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Defaults in Credit History while in Trust Deed
debadzuk79
Posts: 7 Forumite
in IVA & DRO
Hi,
Just looked at my credit report and it has a default for the last 3 months for a sum of £452 that is protected in my Trust Deed.
A company called Arrow Global Ltd have bought my old debt with Orange so I believe and are defaulting my credit report. Apart from this I have no other defaults in the last 36 months and am due to come out of my Trust Deed this month.
The question is why are they doing this now. I have had no phonecalls from them for the last 7 months. I phoned them and they said they will keep putting defaults on the file untill I come out of my Trust Deed. Will they then be cleared? They have a copy of the deed but say the account is still active while the deed is!
Hope I am making sense. No other company has put defaults on my file. Will this affect my chances of getting a mortgage in future or will they be removed when I am finished in the deed?
How can I rebuild my credit history once out of the Trust Deed and how long will it take?
Thanks for any help.
Just looked at my credit report and it has a default for the last 3 months for a sum of £452 that is protected in my Trust Deed.
A company called Arrow Global Ltd have bought my old debt with Orange so I believe and are defaulting my credit report. Apart from this I have no other defaults in the last 36 months and am due to come out of my Trust Deed this month.
The question is why are they doing this now. I have had no phonecalls from them for the last 7 months. I phoned them and they said they will keep putting defaults on the file untill I come out of my Trust Deed. Will they then be cleared? They have a copy of the deed but say the account is still active while the deed is!
Hope I am making sense. No other company has put defaults on my file. Will this affect my chances of getting a mortgage in future or will they be removed when I am finished in the deed?
How can I rebuild my credit history once out of the Trust Deed and how long will it take?
Thanks for any help.
0
Comments
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The same principles apply to defaults and dates as in this thread.
http://forums.moneysavingexpert.com/showthread.html?t=1286063
If in doubt, contact the ICO.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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