... I have debts totalling ca. £20K. £13K is to my Bank and £7K is owed in Corporation Tax for the LTD company I was running last year. I also owe Council Tax which has been passed to Equita and a Mobile phone bill passed onto 1s Credit plus I have £250 left to pay on my Argos Card. I have been unemployed since May 2008 and work in the banking sector. I am in receipt of benefits and my rent is being paid plus the £60 pw JSA. I am being hounded by the bank and bailiffs... I dont answer the home phone anymore, changed my mobile number and dont answer the door. I have however, written letters to all my creditors explaining my situation and have asked them to freeze penalty charges and interest which they wont. Some creditors were kind in their responses to my problems now I have informed them of my situation. Now my question is... what are my options? I am looking into : Bankruptcy? IVA (but I can agree to payments at the moment as Im on £60pw) Payment Plans and then there are these companies which claim to write off most of the debt but I will still have to make payments for 60 months. I have also heard about the possibility of the bank writing off my debt if they get a clever letter and theres some sort of discrepancy in the credit card/loan agreement or if they cant find my original agreement?! Believe me I am taking none of this lightly by enquirig about getting my debt written off. I have learned my lesson and don't want another credit card or loan oin my life! Its amazing how I can actually survive on this £60pw! Thanking you in advance for your time...

Maybe Katteh, maybe.... If I go over my overdrafte by even £10 I get charged - I have alot of direct debits etc that are spread out over the month and being paid weekly its all over the place

auitable=suitable

If someone is going to offer you credit, interest free at that, can they not order whatever they choose to see if you are a auitable candidate? Thats what i thought- but I'm a newbie (she hangs her head in shame) at paying attention to my finances and now I am on a mission! how can you ever get out of debt with all this interest and chrages thrown onto your account... grrrrrrrrrrrrrrrrr

Yes true but because there was not enough info on my record (which is a good scoring by the way) they requested statements - saw the CHARGES and decided maybe they shouldnt offer it to me....

So.... As I am looking at my finances properly now I decided to apply for a credit card charging 0% for 13 months and transfer my balance from my HSBC credit card. I just called the credit card company to see WHY they declined my application and it's because they looked at my bank statements and saw all these CHARGES from my bank between £100-£150 a month!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Anything I can do here?? :mad: :? :? :?