Jump to content


My Credit Report


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3388 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hello anyone,

 

I would like some advice on how best to improve my current credit report situation.

 

 

When I was a teenager I got into a bit of debt with my bank after loosing my job etc.

 

 

Many years on now I am 27 and looking at buying a property, so i need a mortgage etc. (Regretting my ignorance now)

 

What is the best/cheapest/efficient/fastest way to sort my self out please?

 

I have checked my report and I have a total of 4 Defaults

 

2005 Lowell - £1320

2008 Mkdp Llp - £2375

2009 Arrow Global LTD - £96

2012 Lowell - £38

 

To be honest I have ignored all correspondence in regards to all and any financial related letters

and all of these debts are still outstanding & I dont even know what they are for anymore.

 

What Action should i take?

 

Regards

Consortium

Link to post
Share on other sites

what are the default dates?

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

The Default Dates are

 

£2375 Mkdp Llp - 25/11/2011

£1320 Lowell - 12/12/2011

£96 Arrow Global LTD - 17/07/2011

£38 Lowell - 27/11/2012

 

I can not believe I have Defaults for £96 & £37 shows what ignoring your finances does :-x

Link to post
Share on other sites

the defaults are sadly there for 6yrs

 

 

All references to a defaulted debt must be removed from your credit files after 6 years

has passed from date of default, whether paid off or not.

.

the WHOLE ACCOUNT WILL VANISH, never to return.

.

however, this does not mean the debt itself is not still owed

consider a CCA request.

.

This is so that someone who continues paying something

- even after 6 years from default

- should not be at a disadvantage to someone who pays nothing after default

and ends up with a clean file after 6 years. ###

 

 

 

 

paying the debts off wont remove the defaults either

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

correct

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

depends how hard all those fleecers are chasing you.

 

 

paying them off wont improve you credit rating.

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Hello anyone,

 

I would like some advice on how best to improve my current credit report situation.

 

 

When I was a teenager I got into a bit of debt with my bank after loosing my job etc.

 

 

Many years on now I am 27 and looking at buying a property, so i need a mortgage etc. (Regretting my ignorance now)

 

What is the best/cheapest/efficient/fastest way to sort my self out please?

 

I have checked my report and I have a total of 4 Defaults

 

2005 Lowell - £1320

2008 Mkdp Llp - £2375

2009 Arrow Global LTD - £96

2012 Lowell - £38

 

To be honest I have ignored all correspondence in regards to all and any financial related letters

and all of these debts are still outstanding & I dont even know what they are for anymore.

 

What Action should i take?

 

Regards

Consortium

 

Are these the start dates and were you 18 when you took out the first agreement that is now with Lowells ?

 

When did you stop making payments to the original companies and the dates you have given for default in an earlier post - were these the dates the OC used or are these just the updated records by the DCAs ?

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...