Lump Left After A Bang On Face
Body & Soul1 min ago
Partner's Credit rating affecting me
My stupid wife has gone and got herself a CCJ much to my annoyment.
Until now I had an exemplary credit rating which she has now totally ******** up.
Is there any way I can make it understood to creditors that in all financial considerations my partner and I manage our money totally separately?
Why do they not look ay me as an individual instead of looking at our property and all who live there when considering us for credit?
This is really annoying me and doing my relationship no good at all (divorce is one option, but that won't correct my credit rating will it?)
Until now I had an exemplary credit rating which she has now totally ******** up.
Is there any way I can make it understood to creditors that in all financial considerations my partner and I manage our money totally separately?
Why do they not look ay me as an individual instead of looking at our property and all who live there when considering us for credit?
This is really annoying me and doing my relationship no good at all (divorce is one option, but that won't correct my credit rating will it?)
Answers
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Credit rating does go against the address as well as the individual involved - this is why they ask for previous addresses when you make an application for forms of credit.
Not sure what you could do - I know there is a way of taking bad credit markers off a property (if the previous occupants racked up CCJ's and the like), but in a situation like your's, I would have thought that any applications you make as an individual may be scrutinised, and whilst I appreciate you may handle your finances individually, I'm not sure companies would see it the same way.
Hope it can be rectified - my missus is a liability too!
Not sure what you could do - I know there is a way of taking bad credit markers off a property (if the previous occupants racked up CCJ's and the like), but in a situation like your's, I would have thought that any applications you make as an individual may be scrutinised, and whilst I appreciate you may handle your finances individually, I'm not sure companies would see it the same way.
Hope it can be rectified - my missus is a liability too!
Your credit rating is on you as an individual. However, If you have any joint debts ie with your wife then she is classed as a 'associate' on your credit file and so any aplications you make to companies will consider your wife's financial situation which you have probabely alreay discovered.
You do not explain how she go the CCJ. Maybe she could apply to have it 'set aside' if there were legitimate reasons for doing so. Look on 'payplans' website they can guide you through the process.
Sorry carn't be of any further help.
Why don't you ask your question in the Martin Lewis Money web site. They have some very good forums.
link below....
http://www.moneysavingexpert.com/
However a divorce might be expensive. Also joint debts will be split.
link below....
http://www.moneysavingexpert.com/
However a divorce might be expensive. Also joint debts will be split.
All info on a credit report is filed against an individual and never solely against an address.
However, all entries on your wife's credit file also appear on yours because you live at the same address and share the same surname, so you are grouped together as a "household". This makes sense in normal circumstances because it would be the norm for a husband and wife to manage their finances together rather than separately.
Your credit files will also be "merged" if you have any joint borrowing at all, be it a joint mortgage, bank account or credit card account.
If you have no joint borrowing, you may be able to file a Notice of Disassociation, to separate your file from your wife's. You would be better to seek advice from the credit reference agencies directly, as the fact that you are husband and wife does make the situation a little less clear cut. Note that if you do have joint borrowing, this option may not be available to you, but the credit reference agencies will be able to give you guidance specific to your individual circumstances.
The two main ones are www.experian.co.uk and www.equifax.co.uk, which both have comprehensive help & consumer advice sections. There is a third agency, but I always forget the name.
However, all entries on your wife's credit file also appear on yours because you live at the same address and share the same surname, so you are grouped together as a "household". This makes sense in normal circumstances because it would be the norm for a husband and wife to manage their finances together rather than separately.
Your credit files will also be "merged" if you have any joint borrowing at all, be it a joint mortgage, bank account or credit card account.
If you have no joint borrowing, you may be able to file a Notice of Disassociation, to separate your file from your wife's. You would be better to seek advice from the credit reference agencies directly, as the fact that you are husband and wife does make the situation a little less clear cut. Note that if you do have joint borrowing, this option may not be available to you, but the credit reference agencies will be able to give you guidance specific to your individual circumstances.
The two main ones are www.experian.co.uk and www.equifax.co.uk, which both have comprehensive help & consumer advice sections. There is a third agency, but I always forget the name.
Here is the answer you seek:
Find out all of the details of the CCJ - the company who registered it, the amount, court ref number (found on the credit file) account number details, etc.
When you have that, write to the court and contest the CCJ on the basis that your wife did not receive the summons and, therefore, had no way to defend herself. The court will require a fee of around �75 to hear the case.
The case will have to be in your wifes name, not yours.
If succesful in applying for a new hearing, the judgement will be 'set-aside', i.e. removed from your credit file.
At this point, you pay the debt back. The lender will then have no basis for a new case to be heard and the action will be dropped.
You will get a letter of judgement from the court. Send this to experian, equifax who will then remove it from your files.
Works every time !
Then, please be a bit more supportive of your wife. I dont wish to speak out of turn, but to post a question saying your wife is stupid, has f****d up, has annoyed you and that you would consider divorce, just to obtain a clean credit file, is not the words of a loving Husband. You married your wife for richer or poorer and she just made a mistake.
Maybe, if you did not seem so hostile and were a bit more approachable, she might not be getting into these situations and you would solve these issues, however caused, together.
Good luck.
Find out all of the details of the CCJ - the company who registered it, the amount, court ref number (found on the credit file) account number details, etc.
When you have that, write to the court and contest the CCJ on the basis that your wife did not receive the summons and, therefore, had no way to defend herself. The court will require a fee of around �75 to hear the case.
The case will have to be in your wifes name, not yours.
If succesful in applying for a new hearing, the judgement will be 'set-aside', i.e. removed from your credit file.
At this point, you pay the debt back. The lender will then have no basis for a new case to be heard and the action will be dropped.
You will get a letter of judgement from the court. Send this to experian, equifax who will then remove it from your files.
Works every time !
Then, please be a bit more supportive of your wife. I dont wish to speak out of turn, but to post a question saying your wife is stupid, has f****d up, has annoyed you and that you would consider divorce, just to obtain a clean credit file, is not the words of a loving Husband. You married your wife for richer or poorer and she just made a mistake.
Maybe, if you did not seem so hostile and were a bit more approachable, she might not be getting into these situations and you would solve these issues, however caused, together.
Good luck.
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