Credit Report Woes...
Discussion
Yesterday my mortgage broker came back with some unwelcome news - "you've failed the credit check". Half baffled, half raging, I checked with Equifax and found two defaulted debts, totaling £2.5k, from 2010. They are associated with a property I own (but haven't lived in since 2009). The fraudsters had used my personal details but the wrong surname (which begs the question, why its even on my report). My credit report and score are otherwise perfect.
Since then I've filed a report with the police (through their fraud service), have a crime reference number, have asked Equifax to update their information (they are contacting the debt collection agency who put these on my record - both debts are associated with them) and I have contacted the agency directly too.
I've been told to wait 28 days for a decision to be made (either way) - which is ridiculous given I'm the victim here. Any ideas how I could progress this any faster - should I get my solicitors on the case? Right now there's a good chance we'll lose the house we want to buy given the interest it's receiving and the sellers eagerness to move out!
Virtual beer to anyone who can assist.
Since then I've filed a report with the police (through their fraud service), have a crime reference number, have asked Equifax to update their information (they are contacting the debt collection agency who put these on my record - both debts are associated with them) and I have contacted the agency directly too.
I've been told to wait 28 days for a decision to be made (either way) - which is ridiculous given I'm the victim here. Any ideas how I could progress this any faster - should I get my solicitors on the case? Right now there's a good chance we'll lose the house we want to buy given the interest it's receiving and the sellers eagerness to move out!
Virtual beer to anyone who can assist.
Have spoken with the debt collection agency again this afternoon. I've been told this may be a 'mistrace/mis-trace' rather than fraud. They wouldn't confirm if this was their error - I suspect it is? I've been told they will respond to me in seven days (I'd imagine this will be working days) with news.
Virtual beers purchased. Thanks for your responses.
Virtual beers purchased. Thanks for your responses.
Sarnie said:
Even if they agree that it's their in error, the process for getting it removed and then for each credit referencing agency to update their records is going to run into several weeks rather than several days.
Just don't want you to think that this is going to be rectified in seven days, even if they admit to an error....
I don't disagree, just trying to make myself feel better! Just don't want you to think that this is going to be rectified in seven days, even if they admit to an error....
However, some good news, had our offer accepted (formerly) and Experian has given me 970 as a score - good to see they are more accurate...
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