Incorrect credit history

[Diamond_Fela]

Hi ppl,

I took out a Loan with my bank 2 years ago. I setup my direct debit to take the repayments on my selected day every month like you normally would. My repayments are made as agreed.You would think that this is how it normally works! I recently aquired my full credit report. When i looked through it i noticed my credit score was way below what it should be!

It appears that my high street bank have been reporting to the credit agencies that i have not been making my payments on time since the beginning of the loan, as a result i'm am being refused credit pretty much everywhere. When i went into the bank to find out what the hell is going on. No one could help me as according to their records i have made every payment on time!!! Although my credit report says differant!!!

Any Ideas what on earth is going on or how to sort this out??

[itsallyellow]

Get your bank to write you a letter to confirm what they told you about all payments being on time. Send a copy of this to all three credt ref agencies (Experian,Equifax and Credit Ref Agency) along with a covering letter explaining what has happened. Also get your bank to do the same thing. It will take a while and will be an absolute ball ache to do but the agencies will then amend this data on your file.

I've found that credit ref agencies keep a lot of data about you that many compnaies have supplied to them wrongly but they stay on your file unitl you actually notice it.Some thing like 1 in 4 details are wrong or misleading that gets supplied to the Credit Agenices.

I just love it how banks & the credit ref agencies do so much much to kick you into the floor but when it comes to needing a hand to help you back up they're never around.

[erimus1]

Hi. Join creditexpert.co.uk for free for 30 days. You can lodge a notice of correction on any account on file live on line. When you do this the agency looks into it with the financial institution and are require to get back to you with their findings within a certain period. If it is found to be incorrect, they will remove it. Whole thing onlt takes a couple of weeks.
Good luck,
Steve