Newbie help required please

imanidiot

Hi there.

Have a bit of an issue that I would appreciate some info/advice on.

I have let a debt run up on some fees to my factor (my fault, just didnt get round to pay) and they have now just appointed a debt collection agency to chase the debt (debt around £350 which I can and will pay tomorrow).

Hands up - my fault....but does anyone know if this will affect my credit status? I dnot think it will as I dont have a credit agreement with factor as far as I'm aware but would appreciate any comments. I'm in Scotland if it makes any difference re law etc.

Tixy

Bump - for other opinions?

If you don't have a credit agreement then as far as I am aware there should eb no entry on your credit record - that said and knowing how DCAs work I'd be tempted to check your credit report in the next month or so to confirm they have done nothing untoward.

imanidiot

Tixy wrote: »

Bump - for other opinions?

If you don't have a credit agreement then as far as I am aware there should eb no entry on your credit record - that said and knowing how DCAs work I'd be tempted to check your credit report in the next month or so to confirm they have done nothing untoward.

Thanks for your reply. Any other thoughts/opinions?