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Credit File and Loan
Hi All,
Back in 2002 i got a loan with Welcome Finance and started paying it off monthly for about a year. IT was over 3 years i believe.
After a year i was made jobless and notified welcome finance that i couldn't pay etc and they said they will look into it as i had paid insurance etc.
Never heard anything back until about a year ago where a debt recovery agency phoned and said that i owe the money. I stupidly paid £100.00 off over the phone. If i didn't then it would have been statatory barred this year....
THey are chasing. Is there anything i can do?
On another note i am refusing to pay at the moment as there is an error on my credit file.
The default date is sayign 2006 but the actaul information and the first default letter i recieved is in 2004.
So does the credit report have to show the first date i defaulted?
I contacted roxbourogh who said:
Paul,
I do thank you for the paperwork that you sent, it is appreciated. Further to the question posed with regards the wrong default date, I am sorry to tell you that the date we have on file is correct. It is true that in the event that there are several defaults in the life of a credit account, one would take the most recent default and apply that to one’s credit file.
Any questions please do not hesitate to drop a line, or give me a call.
Can i ask for the evidence at all and if they can't provide it then they can change it? or will they just make a fake letteR?
Thanks for the advice....
Back in 2002 i got a loan with Welcome Finance and started paying it off monthly for about a year. IT was over 3 years i believe.
After a year i was made jobless and notified welcome finance that i couldn't pay etc and they said they will look into it as i had paid insurance etc.
Never heard anything back until about a year ago where a debt recovery agency phoned and said that i owe the money. I stupidly paid £100.00 off over the phone. If i didn't then it would have been statatory barred this year....
THey are chasing. Is there anything i can do?
On another note i am refusing to pay at the moment as there is an error on my credit file.
The default date is sayign 2006 but the actaul information and the first default letter i recieved is in 2004.
So does the credit report have to show the first date i defaulted?
I contacted roxbourogh who said:
Paul,
I do thank you for the paperwork that you sent, it is appreciated. Further to the question posed with regards the wrong default date, I am sorry to tell you that the date we have on file is correct. It is true that in the event that there are several defaults in the life of a credit account, one would take the most recent default and apply that to one’s credit file.
Any questions please do not hesitate to drop a line, or give me a call.
Can i ask for the evidence at all and if they can't provide it then they can change it? or will they just make a fake letteR?
Thanks for the advice....
0
Comments
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im baffled...you thought you might have grounds for an insurance claim but did nothing about it?0
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