How bad is your credit file?

[Under Siege]

I have always had a great credit rating until recently. Now not a week goes by without me getting another default or late payment

 

However after thinking about it a lot, I would like to declare that "I couldn't give too hoots".

 

My reasoning behind this is that I have spent the last 10 years struggling to make payments and neglecting my business by dipping into my business account to pay debts, all so that I could get more credit should I need it. I have now decided that I DO NOT want anymore credit! I am sick to the back teeth of credit cards in fact I hate them with a passion. So if having a crappy credit score means that I can't get anymore then maybe its a blessing in disguise!!

 

Also in my line of work I get to meet lots of very successful business people and I am amazed that quite a lot of them have got CCJ's and Defaults etc.

 

SO I AM NOT GOING TO BE ASHAMED ANYMORE!

 

I'm in some serious debt, but I am a good person, I work really hard and I have always paid my way and provided for my family. Now thanks to this site I no longer get that sinking feeling in the pit of my stomach when Barclaycard or Sainsburys call.

 

They can all go Bo***cks.

 

:D

 

Sorry if that's a bit of a rant, but I am sick of wasting my life worrying about debt.

[davethorp]

Mine is very bad. Of course if the CRAs comply with my DPA request that could all be changing soon

[shane5408]

Hmm well thanks to what I have learned from the site so far I managed to get 12 defaults removed, along with 6 entries in entirety! Still working on the rest but plan to have a clean record within the next year or so.

 

I have to agree with Under Seige though it may well be a blessing in disguise bad rating = no credit in the future!!

 

regards,

shane

[Under Siege]

Shane,

 

Wow 12 defaults removed! Thats really going some. you will have to show me how to do that some time.

[j.barton1]

Hi Well Done! I could do with knowing how too?

[The GodMother]

I am working on my credit rating as well. I have had one entry of false information removed

one account marked as settled when the company was falsely saying it was not.

and one removed for a adress that does not exist. I have only bee working on it for a about 2 moths tho.

[shane5408]

Hiya,

 

I would of liked to keep accurate records of all correspondance/actions I took here on CAG in threads so others could see how it's done but just didn't have the time unfortunately, I decided to take on all creditors at once and there were quite a few! There are several threads out there that explain the various motions you can use, in my experience I've found the easiest method of removing defaults is in combination with a a penalty charges reclaim.

 

Also, if a default is served where there are charges on the account the 'sum due' it states is over estimated meaning it can be voided using precedent set in recent case law.

 

I've also had varied success with the Information Commissioners Office, though you really can't predict what their decision will be, they seem to contradict quite a lot.

 

you can also question the authenticity and validity of a default if it isn't served properly and contravenes the Regulations

 

Lastly, failing all the above in 3 circumstances you can take court action and ask a judge to exercise judicial powers under s14(1) & 14(3) to force the creditor and subsequent 3rd parties (CRA's) to remove the credit data

 

regards,

shane

[davey77]

I agree with Under Siege.. i don't want a credit card again or a loan and i am long past spending too much time worrying about my financial heath but.. and there is a little 'but', i would like to move house and having defaults stops that in it's tracks. I rent privately, and there isn't an estate agent in the country that won't do a credit check these days. I know i certainly wouldn't rent a house out to me after looking at my credit file at the moment!

That's the only drawback about defaults.

[Having_A_Knightmare]

1x CCJ

8x Default increasing

[The GodMother]

My credit file was pre CAG now i am working on the rest of it.

 

LXdirect have sent me a strange clear as mud letter see my post littlewoods from a while ago.

Abound have not sent me a valid CCA- not signed and they never sent me one in the first place. in default of the 12+2 and 30 days

Empire stores have also not sent me a valid CCA- not sent one at all and have thretened court action even tho they are in default of the 12+2 and 30 days

Vertbaudet have sent me a blank credit agreement. In deafult of the 12+2 and 30 days thretened court action.

Wescott poo'd themselves and have admitted to no CCA. Now waiting for next person to contact me re this account my be the OC. They have failed to deal with my letter asking who the OC is.

 

Chrissi

[phill123]

ifit wasnt for the GAG and its excellent help that i received my credit rating wil be non exixtent and i managed to avoid a CCJ . but i had a lot of default on credit card .....

[tomterm8]

although I have a few crappy numbers still, in the main my credit report is crap because it has been 4 years since I've applied, used or wanted any kind of credit whatsoever.

 

it's getting emptier all the time;)

[Having_A_Knightmare]

I agree with you Tom

 

I dont want any more credit ever..

 

HAK

[davefirewalker]

I agree with you Tom

 

I dont want any more credit ever..

 

HAK

 

 

If you dont get any more credit what are you going to do for fun ???

 

 

Dave

[The GodMother]

There are plenty of ways of having fun without using credit.

[conar686]

;)I always have to be in 'credit' with my missus to have fun

[Tawnyowl]

4 CCJ- Possibly more in pipeline. Tried to keep up with them all got in more debt trying.1 pound a month offered -take it or leave it. Most dont.Caused by downturn in business.Better to try and fail than not to try at all.Someone can surely beat that-go on i dare you.

[davefirewalker]

There are plenty of ways of having fun without using credit.

 

Hi GM....I meant fun claiming it all back....

 

If I never had credit problems I'd have never found this site, and met so many truly nice people.

 

best wishes and rgds

 

Dave

[The GodMother]

Hi all,

 

I feel the same dave but i wont give up this site when everything is sorted as a little knowledge goes a long way. I am not having fun with the claiming bak atm as they are being awkard and not producing the good but threatening me with court action now i have stopped paying them. They also dont seem to understand what default means.

 

I have now threatened to take them to court for harrassement and refusing to produce documents unless they get me the document by the time my post arrives monday which is 9am so it ill be fun to see what they have put in the post to me since friday.

 

I gave them 10 days from when they recieved the letter and informaed them of it when they telephoned me on friday to get money.

 

Chrissi

[Hopeful1]

;)I always have to be in 'credit' with my missus to have fun

 

 

I hope it's not an extortionate credit bargain and 0% interest Conar I wouldn't want you to miss out!

[rory32]

My credit record is without doubt fairly awful at the moment, but I have no decrees on it (CCJ's to most of you) just defaults and I have plenty of time to work on those. My mortgage is a tracker so I don't really need to change it every few years, with my credit rating it would be sub prime anyway. I would however agree that (apart from my mortgage) I never want lots of credit again - I think that's a major lightbulb moment that you have once you start dealing with your debt. Personally I was in a very highly paid job and never really bothered how much I owed (when I finally totted it up the the credit cards came to 60K) until I was made redundant. I one thing I have learned is that I would never leave myself in that foolish position again and now have a very different view of credit.

[The GodMother]

lol hopeful1.

 

Rory we all learn from our mistakes. I hopefully will be using credit in the future but only for stuff like moving house within rented accomadation and moving expenses only small amounts really.

[noimagination]

Hi

 

And i thought my credit rating was bad!?!?!?!?!?

I only have 2 defaults, 3 payed off accounts without defaulting, 1 with 1 late payment. "12 defaults", "8 defaults and one CCJ" thats, well, WOW!

 

I regret my attitude towards credit when i was younger, it has bitten me in the ass now. To the exstent that i cant even get a credit repair credit card, or bank ACC with anything othere than a electron card.

 

I would love to be able to get credit, might be a a bad thing, but there if i need it type thing.

 

If your fed up with borrowing/credit then sit tight for 6 years, then hey presto! clean slate! if you want to use it again that is!

 

Not one of my defaults are 100% accurate, they even differ from CRA to CRA! the least these companys can do is get it right. It seems they dont care or its not important to process the data till things go wrong(for whatever reason), then BAM dirty default! 6 year grudge!

 

IMO in most cases, if its not coverd by the CCA then question there right to process after the contract has ended and dont give in!

[MikeSplicer]

I don't give a t055 about mine other than when my car is in need of an upgrade. I need a half decent car (4 - 6k) for work cus of the miles I do and its murder getting a decent rate when your credit is bad

[Under Siege]

Mike,

Im lucky in that respect as my wife has a perfect credit rating so I always lease vehicles in her name.