Credit rating score

groen said:
I am blacklisted at experion because they stole £7 from me by lying about a credit report being free. I was meant to cancel it or it auto renews, so i sent them an email asking for my money back and called them up. But the dirty thieves would not return the money. So i sent them a nasty email explaining how it summarises the problems of todays economy when you get ripped off by the credit report company. They also have me down as on the electoral role for councils that i have signed up for. I tried to get that removed and they would not remove it, i accused them of falsify documents. Now i can't get credit.
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Doesn't sound feasible. They have you down on electoral role for councils that you have signed for? What does that mean? The info on Experian for Electoral role is simply that - info fed from the electoral role?

There's no such thing as a credit black-list.
 
Well it happened and i am not giving them any money to see how bad my credit score is. Not much you can do anyway, if you have bad credit, no point seeing your credit score. If you have good credit, you don't need see your credit score either.
 
Yup - I still have an unsettled CCJ due to go next year and a satisfied one that is staying till 2016!
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This will kill your access to reasonable rate credit practically stone dead until it's removed.

You would be surprised at the mistakes that can exist.
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Absolutely. I monitor mine for exactly this reason. A couple of years ago I had an unpaid Orange mobile phone debt appear on my file. Bit weird, as I'd never, ever had an Orange mobile phone. A few phone calls and a few letters later it was resolved. A default on your file - regardless of what it is - will kill your access to good rate credit.

Also worth keeping an eye on recent searches too.
 
groen said:
Well it happened and i am not giving them any money to see how bad my credit score is. Not much you can do anyway, if you have bad credit, no point seeing your credit score. If you have good credit, you don't need see your credit score either.
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Rubbish. Knowing your credit record gives you a brilliant insight on how to fix it, should you actually want to. If you have good credit knowing how good can give you an idea of what products you can qualify for, and it's also a good way to keep on eye on such things as identity theft and/or mistakes.

Saying that, if you're not interested in it, fair play - you don't have to be, obviously. But some people - me included - find it a very useful tool, and also one that I can use to protect myself.
 
I don't need to use my credit report to identify theft, i can do that with my bank account and the bank does it automatically in some cases. If you have a bad credit record then there is not much you can do to fix it apart from paying off your debts. In the instance where there is a mistake on your credit report and that is causing bad credit, then that is a trick by them to make you pay for the report to jump through hoops. If you have good credit report then you a) probably don't need credit and b) if you do need credit you can get it so who cares about your credit rating.

protect yourself? lol
 
Wouldn't bother with their scoring though.... Mine ranges from 900 plus to 500ish depending on the time of the month. Stupid scoring is stupid.

Scoring is particular to the people offering credit, and nothing to do with the credit reference agencies at all. Different providers use different scoring methods after all.
 
I don't need to use my credit report to identify theft, i can do that with my bank account and the bank does it automatically in some cases.
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Again, utter rubbish. What about that Orange default that appeared on my credit file? How would you have found out about that via your bank account?

Somebody applies for a loan in your name - again, how would you find out?

protect yourself?
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Yes. Protect yourself financially from financial fraud, and to give me enough information to get better financial deals based on my history.

then that is a trick by them to make you pay for the report to jump through hoops.
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Again, utter tosh. The reference agencies do not make up the information, they report on information given to them by creditors. The mistake on my account from Orange was a mistake by Orange, and nothing to do with Experian.
 
Yes.

Mistake was on address and what they said was a similar name - well, same initials, totally different surname [EDIT]ed to add, and gender as it happens. They reported (quite rightly) to credit reference agencies, but info was just enough wrong to land on MY reference (bear in mind references our to a person, not to a property).

Orange' data was incorrect, and this was fed the rating agencies, and it was incorrectly applied to me.

Now, if I'd have been applying for mortgage or something similar at the time - they'd have told me to go away, and I'd have had no idea why.
 
zipp0r said:
you can refuse to be on it
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No you cannot - well, not without running the risk of a fine. You can opt out of the 'full' register and only be registered on the partial one - the full one is made available to everyone, where as the edited register isn't.

Full details here on the differences.

The law makes it compulsory to provide information to an electoral registration officer for inclusion in the full register. The details you are likely to have to provide are your name, address, nationality and age. The full register is updated every month and published once a year, and is used by electoral registration officers across the country for purposes related to elections. Political parties, MPs and public libraries also have the full register.
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So why do people pay £7 a month for this service when you can get a statutory credit report for £2?
 
Only use mine ahs been was finding out my credit score is nothing like as bad as I though it owuld be. Also it told me I haven't beeen registered on the electoral roll the last few years, which was new to me.
 
Uther said:
So why do people pay £7 a month for this service when you can get a statutory credit report for £2?
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By post right...? I just find it easier online, and whenever I want. The extra few quid for it, well it's a couple of cups of coffee isn't it...?

See your point though. To some it's not worth it, to others it is. Same with any consumer product.
 
Uther said:
So why do people pay £7 a month for this service when you can get a statutory credit report for £2?
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Why? because they offer the other services as a free 30 day trial with loads of benefits.

http://www.experian.co.uk/consumer/stat-cred-report.html

So which one would you pick? the £2 one or the free one with more features? Just remember you have to phone them up to cancel it or it is not free ;)
 
groen said:
Why? because they offer the other services as a free 30 day trial with loads of benefits.

http://www.experian.co.uk/consumer/stat-cred-report.html

So which one would you pick? the £2 one or the free one with more features? Just remember you have to phone them up to cancel it or it is not free ;)
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Well they make it quite clear in the adverts that you have to cancel it or you have to pay after the first 30 days. Surely you didn't really think it was free for ever did you? Nothing is free.
 
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