Loan Company Falsely Reporting to Credit Reference Agencies

[JaneyRose]

Recently got a copy of my CRA files, I can see that a loan company was falsely reporting multiple unaffordable loans as being fully paid off, despite being defaulted. This meant each time they did a Credit Score check, they would have known it would return a false high score, because they'd reported all my loans as being paid off, with interest. This meant they could secure more and more debt on my home, which I could not afford, and then move for a possession order. Any advice? To be clear, I was reluctant to take the borrowing, I never received any of the money directly, it was paid to the solicitors who arranged all this borrowing, and took their fees out of it.

[echat11]

Hi Janey

I do have some thoughts 'unaffordable loans', 'maladministration', lodge formal complain to the company, depending on what they comeback with lodge a complaint with the FOS and ICO.

EXC Can you please take a look and advise, many thanks.