Incorrect Default Dates?
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davidphi
Posts: 14 Forumite
Hi,
Just after some advice please on my situation. I’ve been in a DMP with Stepchange since June 2011. I currently pay £100 per month on an outstanding debt of £24k, split between 8 creditors. Most of the original debts have been resold. I had fallen behind on payments at the end of 2010.
Fast forward to now and I’ve noticed that in my credit file that 2 of my accounts are showing as having only defaulted in June 2014. I can’t understand why they waited 3 years to default them, given that I’d been making very much reduced payments for 3 years. Do I have any options for getting the default date moved back in line with the others in 2011? The two accounts were an overdraft from HSBC (they correctly defaulted a credit card I’d also had with them) and a credit card from Barclaycard, (they correctly defaulted two others that were bought from Egg) now resold to PRA.
I am intending on doing F&F settlements with them all in the next few months, but I would like to get these default dates sorted out first, so they drop off my credit file in 2017, rather than 2020.
Thanks,
Just after some advice please on my situation. I’ve been in a DMP with Stepchange since June 2011. I currently pay £100 per month on an outstanding debt of £24k, split between 8 creditors. Most of the original debts have been resold. I had fallen behind on payments at the end of 2010.
Fast forward to now and I’ve noticed that in my credit file that 2 of my accounts are showing as having only defaulted in June 2014. I can’t understand why they waited 3 years to default them, given that I’d been making very much reduced payments for 3 years. Do I have any options for getting the default date moved back in line with the others in 2011? The two accounts were an overdraft from HSBC (they correctly defaulted a credit card I’d also had with them) and a credit card from Barclaycard, (they correctly defaulted two others that were bought from Egg) now resold to PRA.
I am intending on doing F&F settlements with them all in the next few months, but I would like to get these default dates sorted out first, so they drop off my credit file in 2017, rather than 2020.
Thanks,
0
Comments
-
Hi
Defaults should be added 3-6 months after your relationship with the creditor broke down by you missing payments. It sounds like you have a good case to request that the dates are amended.
James
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0
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