Aktiv Kaptial Default removal help please

[kirkster77]

Hi, new to the forum and have a nightmare that I'd like some help with please.

 

I applied for a couple of bank accounts recently and was declined, even with credit scores of 921 with experian, and similar with Equifax.

 

Spoke to experian who then linked my file with my old address, even though they had it on file already, and a defaul notice via Aktiv Kapital was applied to it.

 

The default relates to an overdraft I had with HSBC some 2 1/2 years ago and I paid the amount in full to Atkiv Kapital. Naively being told that because the debt was settled that my credit score would not be affected. As of today it's now gone down to 699 and is in the Poor category.

 

Experian advised me that the only people that are able to get the Default removed are Aktiv Kapital.

 

First phone call with them ended up with the call handler being aggressive and offensive over the phone. Called them back and spoke to their complaints department.

 

They say that they're now going to apply for the relevant documentation from HSBC regarding the account that I defaulted on.

 

Is there any way of getting the default removed, or am I screwed until 2013.

 

Thanks in advance,

 

Andy.

[hacksaw]

The Experian and Equifax scores mean nothing. Each lender has their own criteria in assessing creditworthiness, which is a closely-guarded secret. The CRAs don't know what each lender's criteria is. But you are correct in saying that the default lowers your credit score.

 

If you're having difficulty opening bank accounts because of the default you could apply for a Basic Account. This doesn't come with an overdraft and cheque book, but some banks give you a full Visa Debit card (i.e. Barclays, Co-op and Lloyds TSB).

 

There are ways of getting the default removed. However please could you could supply further details, such as:

 

1. Did you receive a default notice?

2. How long did they give you in the default notice to clear the arrears?

3. Was the default notice issued after 3 months of missed payments?

4. Was the default date on your credit file shortly after the end of the notice period in the default notice?

5. How much of the overdraft relates to bank charges (and interest on bank charges)? Don't worry about the Supreme Court decision a few weeks ago - there's still hope.

 

Don't speak to Activ Kapital over the phone. Also make sure that if you do post details on this forum, although it sounds obvious, please leave out anything that may identify you, such as account number, reference number, etc.