How to know if I am in a defaulter list

No one likes their financial situation to be out of their hands but when we apply for credit we often have no idea what the company we’re buying from knows about us. You can pay a subscription to Equifax, Experian or other credit agencies who can provide access to your credit report for a monthly fee, but if you haven’t done that you might want to find out the answer to the question: how to know if I am in a defaulter list?

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Tax defaulters list

HMRC maintain a publically available list of those who have defaulted on tax. If you’d like to check whether you’re mentioned on it, go to hmrc.gov.uk/defaulters. The list only includes those who have made deliberate errors in their tax returns or failed to comply with tax regulations wilfully. If you’ve been on the wrong end of a clerical error or something equally innocent, you won’t be mentioned on the HMRC site. You have to have been pretty bad to end up on the published list because the other stipulations state that the tax amount concerned has to amount to £25,000 or more and you have to have been charged by HMRC for deliberately defaulting on your tax obligations.

Black list

If you’ve been black listed for credit, you can check that out by buying a credit report from one of the recognised credit reference agencies. The report is the same as the one that businesses access when you try to take out credit and your status is made pretty clear no matter which report you buy access to. You can always as the firm you buy it from if you have any questions. If you’re interested in defaulter lists in order to assess an individual who perhaps wants to borrow some money, you won’t be given access to that information. Your best course of action in that circumstance is to get a written agreement and be prepared to fight them in the small claims court if you don’t get your money back.

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