I've recently received my Equifax Credit Report and was a bit shocked to find the only negatives on there were two entries by a company called Lowell Finance (who I note other members have had issues with in the past). The following summarises the two entries:
1.
Current Balance: £5k+
Start Date: Jun 1994
Default Date: Aug 2009
Default and Delinquent balance: £7.5k+
Date Updated: Feb 2012
2.
Current Balance: £1,200
Start Date: Jan 2007
Default Date: Dec 2011
Default/Delinquent Balance: £1,200
Date: Mar 2012
As I say, I have no idea what these are for as I have not had any unauthorised debts in the past 20 years or so. Neither have I ever received any notification from Lowells, or anyone else about these supposed debts. My issue is that I want them removed from my Credit Report, but am cautious of waking the sleeping lion that is Lowells and then opening the floodgates to their apparent aggressive hassling for payment. I did ask Equifax to look into it but the response was for me to get in touch with Lowells direct, which I am naturally cautious about, given the experiences of others recorded on this site. I have been a Barclays customer for many years (including loans) and I have heard that Barclays have previously passed on debts to Lowells, so not sure if this could be a factor. I'm absolutely fuming that this has happened as the red marks on my report could effect future applications, yet I believe I have done nothing to deserve them. I'd be extremely grateful if anyone could offer any advice. Thanks.
1.
Current Balance: £5k+
Start Date: Jun 1994
Default Date: Aug 2009
Default and Delinquent balance: £7.5k+
Date Updated: Feb 2012
2.
Current Balance: £1,200
Start Date: Jan 2007
Default Date: Dec 2011
Default/Delinquent Balance: £1,200
Date: Mar 2012
As I say, I have no idea what these are for as I have not had any unauthorised debts in the past 20 years or so. Neither have I ever received any notification from Lowells, or anyone else about these supposed debts. My issue is that I want them removed from my Credit Report, but am cautious of waking the sleeping lion that is Lowells and then opening the floodgates to their apparent aggressive hassling for payment. I did ask Equifax to look into it but the response was for me to get in touch with Lowells direct, which I am naturally cautious about, given the experiences of others recorded on this site. I have been a Barclays customer for many years (including loans) and I have heard that Barclays have previously passed on debts to Lowells, so not sure if this could be a factor. I'm absolutely fuming that this has happened as the red marks on my report could effect future applications, yet I believe I have done nothing to deserve them. I'd be extremely grateful if anyone could offer any advice. Thanks.
Lowell Finance Frustrations
