Big 4 and Credit Checks - Can I pass?

[SueEllen]

I find 'Checkmyfile' usefull. Well priced and covers all 3.

I get all 3 free. Two you can sign up for and get free, and the other one, Experian, I get free through a credit card.

[squarepeg]

Hi,

I landed a contracting gig in the City after deciding to return to the UK. I am on a Debt Management Plan (DMP) in the UK for around 40k of card debt. As per my own credit checks, no CCJ. Also no VA. I only the DMP which does not show on 'public records', and so does not come up.

So, I am stressing about the credit check/screening done by the Big4 for, will I fail due to DMP and missed card payments? My research shows the standard checks only mine public records and would get stuck on CCJs. DMP does not feature on their radars.

I want to quit my current role and get back to the UK, but stress a little about this issue.

Thanks for any insight shared.

You may be in the National Hunter.

[kaiser78]

Hi,

I landed a contracting gig in the City after deciding to return to the UK. I am on a Debt Management Plan (DMP) in the UK for around 40k of card debt . As per my own credit checks, no CCJ. Also no VA. I only the DMP which does not show on 'public records', and so does not come up.

Golden rule of credit card debt is to never build up credit card debt - always pay off monthly.
And never play with matches.

[SueEllen]

Golden rule of credit card debt is to never build up credit card debt - always pay off monthly.

You can use credit cards to get a cheap loan.

However you can only do this if your disciplined.

[blackeye]

Do hookers and dealers take credit card now?

Hope you have some very happy memories from accumulating that £40k!

[kaiser78]

You can use credit cards to get a cheap loan.

However you can only do this if your disciplined.

Looks like OP hasn't been disciplined if they are on a DMP...

[LondonManc]

Looks like OP hasn't been disciplined if they are on a DMP...

I'm sure they really appreciate your advice after the event too.

[css_jay99]

which of the credit agencies hold data for up to 15yrs?.

I am trying to find 2 old credit cards details from 2002 with (halifax & barclays) that I might have had with PPI .... I understand the banks wont volunteer such details to reduce my chance of a claim

[SueEllen]

which of the credit agencies hold data for up to 15yrs?.

I am trying to find 2 old credit cards details from 2002 with (halifax & barclays) that I might have had with PPI .... I understand the banks wont volunteer such details to reduce my chance of a claim

It makes no difference.

Each card issuer uses one of the 3 agencies and the other 2 do not hold details on what the others hold. Barclays likely uses Experian.

[MrMarkyMark]

Do hookers and dealers take credit card now?

Hope you have some very happy memories from accumulating that £40k!

Hookers have for a while

Looks like dealers have got into the act too

Drug dealer Mark Slender jailed for selling cocaine, dealer took credit card payments | UK | News | Daily Express

Still at least his gear was "pure"

The police seized 56grams of cocaine, worth £5,800, and ranging in purity from 88% to 93%. It was one of the highest purity cocaine seizures in Gloucestershire in recent times.