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worriedchick

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Post by worriedchick » Sat May 30, 2015 11:29 am
Hi everyone

Are there any people out there with credit score knowledge. I've checked mine on credit expert and its 803 out of 999? My IVA started on 9/8/11 but now F&F has been accepted I want to prepare rebuilding my score. I know most should go at 6 years.
 
 

ginger323232

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Post by ginger323232 » Sat May 30, 2015 12:11 pm
I would not worry to much about credit scores - they mean very little.

All your defaults and IVA will remain on file for 6 years - so accessing mainstream lending etc may prove problematic.
However once to have your completion certificate - you should check that your defaults are dated to the start of your IVA.
You may want to consider a mobile phone contract/Credit Card etc to help rebult a credit history - but be careful of multiple applications
 
 

Foggy

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Post by Foggy » Sat May 30, 2015 12:58 pm
Hey Chick :-)

Info about rebuilding can be found here:

http://pjgrecovery.com/clean-up-credit-rating.asp

As Ginger says, the scores on the doors mean very little and are not even seen by the lenders who search.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

worriedchick

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Post by worriedchick » Sat May 30, 2015 1:59 pm
Thank you. What worried me is we done some compare the market insurance quotes, one quote left 38 searches on my file!
 
 

worriedchick

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Post by worriedchick » Sat May 30, 2015 2:01 pm
Also it doesn't show default dates, everything is just missed payments on the accounts that are being settled under the IVA
 
 

Foggy

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Post by Foggy » Sat May 30, 2015 2:03 pm
The search records will disappear by the time the IVA does and most lenders will know to discount these when considering a credit application.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Steven1001

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Post by Steven1001 » Sat May 30, 2015 2:26 pm
What if the default dates on your credit file are a few month after the date your iva was approved?
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
 
 

Foggy

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Post by Foggy » Sat May 30, 2015 3:54 pm
A couple of mine are -- I have decided to leave it, I am in no hurry to get credit, but you are perfectly within your rights to contact the data controller for the particular creditors and request that the date be amended.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Steven1001

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Post by Steven1001 » Sat May 30, 2015 5:12 pm
Cheers foggy, were desperate to move to get the kids in a better catchment area for their schools. Been wanting to move for ages, so asap, not really wanting additional credit, just to allow us to move on!
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
 
 

Sharon.10

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Post by Sharon.10 » Mon Jun 01, 2015 10:30 pm
I still have an incorrect date on my credit file 2 years and 3 months after the iva start date and barclays wont remove me I also have a 970 credit score.
Last payment made August 2012 Certificate of Completion recieved 15th of Novenber 2013.
 
 

Steven1001

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Post by Steven1001 » Tue Jun 02, 2015 7:50 am
I believe that if they won't change it, you can either get the CRA to change it, or make a formal complaint to the financial ombudsman!
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
 
 

Sharon.10

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Post by Sharon.10 » Fri Jun 05, 2015 10:49 am
I have contacted the financial ombudsman it's been a long investigation since last year.
Last payment made August 2012 Certificate of Completion recieved 15th of Novenber 2013.
 
 

plasticdaft

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Post by plasticdaft » Fri Jun 05, 2015 11:57 am
I got bored chasing up an ex egg default it stayed on file for 7 months longer than it needed to. Real pain but didnt matter as we werent looking for credit.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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