Will applying for credit or getting a report alert old debtors

[dan_a]

*Title should say creditors

 

I have been out of the uk for about 5 years but was being chased for bad student loans (post 1998) when i left. The collectors continued to hassle my parents for a while after I left but stopped some time ago.

 

I had a bank account at this address while i was away and am back in the uk now.

 

If I do either of the following could it result in old creditors finding me:

 

1 - Apply for credit at my parents house?

 

2 - Ask for my credit report with my parents house as my address?

 

I guess what i need to know is will the credit rating agencys tell my old creditors I am back.

 

I would appreciate any advice,

 

thanks,

 

Dan

[BRIGADIER2JCS]

Hi, You are treading a difficult path,

the information you give the CRA

is these days easily linked as you

will obviously need to give name, age

DOB to get the reports and probably

at least 1-2 previous addresses.

CRAs don't alert old creditors but creditors

and debt collectors do automated searches

on a regular basis of historical debts on

their books.

Also by using your parents address you

could end up making a financial link with

your parents address that would affect them.

Best I think to be straight forward and honest.

[Amy100]

Getting your credit report does not show as a search. However, applying for credit does, and as things drop off your file after 6 years, you're best waiting a year for default to drop off your CRF. After that, BEFORE applying for credit phone Naional Debtline who are very clued up on student loans. They can reclaim the money from you after a period of 6 years without the need to go to court.

[Ebineezer]

Getting your credit report does not show as a search. However, applying for credit does, and as things drop off your file after 6 years, you're best waiting a year for default to drop off your CRF. After that, BEFORE applying for credit phone Naional Debtline who are very clued up on student loans. They can reclaim the money from you after a period of 6 years without the need to go to court.

 

Failed applications for credit, or for that matter successful applications you don't want to pursue, show as Table 1 searches on Equifax and stay on your file for 12 months. They appear as searches on Experian for 12 months. Then they drop off.

[Ebineezer]

Also by using your parents address you

could end up making a financial link with

your parents address that would affect them..

 

Hang on. Other than sounding like an advertisement for CRAs, are stating as a bald fact that ADDRESSES - as opposed to the individuals that live in them - acquire a negative credit rating?

[BRIGADIER2JCS]

Hang on. Other than sounding like an advertisement for CRAs, are stating as a bald fact that ADDRESSES - as opposed to the individuals that live in them - acquire a negative credit rating?

 

I am sure the OP,s parents would

not like their son linked to their address

if he has bad debts that are likely

to cause DCAs or others to make searches

as it will be their address that will show up,

thus linking them.

 

I think Ebinezzer you are confusing matters

here addresses are not ''black listed'' but

if there is an address link on a data subjects

file eg the parents address on the sons file

or the other way round, searches can be made

on both parties.

[Hazzinho]

I disagree creditors can't search someone elses file just because they're at the same address. the only way the parents can be linked is via an associate link. addresses do NOT link people together. The only potential issue is debt collector letter may come through the door for the son.

[BRIGADIER2JCS]

If there is a linked address or a joint

credit facility linked even historically

tracing searches can and will be made,

how do I know this? I have occasion to

to such searches from time to time.

[BRIGADIER2JCS]

If there is a linked address or a joint

credit facility linked even historically

tracing searches can and will be made,

how do I know this? I have occasion to

to such searches from time to time.

You have failed too see that linked

addresses will be on both parties

files and in the case of a financial link

the linked files are available.

[The Ghost]

Anyone used to the workings of Experian in particular, though not solely, will be familiar with NHunter. Once that is used, the chances are you will be the subject of a CIFAS alert, and quite possibly a Cat 4 application.

[Micawber's In Debt]

If there is a linked address or a joint

credit facility linked even historically

tracing searches can and will be made,

how do I know this? I have occasion to

to such searches from time to time.

You have failed too see that linked

addresses will be on both parties

files and in the case of a financial link

the linked files are available.

 

they would only be table 2 searches in any event. they would not harm the parents' credit worthiness

[Micawber's In Debt]

Anyone used to the workings of Experian in particular, though not solely, will be familiar with NHunter. Once that is used, the chances are you will be the subject of a CIFAS alert, and quite possibly a Cat 4 application.

 

who are NHunter

[BRIGADIER2JCS]

Hunter is a shadowy organisation

that acts as CRA is much used

by major institutions and Government

Depts. Money Laundering/Fraud investigation,

hence the Ghost reference to CIFAS.

[dan_a]

Many thanks to all for your advice.

 

Dan

[BRIGADIER2JCS]

Hi Dan,

Made any decisions yet???

[dan_a]

I think i will hold off applying for credit or doing a check until i am living elsewhere.

 

Thanks,

 

Dan