Hi Guys,

Just need some advice really.

Im trying to sort out a mortgage at the moment and finding it very difficult with the status of my credit report.

I have looked through my equifax report and my call credit report. I have to admit I have some outstanding debt which Im going to have to deal with some how, but my concern is that i have 3 accounts that are un settled on my equifax report from Egg. Then on my call credit report I have 3 new entry for these 3 debts from Cabot Financial.

I am confused. Has Egg sold these debts onto Cabot? How can Cabot put entrys on there as well? If the debt has been sold to Cabot doesnt that mean that the original entrys on my equifax report should say SETTLED?

Can someone shed some light on this for me please.

Thanks,

J

Hi,

I only have Cabot listed on Call Credit

J

Hi cerberusalert

So what would my next step be do you think?

Regards

J

Hi cerberusalert

So let me get this right.

Cabot cant place anything of there own on my credit file and only update original creditors?

This is what is showing on my file

Lender name:Cabot Financial UK Limited

Account holder name: jonnyw6969

Address: my address

Date of birth: my DOB

Accountholder status:Normal

Start date:Not Recorded

Account type:Credit card

Account status: Default

Last updated:29th August 2010

Current balance:£1,026

Credit limit:£0

Opening balance:£884

Repayment frequency:Monthly

Default date:31st May 2007

Original default balance:£884

Term balance:£0

Payment History: DEFAULTS SINCE JAN 2007

There is no reference to anyone else other than Cabot.

Do i complain to Call Credit? What do I say to them. Im new to this and havent got a clue what to do. I now realise that I shouldnt contact Cabot and beleive from my research these guys are a bit like crooks and will try anything.

Thanks guys for all the help so far.

Regards

J

Hi huggys boss,

Thanks for the help so far really appreciate it. There are no other debts on my Call Credit file at all except the Cabot one. There is no account number but there is a opening, current and original defualt balance on the file.

What other information would you like from me? Im happy to give you anything you need if it can help me.

Regards,

J

Hi Everyone,

New to this forum but i really need some advice. I have to admit I have a rather bad credit rating which I managed to get a few years ago but Im trying to sort myself out and hopefully get on the property ladder.

I have an account with checkmyfile.com and have been monitoring my file for the last few months to see how its improving, and i have to say it is slowly getting better.

Problem is a new entry from Cabot financial has just appeared on my Call Credit file with the defaults going back to Jan 2008.

I do not really know who Cabot are and how have they taken a debt like this and just added it with 2 years default.

I dont know how this debt got there and im completely lost with what to do.

Should I call them and find out about it?

Can they just put this on my credit file with speaking to me at all?

I cant have this on my record if im going to applying for a mortgage.

Any advice would be really appreciated, as I said earlier Im lost with what to do.

Many Thanks for any Help

J