Advice pleaaaassssseee !!!! noob

lisa6

Hi all just stumbled upon this site and been reading for a while and this site seems so helpful and full of knowledge so i thought id post and hope someone can help me,

So 2003 i got a barclaycard initial, all went well until 2006 when i was in finacial crisis and missed alot of payments, anyway i turned a blind eye to my debts until recently,
Ive now got myself a good job and excellent salary so i decided now was the time to sort my credit file and pay what i owe,


So i went onto equifax and got my credit report and i was shocked at what i saw, i owe barclaycard a measley £273 but it showed default on oct 08??????? i havnt paid them anything since the very latest sept 06 so surely i should of defaulted in 06???
im not running away from my debts and i am totally willing and have got the funds to pay what i owe them but the default is not going to come off my record for another 4 years and it should be 2.
i cant find any of the old statements or anything relating to the barclaycard and dont no how to get intouch with them,

i just dont no what my next step is and what i should say to them and how to find my account details, the default date is a million percent wrong, is there anything i can do or say before i pay them to help my credit file ?

Thanks in advance i just dont no what to do xxxxxxx

onlypaddy

They can apply a default whenever they want...in extreme cases, they can go up until 6 years since the last payment, if they want to be cruel. Trying to challenge a valid default will get you nowhere I'm afraid.

I would imagine that the account will be with a debt collector by now. Have you had no correspondence at all?

lisa6

onlypaddy wrote: »

They can apply a default whenever they want...in extreme cases, they can go up until 6 years since the last payment, if they want to be cruel. Trying to challenge a valid default will get you nowhere I'm afraid.

I would imagine that the account will be with a debt collector by now. Have you had no correspondence at all?

Thanks for the reply, i moved house a while ago and i have searched hi and low for any old statements but to no avail, i really dont no what to do, or who to speak to, i was hoping if i could speak to them and agree to pay in full if they would remove the negative data off my file would this be possible? thanks again x x x x x

Tixy

If you only recently got your credit file then its possible that the DCA will find you and write to you soon (this happens quite a lot if people have moved address and then link the addresses by asking for their credit file).

Sometimes people do try to negotiate to have a default removed in return for paying in full - I think its rare for a creditor to agree - and if the debt is now with a third party DCA (not an inhouse one) but the default is still in the banks name then they won't have the ability to remove it anyway, they'd have to get the original creditor to agree which is unlikely).

Once you know who now owns the debt you could try asking for a copy of the default notice that legally they must have sent before being able to apply a default - you could then check the date on this notice.

lisa6

Tixy wrote: »

If you only recently got your credit file then its possible that the DCA will find you and write to you soon (this happens quite a lot if people have moved address and then link the addresses by asking for their credit file).

Sometimes people do try to negotiate to have a default removed in return for paying in full - I think its rare for a creditor to agree - and if the debt is now with a third party DCA (not an inhouse one) but the default is still in the banks name then they won't have the ability to remove it anyway, they'd have to get the original creditor to agree which is unlikely).

Once you know who now owns the debt you could try asking for a copy of the default notice that legally they must have sent before being able to apply a default - you could then check the date on this notice.

so if the dates not in 08 on the default notice, then i have a leg to stand on? i dont remember even getting a default notice to be honest x x x x x x x x x

lisa6

I also have a joint loan with my ex, which never had a payment missed and we spilt up 4 years ago, he agreed to pay the loan as it was coming out of his account and it was something for him y we got the loan in the first place, after checking my credit report he didnt pay it and it shows a default on my file sept 06 now im really peeved and have no contact with him at all which im glad but im stuck in another rut coz of him.

fozmcfc

I'd like to just say well done to you, for wanting to sort out everything, so many people just wouldn't bother.

Hopefully someone can give you some definitive advice.

lisa6

fozmcfc wrote: »

I'd like to just say well done to you, for wanting to sort out everything, so many people just wouldn't bother.

Hopefully someone can give you some definitive advice.

Thanks x If i lend someone money i expect it back, so its only right i pay what i owe now im in a position to do so i just dont no my best way about it x x x xx

richard734

I would suggest you give Barclaycard a call and offer to settle in full (if you can) in return for clearing the default. You could argue that as you havent recieved the norifications etc, there might be an argument in court and that would be an expense they dont need to incurr. Just my thoughts....

MrsTinks

richard whilst I see your point if they wanted to be difficult and the OP got the default from 08 removed they can simply serve new papers and get another placed straight away serving very little purpose other than to cost the OP a lot of time and money...
OP - a settled default will count for a lot less than one which is current... The one you need to worry about is the joint loan - wether or not your ex was the one to benefit doesn't matter to the lender - you were both jointly and completely liable as far as they are concerned and if they think you can pay it off they will pursue you for the outstanding amount in full - they will go after whoever they can and they think is most likely to pay them...
You need to work out how much is left of the loan and if you can find contact details for your ex to make sure they chase him too... but bear in mind you can be pursued for the full debt - sorry...