Kindly assist me. In 2012 I did an application for debt review, immediately I cancelled it. I’ve got the letter from the credit provider that says I had cancelled the application, but when I am trying to apply for a credit it declines they say I am under debt review.
Please advise me what must I do in this situation?
Thank you for your question.
When cancelling your debt review what you must keep in mind is that your debt review will be listed on your credit profile until a Form 19 is issued. This can only happen when;
1. you have brought arrears up to date and are able to pay original instalments, or
2. if your debt has been settled.
If you reached one of the above you can contact your debt counsellor to issue you with a Form 19. This will then be sent to your creditors and the credit bureaus. Who will remove the listing from your credit report?