Credit file updating

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roous27

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Post by roous27 » Thu Aug 11, 2016 12:58 am
My IVA started on 26/03/2013 and completed on 04/07/2016 by F&F offer.Also I have received my completion certificate with in a week of completion. Do i know how long will normally take creditors for update their own record? as i noticed very few of my creditors updated their record (2 creditors updated out of 12 creditors) in my credit file. All ready IVA discharged from my credit file and hopefully my name will be disappear from insolvency register by 2 month. Do i need to wait another few weeks or i can start credit repairing now? Can i send data controller for update my default date? I have checked my credit file in Call credit , Equifax and Experian some of CRE are correct dated default and some of are incorrect.
 
 

winter_blues

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Post by winter_blues » Thu Aug 11, 2016 5:32 am
Hi, no significant change will occur until the 6th anniversary of your IVA - 25/03/19 when the IVA will be removed from your credit files. Creditors will update your file to reflect IVA completion or satisfied and various accounts as "satisfied" but until the 6th anniversary you won't be able to obtain mainstream finance etc. Despite settling early, thus is often misunderstood. You can send letters to ensure all default dates are correct ( I did this) And will ensure they should all drop off your file on 6th year anniversary.
Winter-Blues
 
 

roous27

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Post by roous27 » Thu Aug 11, 2016 9:16 am
Thank you for response.
 
 

Foggy

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Post by Foggy » Thu Aug 11, 2016 9:38 am
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
 
 

Lisa Thomas

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Post by Lisa Thomas » Thu Aug 11, 2016 12:22 pm
You might find this quick video I made about cleaning up your credit record useful:

https://www.youtube.com/watch?v=PV4RzUY4BRM

Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

roous27

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Post by roous27 » Thu Aug 11, 2016 1:11 pm
Thank you for your reply. Do I need to wait 3 month for remove my name from insolvency register? Do I need to start credit file repairing after remove my name from insolvency registry 3 month later or can I start from now?
 
 

kallis3

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Post by kallis3 » Thu Aug 11, 2016 1:33 pm
It is up to three months for the register once they receive a copy of the completion from the IP.
You can start to repair your record by checking if any defaults have been registered since the date of the original IVA. The IVA will remain on your credit record for the full six years regardless.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Lisa Thomas

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Post by Lisa Thomas » Thu Aug 11, 2016 3:17 pm
It takes up to 3 months to come off the register from the date of your CC so keep checking here:

https://www.insolvencydirect.bis.gov.uk/eiir/
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

roous27

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Post by roous27 » Thu Aug 11, 2016 4:57 pm
I applied for vanquis credit builder card yesterday and they just confirmed me they accepted it with credit limit £250.
 
 

kallis3

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Post by kallis3 » Thu Aug 11, 2016 5:04 pm
Good news.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

PeterRadcliffe

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Post by PeterRadcliffe » Wed Jul 24, 2019 7:08 am
You can probably count on it happening at most once a month, or at least every 45 days, but the exact date varies by lender. don't require that all lenders submit their information by a certain time each month.
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