26 Jan 2016

A question about : Barclays Reported to Credit Agencies Incorrect

Hi - hope you can help,

Got a cheque for Ј300 quid from Barclays this morning stating that they've made an error in the way that they've reported information about my business account to Credit Reference Agencies and how it may have affected me gaining or increasing credit.

Cannot find anything about this on't'internet and was wondering if this is something anyone else has come across or can shed any light on?

Tates_uk.

Best answers:

  • Hi
    Also had this letter this morning - from what I can gather, it affects a small proportion of those who had/have had a Corporate or Commercial Barclaycard only. I understand that they reported account running facts (I.e. Overdraft usage) incorrectly, which could have caused a business to struggle to get credit.
    Also received the cheque for Ј300 which I am happy with, although can see this turning into something bigger if businesses have been significantly impacted. Luckily, my business was not affected as there are no recent credit applications.
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