Reversing a default

Hanky_Panky

HSBChell wrote: »

This is great advice, I really appreciate that. Thanks very much!

It's also completely inappropriate for your circumstances and largely bunkum too !

Please be careful.

HSBChell

Hanky_Panky wrote: »

It's also completely inappropriate for your circumstances and largely bunkum too !

Please be careful.

Ok now I am really confused, why do you say this? What would you do?

So many people have different views on everything I don't know what the best way forward is?:(

Jeff_Bridges_hair

HSBChell wrote: »

This is a seperate thing altogether - yes I have been in a spot of bother Jeff, thanks for bringing that up. But this is why this site exists

Thanks again

Yes i understand this but your moaning about only the HFC showing as a default on your credit file - If you have debt collectors chasing you for another unpaid bill from last year AND having your overdraft stopped by HSBC a few years earlier im led to believe (maybe wrongly) that its not just HFC that is having an effect on your credit file &/or there are things your not telling us.

Im not going to judge you over this as it can happen to anyone but it seems for one reason or another you have problems every couple of years which are probably having an effect on your credit file.

Hanky_Panky

HSBChell wrote: »

Ok now I am really confused, why do you say this? What would you do?

So many people have different views on everything I don't know what the best way forward is?:(

Sent you a personal message.

HSBChell

Jeff_Bridges_hair wrote: »

Yes i understand this but your moaning about only the HFC showing as a default on your credit file - If you have debt collectors chasing you for another unpaid bill from last year AND having your overdraft stopped by HSBC a few years earlier im led to believe (maybe wrongly) that its not just HFC that is having an effect on your credit file &/or there are things your not telling us.

Im not going to judge you over this as it can happen to anyone but it seems for one reason or another you have problems every couple of years which are probably having an effect on your credit file.

This HFC thing was a genuine mistake on my part, In the last 15 months I have paid off no less than £19,000 of debt - this has been through some serious hard work on my part and moving back in the my parents.

HSBC and eBay did what they had to do, and actually HSBC did me a favour in putting me on a managed loan

I have finally got my head round things and was going completely in the right direction - finding this default when it was a genuine mistake as really taken the wind out my sails.

I paid this £255 off the second I found out about it - just looking for advice to see if there is anything at all they can do?

I am not blaming them, it was me that borrowed the money at the end of the day - but I have moved 1 mile away from previos address, I am registered at my new address and I am still at my original place of work so they didn't look to hard to recover their debt - that's all I am saying

Hax

HSBChell wrote: »

But to be now have a default against my credit scoring for 6 years over a measly £255 is absolutely criminal in my eyes - had it been several hundred or £1000's then fair enough

How far off "several hundred" is £255?

Whilst I can understand your frustrations, unfortunately you credit record is meant to be an indication of how well you managed your accounts. With this particular account, you slipped up.

Your only option is to write to them and explain the situation and make it clear that it was a genuine mistake and not debt avoidance and ask them nicely to consider removing the default.

As for them not trying very hard to track you down, that's not what their business is about. As far as they are concerned, they probably wrote to you at your old address but received no response. The finance companies themselves don't normally do a lot of "chasing" when it comes to missed debts - that normally only happens when the debt gets passed to the internal collections department or an external debt collector - by which time, the default would have most probably already been registered.

Jeff_Bridges_hair

HSBChell wrote: »

This HFC thing was a genuine mistake on my part, In the last 15 months I have paid off no less than £19,000 of debt - this has been through some serious hard work on my part and moving back in the my parents.

HSBC and eBay did what they had to do, and actually HSBC did me a favour in putting me on a managed loan

I have finally got my head round things and was going completely in the right direction - finding this default when it was a genuine mistake as really taken the wind out my sails.

I paid this £255 off the second I found out about it - just looking for advice to see if there is anything at all they can do?

I am not blaming them, it was me that borrowed the money at the end of the day - but I have moved 1 mile away from previos address, I am registered at my new address and I am still at my original place of work so they didn't look to hard to recover their debt - that's all I am saying

As Hax says - they dont do much to chase you up... They dont have to as it is not their responsibility to make you pay for whatever you borrowed.. I know you say its an oversight - but its starts with an oversight, then something else, then the ball rolls. You see it happen too much on here.

Its great you have managed to pay off so much of your debts in such a short period of time and that is commendable..:T

HSBChell

Hax wrote: »

How far off "several hundred" is £255?

Whilst I can understand your frustrations, unfortunately you credit record is meant to be an indication of how well you managed your accounts. With this particular account, you slipped up.

Your only option is to write to them and explain the situation and make it clear that it was a genuine mistake and not debt avoidance and ask them nicely to consider removing the default.

As for them not trying very hard to track you down, that's not what their business is about. As far as they are concerned, they probably wrote to you at your old address but received no response. The finance companies themselves don't normally do a lot of "chasing" when it comes to missed debts - that normally only happens when the debt gets passed to the internal collections department or an external debt collector - by which time, the default would have most probably already been registered.

Yeah that's a fair and valid point Hax, and it was sent out to a debt agency called Robway, but they returned it back to HFC apparently on the 6th of this month

Yeah it looks like it was issued 4 months after the account was closed.

I will write to them of course, but can they remove the default after issuing it?

HSBChell

Jeff_Bridges_hair wrote: »

As Hax says - they dont do much to chase you up... They dont have to as it is not their responsibility to make you pay for whatever you borrowed.. I know you say its an oversight - but its starts with an oversight, then something else, then the ball rolls. You see it happen too much on here.

Its great you have managed to pay off so much of your debts in such a short period of time and that is commendable..:T

Thanks JB, moving back in with parents, no mortgage etc does help significantly on that

Of course, I now look like the bag lady of Old London Town!

McKneff

close member of my family were going through something like you have done.

Just this week it was settled, the payment that she made after she found that there was a balance that she knew nothing about (because she paid off an amont that they gave hers F & F then added interest after she paid it) and a sum of compensation and an apology but most of all they are also removing the default from her credit card. Keep persevering, go to the FOS if you feel that strongly.