Default Question

lauraliz1985

My husband has a paper copy of a default notice issued by Lloyds TSB dated 12/2007 but having looked at his Equifax credit file, the account is showing as "arrangement to pay" and there is not a default on there-is there a time limit on applying defaults?

My worry is that they will apply it after the debt has been entirely repaid (hopefully later this year)-can they do this?

Thanks

GeorgeUK

A default can be added to the account at any time.
The default date must however be within 6 months of the original default (first missed payment).

Edit: I doubt a default can be added after the debt is paid off though.

Tixy

This is a bit similar to this situation https://forums.moneysavingexpert.com/discussion/2818272 (well except this person did get a default added on at a much later date). Might be worth a read. Some of it deals with arrangements to pay then defaults etc.

lauraliz1985

That's great, thank you for your help