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Re: Findingaway's UE Diary
As Elsie says - see here; ---> Defaults, The Law & Removal
Also worth noting that defaults work weird, if you have an empty credit file for the last 3yrs then the defaults won't usually hurt that much as MOST lenders only perform what is known as a quick search, if this comes back fine then they'll make a decision, however if anything derogatory is picked up the system reverts to a full search and goes back 6yrs. This is really unorthadox and hard to explain, because it varies from lender to lender, for instance HSBC perform (on all new accounts) a full 3yr search at Experian followed up by a soft search (enquiry) with Call Credit; however if you're accepted they then add the data to Equifax so they use all 3 - but only search back 3 years. If the risk is acceptable within that period then they'll accept you, otherwise they will perform a full 6yr history search - see the bad stuff and decline you.
Natwest work the same, however they search Equifax with a follow up enquiry to Experian for bank accounts and cards.
Basically, once you have clean file for 3 years start by making an app to Vanquis then Aqua then Crappy One and from those you'll be working back to mainstream, by then going for Sygma Bank then a main bank credit card - that's it, you're then back on the credit ladder!
Simples, right?
Originally posted by findingaway
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Cheers Niddy - Can anyone give me any info on default question? Cheers me dears 
Also worth noting that defaults work weird, if you have an empty credit file for the last 3yrs then the defaults won't usually hurt that much as MOST lenders only perform what is known as a quick search, if this comes back fine then they'll make a decision, however if anything derogatory is picked up the system reverts to a full search and goes back 6yrs. This is really unorthadox and hard to explain, because it varies from lender to lender, for instance HSBC perform (on all new accounts) a full 3yr search at Experian followed up by a soft search (enquiry) with Call Credit; however if you're accepted they then add the data to Equifax so they use all 3 - but only search back 3 years. If the risk is acceptable within that period then they'll accept you, otherwise they will perform a full 6yr history search - see the bad stuff and decline you.
Natwest work the same, however they search Equifax with a follow up enquiry to Experian for bank accounts and cards.
Basically, once you have clean file for 3 years start by making an app to Vanquis then Aqua then Crappy One and from those you'll be working back to mainstream, by then going for Sygma Bank then a main bank credit card - that's it, you're then back on the credit ladder!
Simples, right?
I can't find the quote, but as you know I made an insurance claim (ppi) on 3 cards due to my illness.... RBS & MINT paid cards off but Virgin had a clause in that meant my claim rejected. 
You advised me to appeal decision as the others upheld. I appealed in November, followed by a copy letter in Dec as I'd not heard, followed by a phone call by my husband in Jan (he was told it was under review).
because on this one I really was just accepting the rejection. As well, the claim alerted the DCA that I'm still around so they wrote again. I sent off a CCA req as you said, I got a message from them that the OC would forward the details direct. Call me cynical 
but it does make you wonder if Virgin would rather tell ins company to accept claim (& they get their money) as they know they didn't have a credit agreement
I'll wait til it's been credited then write & ask for the default to be removed as it wouldn't have been added if i'd claimed at correct time (it worked for RBS & MINT) THEN I'll reclaim charges
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