Caporegime
- Joined
- 1 Dec 2010
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- 53,766
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- Welling, London
Yeah, that's why I want it removed completely.
Possibly busted my credit rating?
- Thread starter willhub
- Start date
Yeah, that's why I want it removed completely.
But why would they do that? You not paying it in months x are a statement of fact. It may even be against the data guidelines the credit reference agencies provide, even if they wanted to do it as goodwill.
I know you haven't mentioned all the details, so I'm guessing you are saying it is their fault you didn't pay for months x?
You are right, op will never get the default removed as its a statement of fact.
All yhe can do is mitigate the damage by
1. Adding a note on his credit record as to why
2. Paying it off so its settled.
Caporegime
- Joined
- 1 Dec 2010
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- 53,766
- Location
- Welling, London
I was just annoyed that they refused me any kind of payment break and even kept piling interest on top. With my financial situation, the minimum payments were just too much. A lot of my money was going on other things like transport and accommodation for my mum who always wanted to be with me and other incidentals that I needed.
In the end, they just sold the debt and defaulted me. I wasn't even told about the default happening, it just happened. I thought I would have at least been given notice of that.
Caporegime
- Joined
- 1 Dec 2010
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- 53,766
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- Welling, London
Defaults can be removed as I know someone who has had one removed.
It is possible but only if there has been a mistake (which there isnt in this case) or the lender doesnt follow procedures and cant find/be arsed to find the relevant paperwork or respond in time.
Might take you 6 months and numerous recorded letters
http://www.learnmoney.co.uk/credit-file/remove_default_notice.html
Associate
- Joined
- 6 Nov 2002
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- 1,210
I would recommend signing up to Experian/creditexpert, never been a fan of Noddle and it has missed a few things that Experian has picked up on. Luckily I've never had any issues with my credit score but it might be worth checking it out. They used to offer a free 30 days membership (you have to remember to ring up and cancel) but it's well worth it. They also monitor for fraud/identity theft if you provide additional info.
Caporegime
- Joined
- 1 Dec 2010
- Posts
- 53,766
- Location
- Welling, London
I'm on that as I have a mission to improve my credit rating. It's quite useful. Has brought up a few things about improving your rating that I had no idea about.
I may of missed this info if its already been posted, sorry if it has.
One reason you may of failed the CPW internal check but passed the network check is your records held by your bank.
Your bank holds two address's, one is your correspondent address ie where all letters are posted, the other is your account address. Some networks only ask for one address and that it matches what you put on the application. Some ask for both to match.
CPW internal check checks both.
Contact your bank, when you updated your address not long ago they may of not changed both. It has happened to customers of CPW before.
There are other reasons like I said but that's the one I know has effected people and is easy to check yourself.
One reason you may of failed the CPW internal check but passed the network check is your records held by your bank.
Your bank holds two address's, one is your correspondent address ie where all letters are posted, the other is your account address. Some networks only ask for one address and that it matches what you put on the application. Some ask for both to match.
CPW internal check checks both.
Contact your bank, when you updated your address not long ago they may of not changed both. It has happened to customers of CPW before.
There are other reasons like I said but that's the one I know has effected people and is easy to check yourself.