Defaults on credit file

[silverfox1961]

Hi

Getting the legitimate defaults removed will be almost impossible. Creditors would rather pluck their eyeballs out than remove a default. They say they have an obligation to show how you carried yourself in the past to give future creditors a heads up. You can try but I wouldn't hold out much hope. I also don't think £500 is a small amount but that's just me.

 

With Santander, I would write a formal complaint as this default was not your fault. If they refuse, you have two choices, Information Commissioner or court.

You can add a 'Notice of Correction' against this entry (up to 200 words) to explain why it is there

[silverfox1961]

Getting a credit card to build up your credit rating requires extreme will power. Making sure that the bill is paid on time is one thing but then there comes temptation. Once that happens, the minimum payment starts rearing its ugly head and interest charges start applying.

In your position, you are unlikely to get a credit card with a low interest rate (if there is such a thing). Rates of about 40% is more likely.

 

Not trying to put you off, just beware of the pitfalls.

 

With the legit defaults, you can place a notice of correction but it will only re-enforce the legitimacy of the default so I wouldn't place anything next to them. With the Santander default you should be saying that the default was placed due to fraud against you and the bank and thus the default is faulty which you are attempting to get removed.