 | Bad credit history in UK??????What can i do to help??? |
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Question: Bad credit history in UK??????What can i do to help???I have a friend she never seemed to have problems but a few days ago she told me she would like to check her credit history but she is afraid...........I asked why??? She said she wants to apply for a certain jobs and credit check is required she than told me that 5 years back she had a credit card that she did not pay and moved somewhere else so she didnt know if the bank have looked for her or else (she says they didnt...) as she stopped using their services...She said it was not a lots of money (2500 pounds) but at the time she could not pay and she never went back as she was afraid to do so.....So now i told her that i think that they would not keep records such long time but i really was not sure when i told her that.......Is there anybody that really knows what the banks laws are i really would like to give her advise she is very very good friend of mine.....and also great person.Additional DetailsYou know laywer i have spoken to her again and she acctually (i think) needs serious advise i mean personal who could help her it is also kind a difficult for me to do it over distanse but i really wish to be able to help....i gave her the links but i dont think they helped .she said that the credit repport does not show up as it says not enough info ..is it possible she is not on the list or what....
Answer: -The ONLY thing to do in this situation is go to experian.co.uk and order an online credit report, or go here: http://www.experian.co.uk/consumer/index...and download their form, fill it in, send it off with a £2 postal order (from the post office) and wait until it arrives.If you send the letter Recorded Delivery you will get the credit report faster (as they have to send it within 28 days, and if you have proof of when they received your your application it makes them hurry up) .Then and only then can you decide what to do.Unpaid debts (court Judgements) remain on your record for 6 years, after which period you can ask to have them removed.If it turns out she still has this bad debt against her name, then she can either wait another year and have it cleared - she needs to find out the exact date of judgement, which will be on the credit report - or she can pay it and take proof of payment to the court that originally issued the judgement, and obtain a Satisfaction of Debt from the court which she should then send a copy of to Experian with a letter of request to remove the bad debt.Bear in mind that when she sends off the request for the credit report, that the credit agencies will know where she lives... so I would strongly advise that she writes a friend's address so if they come looking for her they won't find her. -She is in a credit ref. agency and the debt collectors are looking for her. She can obtain her credit files from Experian and Equifax and she can check if there is any specific info. If She is in the credit ref. agency she can contact them and request to settled the debt. The bad thing is that she has to pay at least 5 times the money she owes and it will take at least 6 months for her name to clear. About the time....sometimes it is 5 years(minor ex: £300 ) but in most cases the files stay for 13 years
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