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Credit check issues

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  • 03-03-2014 5:42pm
    #1
    babarino
    Registered Users Posts: 42 ✭


    I'm being refused credit and I don't understand why. I don't buy what I can't pay for. I have had a couple of disputed bills in the past few years, took legal advice and didn't pay. I would have gone to court in both cases - the matters just went away.

    Recently I have been refused credit and am going through the process of getting a report. My issue is why should I only become aware of a poor credit rating when someone runs a quick check on me? Surely citizens are entitled to be informed that they have been put on a credit 'blacklist'.


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    #2
    Gatling
    Registered Users Posts: 40,291 ✭✭✭✭Gatling


    babarino wrote: »
    I'm being refused credit and I don't understand why. I don't buy what I can't pay for. I have had a couple of disputed bills in the past few years, took legal advice and didn't pay. I would have gone to court in both cases - the matters just went away. .

    Seems something didn't just go way ,
    360_F_102352090_ie3kLjDIvgrT1sxVDknWCUh8PxgMYzM7.jpg




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    #3
    babarino
    Registered Users Posts: 42 ✭babarino


    Gatling wrote: »
    Seems something didn't just go way ,

    Quite obviously the case, which I'm trying to get to the bottom of.

    It's hardly fair that someone can have you put on a blacklist without you being informed.


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    #4
    Bof No1
    Registered Users Posts: 66 ✭✭Bof No1


    I'm curious as to why you say it's unfair? You didn't pay the disputed bills, what did you expect those companies to do, ignore this? As you can see, it seems they've had the final word. Credit history is exactly what it says and whether or not you think it unfair, it is your history with credit / bills that's shown. Harsh, maybe, but if they don't get you one way, they will another!


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    #5
    babarino
    Registered Users Posts: 42 ✭babarino


    Bof No1 wrote: »
    I'm curious as to why you say it's unfair? You didn't pay the disputed bills, what did you expect those companies to do, ignore this? As you can see, it seems they've had the final word. Credit history is exactly what it says and whether or not you think it unfair, it is your history with credit / bills that's shown. Harsh, maybe, but if they don't get you one way, they will another!

    I didn't ignore the bills. In both cases it was they that ignored me when I made my case. One was a bill for a service I had already paid for - a tale of two telecoms providers. I provided proof of payment. The other was a cowboy builder, whose defective and unfinished work I've been living with for over three years. No point suing - they went bust, I wouldn't see a cent.

    Why should a registered company tarnish an individual's name without the individual being informed? It goes well beyond 'harsh'. They shouldn't have the the final word, without me being given a right to reply.


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    #6
    Bof No1
    Registered Users Posts: 66 ✭✭Bof No1


    First off, I didn't say that you ignored the bills, I asked you if you expected them to ignore this. Secondly, your name isn't tarnished, your credit history could be. As your credit history isn't in the public domain, your name isn't called into question. Third, all of this is speculation, until such time as you find out for sure that there is a problem with your credit history and if there is, that it pertains to the problems with these bills. Fourth, if the information in your credit history is incorrect, you furnish the relevant proof that this is so and any wrongs will be righted.


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    #7
    muffler
    Registered Users Posts: 46,143 ✭✭✭✭muffler


    babarino wrote: »
    Why should a registered company tarnish an individual's name without the individual being informed? It goes well beyond 'harsh'. They shouldn't have the the final word, without me being given a right to reply.
    Maybe you should get your credit report first and see what details need to be contested or amended before blaming anyone else.


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    #8
    slimjimmc
    Registered Users Posts: 7,786 ✭✭✭slimjimmc


    In Ireland anyway, it's highly unlikely that a bill from a telecom provider or a builder can affect your personal credit rating, that privilege is generally confined to certain bodies who are members of the ICB.

    http://www.citizensinformation.ie/en/money_and_tax/personal_finance/debt/credit_ratings.html


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    #9
    TheHappyChappy
    Registered Users Posts: 305 ✭✭TheHappyChappy


    jor el wrote: »
    Yeah, pay your bills. If you can't get credit anywhere there's probably a very good reason and it's probably for the better.

    I think credit history lasts 5 years, so in 5 years (if you stay clean) you'll be OK.

    Lay man nonsense, it is possible but mainly with interested party agreements


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    #10
    TheHappyChappy
    Registered Users Posts: 305 ✭✭TheHappyChappy


    slimjimmc wrote: »
    In Ireland anyway, it's highly unlikely that a bill from a telecom provider or a builder can affect your personal credit rating, that privilege is generally confined to certain bodies who are members of the ICB.

    http://www.citizensinformation.ie/en/money_and_tax/personal_finance/debt/credit_ratings.html

    100% on the money


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    #11
    TheHappyChappy
    Registered Users Posts: 305 ✭✭TheHappyChappy


    Bof No1 wrote: »
    First off, I didn't say that you ignored the bills, I asked you if you expected them to ignore this. Secondly, your name isn't tarnished, your credit history could be. As your credit history isn't in the public domain, your name isn't called into question. Third, all of this is speculation, until such time as you find out for sure that there is a problem with your credit history and if there is, that it pertains to the problems with these bills. Fourth, if the information in your credit history is incorrect, you furnish the relevant proof that this is so and any wrongs will be righted.

    Not that easy pal, unless you live in parallel universe with no bureaucracy. Collecting data required for correction for average individual a near impossible task requiring C.I.S. @ min.


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    #12
    babarino
    Registered Users Posts: 42 ✭babarino


    Bof No1 wrote: »
    First off, I didn't say that you ignored the bills, I asked you if you expected them to ignore this.
    And I didn't say that you said I ignored my bill. They ignored my response to their bills.
    Secondly, your name isn't tarnished, your credit history could be. As your credit history isn't in the public domain, your name isn't called into question.

    Businesses clearly have access to information about me, which they can pull up in seconds, which I'd like an opportunity to challenge. I have to go through a bureaucratic loop to do so. I'm from a small business background. People who don't stump up for what they get have a tarnished reputation.
    Third, all of this is speculation, until such time as you find out for sure that there is a problem with your credit history and if there is, that it pertains to the problems with these bills. Fourth, if the information in your credit history is incorrect, you furnish the relevant proof that this is so and any wrongs will be righted.

    I don't think there can be any doubt that there's a problem. All I'm saying is why do I have to have to find this out by accident. There is some speculation as to where the problem lies (I was trying to satisfy your curiosity.) When I'm furnished with the report I'll then have to set about addressing the problem. It's a complete waste of time. Had I been brought to court for non payment it would be open, done and dusted.


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    #13
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    babarino wrote: »



    Businesses clearly have access to information about me, which they can pull up in seconds, which I'd like an opportunity to challenge. I have to go through a bureaucratic loop to do so. I'm from a small business background. People who don't stump up for what they get have a tarnished reputation.


    .

    Whoever looks at your credit history, must have your prior permission.


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    #14
    babarino
    Registered Users Posts: 42 ✭babarino


    dobsdave wrote: »
    Whoever looks at your credit history, must have your prior permission.

    If you believe you have nothing to hide you give permission.


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    #15
    slimjimmc
    Registered Users Posts: 7,786 ✭✭✭slimjimmc


    babarino wrote: »
    I'm from a small business background. People who don't stump up for what they get have a tarnished reputation.


    Correct me if I'm wrong but the above statement and the fact you're seeking "credit" leads me to think you might be seeking a business credit facility. Yes?

    If it is your business credit rating that's the issue here then there are many other private commercial rating agencies other than the ICB may indeed hold ratings on you.

    You should ask your lender for the name of the credit rating bureau, then contact that bureau for your rating history.


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    #16
    digit1
    Registered Users Posts: 55 ✭✭digit1


    The ICB is not always correct. I have seen guys who have defaulted on loans and this was not recorded on the ICB print out that they got.


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    #17
    babarino
    Registered Users Posts: 42 ✭babarino


    slimjimmc wrote: »
    Correct me if I'm wrong but the above statement and the fact you're seeking "credit" leads me to think you might be seeking a business credit facility. Yes?

    No.


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    #18
    babarino
    Registered Users Posts: 42 ✭babarino


    muffler wrote: »
    Maybe you should get your credit report first and see what details need to be contested or amended before blaming anyone else.

    I haven't named anyone so how can you say I'm blaming?


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    #19
    muffler
    Registered Users Posts: 46,143 ✭✭✭✭muffler


    babarino wrote: »
    I haven't named anyone so how can you say I'm blaming?
    Really? I never said you named anyone but I did say you were blaming someone or some business based on the following comments from yourself.........................

    babarino wrote: »
    Why should a registered company tarnish an individual's name without the individual being informed?
    babarino wrote: »
    It's hardly fair that someone can have you put on a blacklist without you being informed.


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    #20
    foggy_lad
    Closed Accounts Posts: 20,373 ✭✭✭✭foggy_lad


    babarino wrote: »
    I'm being refused credit and I don't understand why. I don't buy what I can't pay for. I have had a couple of disputed bills in the past few years, took legal advice and didn't pay. I would have gone to court in both cases - the matters just went away.

    Recently I have been refused credit and am going through the process of getting a report. My issue is why should I only become aware of a poor credit rating when someone runs a quick check on me? Surely citizens are entitled to be informed that they have been put on a credit 'blacklist'.

    If you are being refused credit by someone like a mobile phone company for a bill-pay phone then it has nothing to do with your credit rating but al to do with their own credit scoring software.

    Is it possible that wherever you sought credit they were using their own credit scoring software rather than actual credit ratings?


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    #21
    babarino
    Registered Users Posts: 42 ✭babarino


    foggy_lad wrote: »
    If you are being refused credit by someone like a mobile phone company for a bill-pay phone then it has nothing to do with your credit rating but al to do with their own credit scoring software.

    Is it possible that wherever you sought credit they were using their own credit scoring software rather than actual credit ratings?

    Yes this is possible. If the report comes back clean, is it possible to get feedback on their credit scoring software?


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    #22
    babarino
    Registered Users Posts: 42 ✭babarino


    muffler wrote: »
    Really? I never said you named anyone but I did say you were blaming someone or some business based on the following comments from yourself.........................

    No, I'm guessing, so I'm left to conjure up difficult dealings I've had of late. I know it's not mortgage, bank loans and am irked that I have to go through bull**** to find out.

    What's your problem with that?


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    #23
    foggy_lad
    Closed Accounts Posts: 20,373 ✭✭✭✭foggy_lad


    babarino wrote: »
    Yes this is possible. If the report comes back clean, is it possible to get feedback on their credit scoring software?

    No, the staff in store will have been told to follow what the computer tells them or face being sacked. often people who you would expect would be very high risk are accepted without a problem or even deposit while much more secure persons get asked for huge deposits or just get a flat refusal.


    Is there any possibility/what is the likelihood that someone has stolen your identity?


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    #24
    babarino
    Registered Users Posts: 42 ✭babarino


    foggy_lad wrote: »
    No, the staff in store will have been told to follow what the computer tells them or face being sacked. often people who you would expect would be very high risk are accepted without a problem or even deposit while much more secure persons get asked for huge deposits or just get a flat refusal.


    Is there any possibility/what is the likelihood that someone has stolen your identity?

    It's possible given an incident I've had recently with a transaction, which I didn't authorise.

    One check concerned a department store credit card, and at the time I was pleased it was declined:)


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    #25
    dudara
    Registered Users Posts: 33,518 ✭✭✭✭dudara


    Posts split out from old thread and moved to new thread. Please do not drag up old threads.

    dudara


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    #26
    Fred Swanson
    Closed Accounts Posts: 21,730 ✭✭✭✭Fred Swanson


    This post has been deleted.


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    #27
    babarino
    Registered Users Posts: 42 ✭babarino


    And the Credit check report came and there were no problems with it.

    We were worried that it was more serious. Thanks for the insight of those in the know. It seems that you can be refused credit when there isn't problem with your credit rating and various companies, like Vodafone, use their own sources to come up with an inaccurate finding...and at the moment I couldn't be bothered pursuing it with them.


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    #28
    L1011
    Registered Users Posts: 69,059 ✭✭✭✭L1011


    I think at least one of the private scoring firms (experian, Equifax, etc) tries to operate here. These buy data from wherever they can and sell to firms that would not usually be ICB members


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    #29
    goz83
    Registered Users Posts: 8,034 ✭✭✭goz83


    babarino wrote: »
    And the Credit check report came and there were no problems with it.

    We were worried that it was more serious. Thanks for the insight of those in the know. It seems that you can be refused credit when there isn't problem with your credit rating and various companies, like Vodafone, use their own sources to come up with an inaccurate finding...and at the moment I couldn't be bothered pursuing it with them.

    I've worked for a major telco company in the sales dept, specifically bill phones. Let me confirm that their scoring system is just unbelievably backwards. Yes means no. I was able to sell bill phone contracts to unemployed 18 year old people without any issue. The system rejected people who were earning huge sums of money and had great jobs. I was embarrassed to have to tell a surgeon that she was flat out rejected ( even though she was out of contract with another telco and was spending way more ) and that her husband, a teacher, had to pay a €300 deposit. The scoring software was created in the usa and nobody could explain why it was rejecting sound customers.


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