We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Default Notice
stotfoldquery
Posts: 8 Forumite
Hi there,
Have a query, one of my creditors has not asked me for any monies for some two years (natwest). It shows on my credit report as a default some 30 months ago, as no one is asking I have not been paying, presuming (in hope) that I never hear from them, does this mean that after 6 years of the default being on the account it comes off the credit file even if no payment is made?
Have a query, one of my creditors has not asked me for any monies for some two years (natwest). It shows on my credit report as a default some 30 months ago, as no one is asking I have not been paying, presuming (in hope) that I never hear from them, does this mean that after 6 years of the default being on the account it comes off the credit file even if no payment is made?
0
Comments
-
Yep, But they still have pleanty of time to chase you, add interest, late fees...
I would admit it and make a payment arangement if i were you, before somebody notices and decides it's time you had a CCJ....All comments and advice given is my own opinion and does not represent the views or advice of any debt advice organisation.
DFW Nerd #1320 -
Can you afford to pay the debt? Or start making some payments
If so id arrange to start asap as posted above, from a morale point of view it will be worth paying it back.
Life seems to reward people who live by this philosophy so balance out your karma
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards