Removing credit card default

CIMA_LOVER

Guys girls, can you read this letter and give me some feed back.

Without Prejudice
Date: 14th February 2006

Re: Natwest credit card default

Dear XX. Xxxx:

Please let me first thank you for taking the time to read my letter. I am writing regarding to the account registered at;

Address: xxxxxxxxxxxxxxxx
Account holders name: xxxxxxxxxx
Date of Birth: xxxxxxx

As you are aware it is a requirement of the Consumer Credit Act (sections 60 & 61) that any agreement is set out in a particular format, and is signed. Please could verify the debt by providing me with a copy of the original credit agreement, default notice and account history. If you have the required documentation, I ask that all that 3 documents are sent to me immediately.

If you can not provided me with required documentation, you can not prove that the debt is mine, I will ask that since the account had a very low credit limit and is now satisfied in full, please will you remove the credit file information in its entirety from both my Experian and Equifax files, including any default notices related to NatWest Credit cards.

If this proposal is acceptable to you I would be grateful if you would confirm this in writing. I am willing to pay any administration charges to cover any costs incurred. I have included some additional evidence of some of my existing credit accounts, that will show you that I am not a credit risk.

I look forward to hearing from you soon.

Yours faithfully


Mr X X XXXXX


cc: Included copies of

blacksta

All the best. If they can provide the aggrement letter you signed then you have no case. All the best let hope they cannot find it.

grumbler

Please could you verify the debt by providing me with a copy of the original credit agreement...

cc: Included copies of

cc='carbon copy' (AFAIK). Shoul be: encl: Copies of ...

muffle_2

Good luck, I think you'll need it!

Verbatim

"I am willing to pay admin charges" is a bit open ended! Perhaps " If I will incur any admin charge please let me know what these will be before proceeding" or at the very least insert "reasonable" before "admin charges.

Good luck.

The_Boss

There was a notice on Credit Expert now saying that Experian are getting more stuff from NatWest than before. I dont think they would remove it and it would stay there for 6 years, so maybe get in touch with Experian who would add to your form that you are disputing it. I've managed to get searches removed from my report by arguing against them, but this is a different kettle of fish and a lot more serious.

Experian_company_representative

I'm afraid that if information on your credit report is accurate, it can't be removed simply because it looks bad. Prospective new lenders have a right to see how you've repaid other credit agreements in the past. Maybe consider adding a notice of correction (a statement of up to 200 words) to your credit reports explaining any circumstances surrounding you getting into difficulties in the first place. Lenders will see this when you apply for credit in the future and it might help.

Dave_the_Ginger_Cat

CIMA_LOVER wrote:

As you are aware it is a requirement of the Consumer Credit Act (sections 60 & 61) that any agreement is set out in a particular format, and is signed. Please could verify the debt by providing me with a copy of the original credit agreement, default notice and account history. If you have the required documentation, I ask that all that 3 documents are sent to me immediately.

If you can not provided me with required documentation, you can not prove that the debt is mine, I will ask that since the account had a very low credit limit and is now satisfied in full, please will you remove the credit file information in its entirety from both my Experian and Equifax files, including any default notices related to NatWest Credit cards.

There have been recent court cases raised by banks, where despite not being able to produce the original agreement, they have proved that the customer has had used the account, had benefit of the funds and therefore acknowledged the terms and conditions of the account. Apologies for not being able to quote the case law, but it was about 2002. It's about suing for monies lent, which they can prove you received.

You may get a response which asks you to report the account as fraud if you are claiming it is not yours.

You don't say anywhere why you have an issue with the details of the record - what is it that makes this an inaccurate record of your financial transactions? The banks are obligated as part of their credit reference agency agreements to provide a fair view of their transactions and I can't see anything to the contrary here.

Do bear in mind that in assessing credit in the future banks look at a combination of factors and if the default is of a low value and as you report now satisified, it may not feature highly in a decision making process. More recent good payment behaviour is likley to carry more weight.

DTGY

Experian_company_representative

Well said Dave the Ginger Cat.

CIMA_LOVER

I never recieved the card, I lived in a student hall, with a shared mail box, any could have taken my card, and statements with out me knowing.

I just thought that I had been delined. :eek: