How to rectify bad credit history for a residential address

13 replies
Found 30th Jan 2008
I moved into a new flat about 2 years ago, but i recently changed my address to the new address cause i was prviously living with parents, but after the adress change, i noticed that I am been turned down for credit application. plus I remember there is a lot of court letters for unpaid bills, parking fines and traffic contraventions for the previous occupants, please how can I make all this right?

cheers

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13 Comments

Credit records are based on the person and not on the address any more,I suggest checking your credit file,whatever someone did at the address has no bearing on your credit score

boothy;1523220

Credit records are based on the person and not on the address any more,I … Credit records are based on the person and not on the address any more,I suggest checking your credit file,whatever someone did at the address has no bearing on your credit score



Was about to say the same thing. According to Experian, one of the companies that hold your credit file, there is no such thing as a 'blacklisted' address or an address with bad credit. Each credit application is assessed on the individual. They will send you a copy of your credit report for £2, which might be worth getting if you haven't fallen behind with any repayments, as it shows all recent credit activity in your name.

Original Poster

I actually subscribe to experian online credit check and my record is good, with no late payemtn in the last 12 months.

saayinla;1523637

I actually subscribe to experian online credit check and my record is … I actually subscribe to experian online credit check and my record is good, with no late payemtn in the last 12 months.



credit scoring goes on the past six years so if you have any late payments,ccj's and suchlike spanning back 6 years this will affect the score,as will employment,salary,amount of other credit,number of recent credit applications etc

Are you on the voters' roll at the new address? Were you on the roll at your parents' address? This definitely affects credit score.
Also if you've never had credit before it can be hard to pass a credit score for a credit card or loan application as you've got no history for the credit scoring model to base a lending decision on.

Original Poster

yes I am on the voters register @ the new address, i ve been granted credit before, store card, overdraft, card, etc, however, i might have missed a payment within the last 24 months.

i noticed that I am been turned down for credit application. plus I … i noticed that I am been turned down for credit application. plus I remember there is a lot of court letters for unpaid bills, parking fines and traffic contraventions for the previous occupants, please how can I make all this right?


Hello,
I use experian too but my 1st point is that there are 3 main credit reference agencies (2 others) and some companies use different ones, so it may be good to get your file from them to check it's accurate. See MSE (as advised above) for more details.
Secondly each credit application you make affects your rating, so a few at once can reduce your score. (wait a few months before any more applications).
And lastly at the bottom of your Experian full report you'll see CIFAS (i think) and GAIN. One of these has to do with names linked to your address or previous addresses who acted fraudulantly or are suspected. This only goes away after a length of time (3 Years ish) ask experian for how long.
HTH
Vinny

Original Poster

vinnyabdn;1524843

Hello,And lastly at the bottom of your Experian full report you'll see … Hello,And lastly at the bottom of your Experian full report you'll see CIFAS (i think) and GAIN. One of these has to do with names linked to your address or previous addresses who acted fraudulantly or are suspected. This only goes away after a length of time (3 Years ish) ask experian for how long.HTHVinny



If there is a name linked to my address, because Actually there one in my record, does it affect my record?

saayinla;1524886

If there is a name linked to my address, because Actually there one in my … If there is a name linked to my address, because Actually there one in my record, does it affect my record?



I can't remember off the top of my head. There is a helpline number that you can call for Experian.

I think it may be down to how each bank or credit provider as to how they view different information on your file, some can be more picky.
There is also a bit of squeeze on some banks etc. just now so they are being extra picky about who they give credit to.
Vinny

Banned

get a credit report from experian as currently free

Better yet, sign up with credit expert via Quidco. £6.50 cashback, free month's trial including credit report. Just remember to cancel your membership at expiry of the free month. Cha-ching.
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