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Scottish Trust Deed Forum
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Topic starter
17/09/2015 11:07 pm
Hi all I have now done my full 6yrs so decided to check my credit scoring and my score is 926 which they say is good? It shows that all my hbos stuff has been closed they were my main lenders but it also says that mbna is defaulted, they are the only red mark on me, I'm pretty sure this was included in my trust deed, can any of you's think why this would be and if it was serious would my credit score not be lower? Thanks
18/09/2015 9:39 am
Hi dazza.
We've typically suggested that people don't focus on the "credit score" too much.
It's just a guess by the credit reference agency about how a lender might judge you. Lenders use their own credit scoring methods, not the score that you're being given by the agency.
I think it's safe to say that many lenders might be put off by an unsatisfied default on your file.
If this MBNA debt existed when your trust deed started it was included in the arrangement.
Any default notice on this account should have been issued on a date no later than the trust deed start date. It should have been marked satisfied or partially satisfied when you were discharged.
If any of this didn't happen you'll need to contact MBNA to get it updated and corrected.
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