{"id":123414,"date":"2021-11-24T14:00:40","date_gmt":"2021-11-24T07:00:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-cant-buy-my-first-home-because-i-owe-13-to-o2\/"},"modified":"2021-11-24T14:18:09","modified_gmt":"2021-11-24T07:18:09","slug":"i-cant-buy-my-first-home-because-i-owe-13-to-o2","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-cant-buy-my-first-home-because-i-owe-13-to-o2\/","title":{"rendered":"I can\u2019t buy my first home because I owe \u00a313 to O2"},"content":{"rendered":"


\nMy mortgage application was turned down because my credit record shows a default on an old accountAfter years of saving, I finally have the means to buy my first home. However, my mortgage application was declined because my credit record shows a \u00a313 default against an O2 account that I closed in 2019. O2 explained that I am actually in credit by \u00a314 and the fact this was not refunded has created a default. I was told this was standard practice. O2 promised to have the default removed, and told me it would take 30-60 days. This could scupper my house purchase.MB, Lewes, East SussexO2 is talking nonsense. Credits never show as defaults on a credit record, and disputes with credit reference agencies must receive a response within 28 days, not 60. When I challenged O2, it suddenly discovered there was no \u00a314 credit. Instead, you owed \u00a312.85 when your account was closed and, as far as you know, you weren\u2019t informed. Continue reading…
\n
\nSource : theguardian.com
\nRead more…I can\u2019t buy my first home because I owe \u00a313 to O2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

My mortgage application was turned down because my credit record shows a default on an...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123414","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-w6y","jetpack-related-posts":[{"id":66718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-bad-is-a-credit-record-default-for-a-mortgage-application\/","url_meta":{"origin":123414,"position":0},"title":"How bad is a credit record default for a mortgage application?","date":"September 18, 2017","format":false,"excerpt":"\r O2 hit me for \u00a310 owed at the end of a contract. Now I worry if I\u2019ll be able to buy a houseQ My partner and I want to buy our first home. We started the process of looking into this last year, thinking that it would be relatively\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-gas-admits-an-error-that-could-lose-me-a-new-home\/","url_meta":{"origin":123414,"position":1},"title":"British Gas admits an error that could lose me a new home","date":"December 29, 2021","format":false,"excerpt":"\r My mortgage application was declined because of its mistake on my credit fileMy daughter faces having nowhere to live because of billing mistakes by British Gas. Her landlord served notice, in order to sell the property she was renting, and she was unable to find any other property to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-credit-score-agencies-have-the-power-to-make-or-break-lives\/","url_meta":{"origin":123414,"position":2},"title":"How credit score agencies have the power to make or break lives","date":"July 17, 2017","format":false,"excerpt":"\r Defaults on a file often mean lenders will say no \u2013 to anything from a mortgage to a mobile phone contract. So what can you do?Omar Nasser came close to losing his home when his interest-only mortgage expired earlier this year and his application for a new loan was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30663,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ee-failed-to-help-me-out-over-poor-credit-score-which-threatened-my-mortgage\/","url_meta":{"origin":123414,"position":3},"title":"EE failed to help me out over poor credit score which threatened my mortgage","date":"October 19, 2016","format":false,"excerpt":"\r I discovered a default had been recorded on Experian, but I\u2019ve never had an EE accountI was reading an article from 2013 highlighting how a couple almost missed out on their dream house due to a \u00a310 debt to a mobile phone provider. This has happened to me.I needed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-credit-card-default-rate-adds-to-concerns-over-household-finances\/","url_meta":{"origin":123414,"position":4},"title":"Rise in credit card default rate adds to concerns over household finances","date":"July 13, 2017","format":false,"excerpt":"\r Default rates \u2018increased significantly\u2019 between April and June, Bank of England says, adding it expects availability of credit to fall in coming monthsThe number of people defaulting on their credit card bills and personal loans jumped in the three months to the end of June, according the Bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-card-default-rise-prompts-fears-uk-could-be-heading-for-downturn\/","url_meta":{"origin":123414,"position":5},"title":"Credit card default rise prompts fears UK could be heading for downturn","date":"July 12, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Credit card default rise prompts fears UK could be heading for downturn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123414"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123414"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123414\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}