Credit rating

Just wondering did any of you ever have debt collection agencies on to you by mistake. How does this affect credit rating or future mortgage applications.

Don't know the answer but you may get some good advice on www.askaboutmoney.com Good luck.

In the UK I had someone use my details and it caused me a lot of problems. I was refused a loan by the bank and could not understand why so when I checked there was a default against me. I reported it to the police and to the company. Proved it was not me as I was no longer living there and had it removed. It took a lot of time to sort and whilst it was being sorted the bank would not go ahead with the loan, but no problems since. Just a warning to make sure you always change your address on everything when you move!