GameOver Posted February 15, 2005 Report Share Posted February 15, 2005 HiCan anyone from the UK help me with my credit? Or anyone that knows the law in the UK?ThanksMatt Link to comment Share on other sites More sharing options...
admin Posted February 15, 2005 Report Share Posted February 15, 2005 My personal knowledge of British law is zero. NOt sure if anyone else knows it either. Do they even spell it the same way? Link to comment Share on other sites More sharing options...
c m chase Posted February 16, 2005 Report Share Posted February 16, 2005 Eddie Izzard: "Americans say herbs, we say herbs....because there's f**king H in it." Link to comment Share on other sites More sharing options...
GameOver Posted February 16, 2005 Author Report Share Posted February 16, 2005 LOL good one Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 Do you have credit files with EFX, EXP, TU??If so, we might be able to help you reardless of where you reside.jt Link to comment Share on other sites More sharing options...
c m chase Posted February 17, 2005 Report Share Posted February 17, 2005 You have to be careful in saying that though...they go by a completely different set of rules and laws. They don't have TU either...they have Call Credit. And they have to complete investigations in 28 days! *pout* Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 I do not know what those are JT, if you could help me i would be forever grateful.......I check these forums every day, theres so much info here, but i just do not know what can help me or not as im in England.The main agency companys use here is Equifax, Equifax said they cant help me, but ofcourse they make money from people like me ordering my credit file for £11.75p!The UK insolvency helpline state alot of things, companys can actually take defaults off if you agree a pay back amount etc.Im just in so deep i dont know where to start, and im so confused, and there seems to be no UK credit forums! ThanksMatt Link to comment Share on other sites More sharing options...
c m chase Posted February 17, 2005 Report Share Posted February 17, 2005 Actually, the same with here, the first thing you should do is pull your files (go ahead and pony up the dough) with all three bureaus...Equifax, Experian, and Call Credit. That way you can see who is reporting where and you can figure out who to start dealing with. Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 I'll poke my head around today and see what I can find out. Don't lose hope, you can deal with it, it might take time and effort.You a UK person huh? By any chance an Alarm fan? I'm friends with the old guitarist: www.davesharp.orgGet withya laterjt Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 Wow, for an American forum, you guys are so nice and helpful!!!I will take your advice "chase" and pull my credit files, effort and time is something i really want to put into this, i dont want to stop until its all sorted and i dont have any negative items on my files, im in this for the long run!!And thankyou JT, i wont lose hope, im just at the bottom of a whole with n ladder I dont even think a solicitor/lawyer could help me, as the info on my files are most likely true!!!Not heard of Alarm though ThanksMatt Link to comment Share on other sites More sharing options...
c m chase Posted February 17, 2005 Report Share Posted February 17, 2005 Wow, for an American forum, you guys are so nice and helpful!!! What did you expect? For us to spit on you? hahaha! Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 Well when i usually ask people for debt help they make comments like you shouldnt have got into debt in the 1st place etc.So to get support is amazing!! Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 UK friend,Did some research, don't despair it looks like you have a similar dispute system there (and unfortunately similar scams). First of all, avoid any "service" that claims the ability to increase your credit score. As you will find in the pages I have linked below, as in America, those companies do nothing for you in the UK that you cannot do yourself.Research, be neat in your binder of records, and be regular at this and your credit repair can have miraculous results. Maybe you'll be the resident UK expert in a few months! Commit yourself to learning your rights.These look like your best places to start:The Information Commisioner's Office UK (kind of like our US FTC)http://www.informationcommissioner.gov.uk/The Office of Fair Tradehttp://www.oft.gov.uk/default.htmDownload this freely available PDF from the gov site. It gives some great warnings and tips on how credit in the UK works, hence how you can repair it.http://ico-cms.amaze.co.uk/DocumentUploads/no%20credit%20leaflet.pdfPlease continue to post, and give Dave Sharp a listen! He's based in Salford, UK.www.davesharp.org all the best from California, USADamien Link to comment Share on other sites More sharing options...
c m chase Posted February 17, 2005 Report Share Posted February 17, 2005 Well when i usually ask people for debt help they make comments like you shouldnt have got into debt in the 1st place etc.So to get support is amazing!!Don't worry too much about that....we get that a lot too. They lovingly call us "avoiders". So we lovingly tell them to suck it and get in line to be sued. Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 My face just lit up with joy when you said we have a similer system, i will keep posting as were all in the same boat here, just in different countries I am now going to sit here and read all the links you just gave me, hopefully anyone else in my position in the UK can follow the links too, as you probably found, theres no UK forums for credit repair, so there must be other UK people here reading.Off to read back in a few hours when i know a bit more!! Thanks guysMatt Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 Well when i usually ask people for debt help they make comments like you shouldnt have got into debt in the 1st place etc.So to get support is amazing!!Don't worry too much about that....we get that a lot too. They lovingly call us "avoiders". So we lovingly tell them to suck it and get in line to be sued. Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 I used to be a rude person like that, but then I realized how crooked the practices of many many lenders are.It's important to know your rights. That doesn't makes us lazy, it makes us diligent consumers.peaced Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 Ok, after reeading that ive learned a little on my rights, its actually quite interesting to know...But, if the information on my credit file is true, as i have late payments, and defaults etc, is there actually anything i can do?ThanksMatt Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 You've heard talk on here of "goodwill letters" Sometimes contacting the companies reporting about you and offering a reason why you were behind can get the mark off the file record.Get copies of all three files first and you can start that sort of speculation.(you too have 3 major bureaus EXP, EQU, and another I forget the name)Get a copy from each and that will be your "map" of adventure. You can often dispute things here that are erroneous in date, acct # etc. and often they will be deleted just because of that. I am not sure how it will work there, but it's worth a shot if you find errors of any kind.Rebuilding tends to be rapid when you know the facts in the files. Knowledge is power Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 Knowledge is power i totally agree!!!so if i can get a few deleted, do i still actually owe that debt?Also if theres a couple that wont get deleted, and they wont take the negative item off, am i screwed?ThanksMatt Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 There are only 2 ways to truly erase debt:1) Through Bankruptcy (clean slate but bad credit for a little while)2) Through negotiating with Creditors. ie; "I'm broke, but I can pay you $500 to satisfy the $3000 I owe. Otherwise, I can't pay and I'm headed for BK court. Something along those lines.There's no other way to know the owed account wont show up later unless you have papers re: the above two methods.That doesn't mean they will show up again though. Beyond that, there is a statute of limitations on every kind of debt out there. Once that passes, they can no longer legally collect the debt.You may want to reserach that in the UK Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 Ahhh ok then, so then when the debt is paid I.E. you have paid $500 for a $3000 debt, thats paid off isnt it, so then that debt can be deleted from my file?Will my credit rating then shoot back up again?And if the debt is paid and settled, as the debts are all currently "defaults" will they also be completely deleted?ThanksMatt Link to comment Share on other sites More sharing options...
Guest jeeptravel Posted February 17, 2005 Report Share Posted February 17, 2005 Eventually they will fade away. You r score will not "shoot up." This is a patient man's game (or woman's).Getting all balances to zero and/or back on a "pays as agreed" status will make your score slowly increase.If the debts are past heir SOL, then don't pay attentioon to them yet. Worry aboput the ones in the neg now Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 SOL? Link to comment Share on other sites More sharing options...
GameOver Posted February 17, 2005 Author Report Share Posted February 17, 2005 How easy is it for a company you owe a debt too, to remove the "default" from your file?And how willing are they to do that if you pay in full? Link to comment Share on other sites More sharing options...
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