Across the UK each year many businesses attempt to obtain credit from suppliers, banks, investors and so on and find it difficult to do so. Links with old or existing businesses or inaccurate data held on credit reference agency files is often a contributory factor.
Our Corporate Credit Correction service aims to reduce the damaging effects on a business that adverse credit history or inaccurate data held by a credit reference agency may have. It can also be beneficial where a company's credit worthiness is being influenced by an individual connected with that business.
Our service is comprehensive and carried out by trained professionals to ensure that past adverse history is minimised in terms of its effect on the future prospects of the business or otherwise.
Any kind of bad credit information such as County Court Judgements and defaults remain on credit files for a MINIMUM OF 6 YEARS regardless of whether the debt has been paid off or not. The business address and even the addresses of officers connected to the business may be blacklisted for credit through no fault of the organisation or its officers. Out of date information or inaccurate information on credit reference agency files may prevent the business from obtaining credit.
We take prompt and effective action to remove or amend harmful information held on the file relating to the business by the credit reference agencies in cases where the information has been incorrectly recorded or the matter to which the information relates has been discharged.
Stage 1 - We will carry out a full search on the company and provide a comprehensive report which may include the following:
Stage 2 - We will discuss with you the specific items identified in stage 1 so that we can establish what action can be taken to remove or amend any damaging items. At this stage we will tell you precisely what can and also what cannot be done to improve the businesses credit file; this may involve carrying out enhanced searches which will be subject to a further charge.
Stage 3 - We proceed to take the action agreed as a consequence of our discussions in stage 2.
The initial process (stages 1 and 2) can usually be completed on a same day basis. Stage 3 can take anywhere from two to six weeks depending upon complexity.
|Stages 1 and 2||£125.00 + VAT|
|Stage 3||£35.00 +VAT per item for all items amended or removed.|
Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.