Possibly busted my credit rating?

I keep registering to vote with Manchester City Council and as far as I'm aware that is the process of putting me on the electoral role, and they never seem to be able to add me. apparently even though I got a voting card I'm not on the electoral role.
 
willhub said:
I keep registering to vote with Manchester City Council and as far as I'm aware that is the process of putting me on the electoral role, and they never seem to be able to add me. apparently even though I got a voting card I'm not on the electoral role.
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Can you not speak to them directly to sort it out. It's affecting your personal finances.
 
Contracts aren't necessarily the right or the wrong thing todo. You have to weigh up the retail cost of the phone you want, the contract length, and the cost per month comparatively for sim only.

If the overall cost of the phone in the contract length is similar then it becomes a job of whether you want to spread the cost of the phone oit or pay up front.

I took out an s4 contract for £36 pm for 18 months with £100 cashback so the contract made sense at the time.
 
Eulogy said:
Contracts aren't necessarily the right or the wrong thing todo. You have to weigh up the retail cost of the phone you want, the contract length, and the cost per month comparatively for sim only.

If the overall cost of the phone in the contract length is similar then it becomes a job of whether you want to spread the cost of the phone oit or pay up front.

I took out an s4 contract for £36 pm for 18 months with £100 cashback so the contract made sense at the time.
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I find that contracts are always better when you need to buy a new handset, generally when you take into account the cost of the phone you're paying £10 a month or less for way more than what you'd get on a sim only deal.
 
Energize said:
I find that contracts are always better when you need to buy a new handset, generally when you take into account the cost of the phone you're paying £10 a month or less for way more than what you'd get on a sim only deal.
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I much prefer the new style contracts like Virgin's freestyle or 02 refresh. its good that they keep the phone separate from the tariff so you can pay it off quicker and get a new phone sooner if you wish. Used to annoy me being stuck to the same handset for 2 years. I felt I was paying for an old bit of tat by the end of the contract.
 
thep02 said:
cpw can be very weird they once turned me down for buying a phone outright because their records said i have too many phones, I
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wait they said "no you cant buy a phone from us you've bought too many" ?


they afraid they're going to run out or something?
 
robfosters said:
I much prefer the new style contracts like Virgin's freestyle or 02 refresh. its good that they keep the phone separate from the tariff so you can pay it off quicker and get a new phone sooner if you wish. Used to annoy me being stuck to the same handset for 2 years. I felt I was paying for an old bit of tat by the end of the contract.
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Wouldn't be shocked if Ofcom forced the O2 Refresh scheme of things on everyone eventually.
 
robgmun said:
A lot of people are catching on to this, if you're paying £35 or more monthly then just buying a phone outright and do a rolling sim you can save yourself over £200 over a 24 month period
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When I got my iPhone 5s 64, I worked out:

24 months of contract supplied phone

Vs

24 months of compatible sim only + purchased handset

And it was only something daft like £30 different over 2 years.

Appreciate the differences in network plans may vary but that was comparing Threes One plan to the nearest same package sim only.
 
Call my cynical but it seems like CPW are playing the old trick there, accepting contracts of people with good ratings will only net them the agreed contract fees etc, whereas someone with debt issues will net them far more in terms of late payment fees, interest etc.
 
SixTwoSix said:
Was about to echo what LeeUK said, since being discharged from bankruptcy 8 years ago i've checked the main 3 reports companies on and off through the year each year. Checking your own report has no bearing whatsoever on your actual credit rating.

Ignore any scores, they mean nothing in the grand scheme of applying for credit, as each place you apply to will have different criteria for getting accepted.
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This. I used to work for one of the three leading credit check agencies. Different customers would have different scoring system. To automatically pass you had to get above a certain score. Below a certain score would be a fail. Anything in between would be a manual referral for somebody to check.

For example you would get a higher score been married over single. Having kids would be a negative score for some people. With some the more credit cards you had with other people the bigger your score was, with others anymore than 2 and you started getting negative points.

You address and name matching electoral role got you lots of points. Been in the same home or job above a certain period of time got you more points etc.

your job profession gave different scores too. Been in the armed forces waste try much an automatic accept for any credit back then. Eg say you needed 100 points to be accepted for credit. Been a middle management professional might have got you 10 points. Been in the army would give you 50 points.
Obviously back then application forms were hand written andorcessed and Inputed manually by others.

Make one easy mistake on inputting could turn what should have been a pass into a decline. We had to be 98% accurate on inputting. And 25% of your workload was checked every day.
 
Credit score must have a lot to do with things. Two years ago I went for a loan with Nat West to get a new car - credit rating was fair at the time - 22% !!

Went to Nat West yesterday as I'm after some work done on the house - credit rating now excellent - 6.9%.
 
Greebo said:
This. I used to work for one of the three leading credit check agencies. Different customers would have different scoring system. To automatically pass you had to get above a certain score. Below a certain score would be a fail. Anything in between would be a manual referral for somebody to check.

For example you would get a higher score been married over single. Having kids would be a negative score for some people. With some the more credit cards you had with other people the bigger your score was, with others anymore than 2 and you started getting negative points.

You address and name matching electoral role got you lots of points. Been in the same home or job above a certain period of time got you more points etc.

your job profession gave different scores too. Been in the armed forces waste try much an automatic accept for any credit back then. Eg say you needed 100 points to be accepted for credit. Been a middle management professional might have got you 10 points. Been in the army would give you 50 points.
Obviously back then application forms were hand written andorcessed and Inputed manually by others.

Make one easy mistake on inputting could turn what should have been a pass into a decline. We had to be 98% accurate on inputting. And 25% of your workload was checked every day.
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What does a default do to your score?
 
Von Smallhausen said:
Credit score must have a lot to do with things. Two years ago I went for a loan with Nat West to get a new car - credit rating was fair at the time - 22% !!

Went to Nat West yesterday as I'm after some work done on the house - credit rating now excellent - 6.9%.
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Like I said if you are in the same job and house as two years ago then you will get more points.

But yeah lots of things either give u points or loses you points and as I said every credit lender sets their own points system. So with one lender you can get a poor or fair rating and be good with another lender.

My gf a few years ago applied to nastiest for a loan and got offered 22% as well and applied somewhere else at the same time and got 6.9% from them!

It also makes a diffrence what the purpose of the credit is for.
One last thing is homeowners used to get massively higher scores than people who rent. But things could have changed.
 
Greebo said:
Hammers it. Well it did back then anyway.
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I'm sure it still does. I am on the electoral roll, same place for 11 years, got totally clean bank accounts, a clean record with mobile phone contracts, Virgin TV/Internet and catalogues, my entire debt amounts to £250. Problem being, I have one default where I let a credit card go after I lost control of my finances a bit following a stroke I suffered.

I now can't even get a credit building card. I am trying my best to get the default removed, but they only say that they will mark it as settled if I pay it all off. I still think a settled default is as bad as an unsettled one. The default doesn't come off until 2019. That's a long time.
 
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