Credit ratings

cat - that's the problem , you can't show them
that you are a regular payment with mortgage loans etc .
I had this problem years ago trying to get a mortgage , i
had never had any loans , credit cards etc so although i
had a clean credit record it counted against me !
The system is a bit of a farce .

Especially as I have to subscribe to experian to find out the reason

Yeah that's another con .
How much they charging ?
If you had no or very little loans etc
then your credit file won't say much anyway !

Its free for 30 days but you have to remember to cancel it :(

or else you're into 7.99 per month

catflappo your share of the national debt is about £15,000

With all these countries in massive debt someone must be rolling in credit?

for every debit there's a credit.

probably best getting a credit card with a small limit from your bank, then using that instead of a debit card from time to time.

I'm in same boat catfloppo. No debts. No loans. Just savings.

I've been at my current address over 4 years. I've had ntl (now virgin) cable for all that period, no missed payments. A couple of months ago virgin mobile turned me down after a credit check for a £10 a month SIM only contract! WTF indeed. Just as barmy, a couple of years ago T-Mobile refused to sell me a £40 PAYG phone after a credit check.

Having a credit card doesn't seem to help. I've had a credit card for over 15 years - probably counts for nothing as it's paid off in full by direct debit every month.

I've ordered my credit report before. There's basically nothing on it.

A friend (unemployed on benefits) got me a virgin contract phone within 24 hours. No surprise there.

Wow that surprises me. I could understand it if someone has never had credit. But if you do have a credit history that is perfect, it seems very strange that you wouldn't even get that.

Virgin can be annoying though. I have Virgin Broadband, and they give me a credit of xx that covers the monthly payment. When I need to pay extra for installation costs or some other one of fee, they simply cut-off my connection without warning, because I have 'gone over' my credit limit. They don't ask me to pay beforehand. This has happened twice, so now I make a point of paying them without them asking first. It takes them 'up to 24 hours' to get the internet up again.

Apart from this p!ss poor aspect of customer service, everything is running smoothly and it's all good.

Thinly veiled 'I have no debt but plenty of savings' thread [:x]

Well worth checking that credit file imo.  You can sign up, check its ok then cancel it straight away. 

checked mine for the first time ever a couple of weeks ago and found out Next have been defulting me for a £2500 debt every month which is nothing at all to do with me.  Explains a lot

DirtyCashMoney Joined: 21 Apr 06
Replies: 155 11 Jun 10 11:50   

Thinly veiled 'I have no debt but plenty of savings' thread 

Thinly veiled "I don't have any savings"

warning when cancelling your trial double check you have as it was a bit of a con i had to phone up

Number of credit accounts (including those settled)..................................................0

Amount of available credit (excluding mortgages)...........................................£0

% of your total credit being used (excluding mortgages)........................................0%

Amount of outstanding debt (excluding mortgages and defaults)........................£0

Number of accounts overdue........................................................................

Number of missed or late repayments in the last year...............................................0

Number of credit accounts (including those settled) - 0

Amount of available credit (excluding mortgages) - £0

% of your total credit being used (excluding mortgages) - 0%

Amount of outstanding debt (excluding mortgages and defaults) - £0

Number of accounts overdue - 0

Number of missed or late repayments in the last year - 0