SARN & Credit Agencies : LUSENET : Repossession : One Thread

Has anyone actually got more info from SARN the 3 credit agencies than they did when they paid the statutory 2??

-- Jude (, July 21, 2001


Hi Jude,

Which three credit reference agencies are you talking about? I think that some visitors to this site are familiar with Experian and Equifax, but the third agency would be ...?


-- E Scott (, July 22, 2001.

MCL Software (Hunter's Database)

-- Jude Adegbe (, July 22, 2001.

OK, so you're basically asking has anyone first got their credit files from, and then SARNed, Experian, Equifax and MCL Software/Hunter? And did anyone see any differences between the credit files and the SARN responses?

I think people should do this, if they can afford it (the SARN is 10, the credit file 2), but I'm a little concerned about them posting up any interesting results on a public board like this. Knowledge is power, etc.

Are you simply wondering whether it's worth the effort and money to go the extra mile (I think you're the best judge of how much spare time and tenners you've got), or are you wondering what it is you should be looking for? If the latter, there is a some material on this site which offers some advice on how to 'read' SARNs.

-- E Scott (, July 22, 2001.

Yes, basically i am asking: What information can a credit agency withhold when asked for a credit file that they would have to give if they were SARNed?

The issue is not money but time. My friend is trying to negotiate a early settlement conditional on the removal of, or non-posting of adverse credit information at the credit agencies. If he has to wait 40 days it could affect negoitions and he doesn't want to do this if he isn't going to get any more material informaiton, so hence the question. He does not have every-day access to a computer and thus to this website. Further neither him nor I found out about this site before he began negotiations. Perhaps things might have been different if he had.

-- jude (, July 22, 2001.

I'm collating answers to your two posts [this one and the 'adverse credit one below] here. Yes, get your friend's ordinary credit file as a matter of priority. You can always SARN later, which may or may not turn something up.

When was the property actually repossessed? Was it a voluntary repossession? If so, I'm fascinated by Eversheds' reference to a CCJ. Probably what the lender has is a possession order, not an MJO. If it were me negotiating a settlement, I'd certainly want to see evidence of this CCJ, including copies of the lender's paperwork on it. No evidence, no debt. How can you possibly evaluate a claim and a settlement unless you can recognise that the claim is valid?

Why the rush to settle, by the way? This kind of weakens your friend's negotiating position. It also means your friend might have the wool pulled over their eyes with regard to proof of the debt.

I believe that entries like CCJs stay on your credit file for 6 years, and that the CML claims there is no 'mortgage blacklist'...

-- E Scott (, July 22, 2001.

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