Property News · June 5, 2016

An old Cashplus prepaid card has ruined my credit rating


Advanced Payment Solutions applied a ‘credit booster’ product to my card – now my rating has gone from excellent to very poorI’m writing to you as a last resort. In 2014 I ordered a Cashplus prepaid card from a firm called Advanced Payment Solutions. I wanted to use it for holiday spending abroad.Investigating a mortgage for a new home last year, I found that my credit rating had gone from excellent to very poor. After reviewing my Experian file I could see five late payments of £4.99 registered by APS. This was confusing as the card was a prepaid card only and would only ever hold money that I had transferred to it … or so I thought. Continue reading…

Source : theguardian.com
Read more…An old Cashplus prepaid card has ruined my credit rating

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