Trying to build a decent credit rating

[pjdudley69]

"big boy's card"

 

Humph!! girl, thank you very much!! lol

[jonni2bad]

That was for the type of card, not the type of card holder

[pjdudley69]

I'll let you off then, sorry lol

[CIMA LOVER]

Can missed payments markers on credit files be removed, if you claim back all your charges?

[caro]

No they can't. If a payment was missed, there is a marker because it was missed. This has nothing to do with charges. It cannot be changed because it is a fact that the payment was missed and the facts cannot be changed.

 

Hope that is clear.

[CIMA LOVER]

What about people that have there defaults removed?

 

 

You Preliminary apporach letter at http://www.consumeractiongroup.co.uk/forum/bank-templates-library/671-letter-preliminary-approach-repayment.html

 

Says and I Quote "Additionally you have entered a default notice against my credit record. This default occurred merely in respect of unlawful charges levied by you or was the result of impecuniosity caused directly by the taking by you of penalty charges which you had applied unlawfully to my account.

 

In addition to full payment of the sum mentioned above, I require that you remove the default entry from the register. Please note that mere correction or amendment to the entry will not be acceptable."

 

 

Cant I just changes it to "Additionally you have entered a several missed paymenys against my credit record. This only occurred merely in respect of unlawful charges levied by you or was the result of impecuniosity caused directly by the taking by you of penalty charges which you had applied unlawfully to my account.

 

In addition to full payment of the sum mentioned above, I require that you remove the these entry from the register. Please note that mere correction or amendment to the entry will not be acceptable."

 

I dont see how its fair that people can get there defaults removed, but you cant get payment markers changed!

[Guest Alison82]

I dont see how its fair that people can get there defaults removed, but you cant get payment markers changed!

 

 

Because that is the law. If the default consisted of unlawful charges which cannot be justified then a default based on these charges is also unlawful therefore it will not/ cannot stand up in court. You missing a payment has nothing to do with unlawful charges it's just that you were late meeting that payment; nothing unlawful about it.

[Movingon]

Payment markers, like it or not, are a fair reflection of the payment history of an account.

 

Default Notices are issued unfairly if they're issued mostly or purely as a result of unlawful charges... but the payment history will still show late payments even if the default notice was unfair.

[CIMA LOVER]

Because that is the law. If the default consisted of unlawful charges which cannot be justified then a default based on these charges is also unlawful therefore it will not/ cannot stand up in court. You missing a payment has nothing to do with unlawful charges it's just that you were late meeting that payment; nothing unlawful about it.

 

OK, let me fill you in my situation. Basically I never paided my store card because I was in hosiptal and I totally forgot about it.

 

Now I didnt pay for 12 months in a row, so my credit file looks likes this

 

S000000005466654323210000000

 

S = the account was settled for the full amount on 17/07/2004

 

But this seems a TOTAL money making scheme, and im sure any Judge would agree. I understanding after missing 6 payments a default should have been issued. So my file should look like this

 

SD6543210000000

 

D = Default issued.

 

But instead of doing this, Debanhams seemed to change the status on my credit history which made it look like that im paying, so they could carry on charging me! Im sure that is unlawful!!!

 

HOW WILL THEY BE ABLE TO JUSTIFY THIS IN A COURT ROOM?? Is seems that there debt managament is gear-up up for making profits!!!

[caro]

OK, let me fill you in my situation. Basically I never paided my store card because I was in hosiptal and I totally forgot about it.

 

Now I didnt pay for 12 months in a row, so my credit file looks likes this

 

S000000005466654323210000000

 

S = the account was settled for the full amount on 17/07/2004

 

But this seems a TOTAL money making scheme, and im sure any Judge would agree. I understanding after missing 6 payments a default should have been issued. So my file should look like this

 

SD6543210000000

 

D = Default issued.

 

But instead of doing this, Debanhams seemed to change the status on my credit history which made it look like that im paying, so they could carry on charging me! Im sure that is unlawful!!!

 

HOW WILL THEY BE ABLE TO JUSTIFY THIS IN A COURT ROOM?? Is seems that there debt managament is gear-up up for making profits!!!

 

If I were you I would be very happy that I do not have a default to worry about, as it would cause problems for the next 6 years. Whatever the reason for non-payment, the fact is you did not pay which you cannot change.

 

Are you still receiving bills from Debenhams. I cannot see how you can be if the account is settled.

 

I have noticed this discussion on your own thread regarding Debenhams and feel that is a more appropriate place for this discussion to continue. As far as I can see your credit rating seems to be a matter of historical fact which cannot be changed.

[chrismc]

 

I have done quite a lot of research on this topic, and in some case you can get both defaults and CCJ's removed, but before you can, you need to get a copy of your credit file, then you write to the loan company or whoever placed the default - see sample letter below:-

 

Once you get a letter back you can then start to take action to get said defaults removed. If you owe nothing and they agree for the default to be removed you write to all the credit reference agencies and send them a copy of the letter from the creditor stating they agree to allow the default to be removed.

 

CCJ's are actually easier, I know someone who has done it very easily, and I am in the process now of having two set aside (not removed) set aside means in all likelyhood they will never be taken back to court especially if the set aside was due to unlawful bank charges etc. Once set aside you write the above letter to the CRA's and your file is then cleared. All this takes some time, but you should be able to do it in around 2 months, depending on how many you have, how quick they reply and if you can settle any default loans etc.

 

I have just written to the courts on two counts, one for a CCJ from Barclays for which a significant portion of the debt was unlawful bank charges and penalties and one for a consumer credit CCJ that in fact has been paid in full and I have a Certificate of Satisfaction for, but which I want removing from the records. I will let you know how I get on, letters are going off tomorrow.

 

There are ways, does not always work depends on your situation, but it can be done.

 

Chris

As proof my statements above can work:-

 

As per my post earlier in this thread, I wrote to the Inland Revenue on the 19th June respectfully requesting they please write and confirm that they have no objection to a CCJ being removed or set aside so that I can clear my name with the credit reference agencies.

 

Today I received a letter from the Higher Debt Manager of the Inland Revenue Enforcement & Insolvency Unit, agreeing with my request and commented they were actually glad I had managed to get a ‘Certificate of Satisfaction'

So letters going off tomorrow to Credit Reference Agencies with photocopies of the letter.

Quite a quick result really.

I am still going through the process of having another set aside, but that is still live so a lot more work involved.

Chris

[Guest Alison82]

OK, let me fill you in my situation. Basically I never paided my store card because I was in hosiptal and I totally forgot about it.

 

Now I didnt pay for 12 months in a row, so my credit file looks likes this

 

S000000005466654323210000000

 

S = the account was settled for the full amount on 17/07/2004

 

But this seems a TOTAL money making scheme, and im sure any Judge would agree. I understanding after missing 6 payments a default should have been issued. So my file should look like this

 

SD6543210000000

 

D = Default issued.

 

But instead of doing this, Debanhams seemed to change the status on my credit history which made it look like that im paying, so they could carry on charging me! Im sure that is unlawful!!!

 

HOW WILL THEY BE ABLE TO JUSTIFY THIS IN A COURT ROOM?? Is seems that there debt managament is gear-up up for making profits!!!

 

Did you use you card again after you cleared it? If not I can't see why they would even ask you for payments if you don't owe them anything. You’re best off writing to them for a subject access request (see library) and take it from there also write to the credit reference agency and explain the situation.

[whataboutyeah]

What if the payments which were deemed 'late' were actually payments they had tried to take from your bank, but failed due to insufficient funds, and the insufficient funds were because of the incremental nature of these charges i.e. Normally you're payment to the card company/account would be a lot less without the charges, is that not a realtionship between late payments and charges?

[whataboutyeah]

Also, my default is due to be removed next month, so I don't think I will pursue it, but I am interested in the fact that late payments actually dent the rating less if they happened quite a while ago, I think I have 1 late payment in the last 18 months, but I had quite a few about 2-3 years ago, these still show on my account, but is it true that these now pack less of a punch, where did you find this information?

[pjdudley69]

After getting your input last week, I applied online for the Cap1 card, just on the off chance, and I got a letter on Friday approving me. Just had to sign on the dotted line. Its 29.9%apr, but like I said, I'm only going use it for things I can pay immediately to see if it will help build my rating - my bf will also use it and pay it, to help see if it works with my credit rating. Not sure what my limit is at the moment, it just says limit up to £2500 with regular reviews for increase, but I'll find out when I get the card.

 

Well, I've got the card, with a £200 limit, which is perfect for what I wanted it for. I assume that if I make regular payments, and they increase my limit, it can only help my credit rating. So the moral of this story is: if they're fool enough to give me a card, they'll give anyone one! lol

[Movingon]

Well, I've got the card, with a £200 limit, which is perfect for what I wanted it for. I assume that if I make regular payments, and they increase my limit, it can only help my credit rating. So the moral of this story is: if they're fool enough to give me a card, they'll give anyone one! lol

 

They might even send you a second one in a year or so... Mahala got a second one and now cannot access the details online of her first one which has a balance she needs to pay off!!!

 

She needs to ask them to show her the agreement she signed for the second account... which doesn't actually exist so it should be interesting LOLOLOL

[pjdudley69]

They might even send you a second one in a year or so... Mahala got a second one and now cannot access the details online of her first one which has a balance she needs to pay off!!!

 

She needs to ask them to show her the agreement she signed for the second account... which doesn't actually exist so it should be interesting LOLOLOL

 

Don't say that!!! I don't want another one, I always said I'd never even have one! It's bad enough going through all this to get bank charges back - I don't know if I've got the nervous disposition to deal with any more cock-ups as well! lol

[THEVARNSTER]

READ THIS THREAD!

 

In the legalities section, 'default hell'

 

Goes on the assumption for closed accounts, they no longer have permission to supply cra's, as contract ended so with their permission.

 

BLOODY GREAT THREAD.............................

............................................................

[reginafilangie]

Who did you get your mortgage with?

[mrsmair]

In Requesting your ccjs to be set aside did you send an affidavit with your N244 form and if so did you use the solicitor afffidavit or the general affidavit by the court signed by a judge

 

Thanks in Advance

[jamesbond]

regarding having late payment markers amended due to unlawful charges, i have successfully had this done on two counts with different companies.

the fact that unlawful charges have been applied to the accounts, the payment markers as a result do not give an accurate reflection on the state of the account, the variables that can be applied to this are limitless and accordingly i would not accept anything less than amendment to perfect score on all payment markers registered with the cras...and got exactly that....the d.p.a clearly states all information must be accurate..... end of story..it took three letters to one company and four to the other.....007

[165721]

regarding having late payment markers amended due to unlawful charges, i have successfully had this done on two counts with different companies.

the fact that unlawful charges have been applied to the accounts, the payment markers as a result do not give an accurate reflection on the state of the account, the variables that can be applied to this are limitless and accordingly i would not accept anything less than amendment to perfect score on all payment markers registered with the cras...and got exactly that....the d.p.a clearly states all information must be accurate..... end of story..it took three letters to one company and four to the other.....007

 

Hi,

 

Can you tell me what letters you sent to them to have the late payment markers removed. This is exactly what my partner needs, as there are late payment markers but no default/ccj against her.

 

Your help would be much appreciated!

 

Jack

[jamesbond]

hi jack..i am shortly about to start a new thread about these markers and the removal of same, i will post a link on this thread as soon as it is up and will include photocopies of the letters used and received...hope this helps...007

[165721]

Excellent, thanks!!

[jellybabe]

i, too, am very interested to see some examples. Am having a bit of trouble getting the right wording.