help understand my credit file

flatscreen

hi there ,im hoping any1 can help so im not too sure how my credit file works ,call me thick:o
my report seems quite good but in dispute with creditor over payment my insurance coverd when i was ill ,i have backing of CAB and they belive creditor is in wrong
but want i wanted to know the creditor has report that says started in 2004 payments were great until dispute now there wrote they are only late payments no defaults even thou loan is not been paid they update the report every month last was in feb 2011 does this mean it never fall of after 6 yrs or will it fall off in 2011 ,ive no idea ,im hoping im making sense:o
thank u

RedTulip

Hi

So, your loan started in 2004?, and you're still paying it, and you have a dispute on it?

Whether the loan is paid or not, in answer to your question re the loan 'falling off' your file - settled accounts remain on your file for 6 yrs from the date of last payment, the same as defaults/CCJs etc (so my Experian booklet tells me)

Hope that helps x

flatscreen

RedTulip wrote: »

Hi

So, your loan started in 2004?, and you're still paying it, and you have a dispute on it?

Whether the loan is paid or not, in answer to your question re the loan 'falling off' your file - settled accounts remain on your file for 6 yrs from the date of last payment, the same as defaults/CCJs etc (so my Experian booklet tells me)

Hope that helps x

was paying it everymonth until i got ill my insurance paid wot i missed but loan company said i still owed 24 months when i only owed 13 months left so went to dispute still trying to sort it out no word for last 6 months thou
it still geting updated on my file every month as late payment so unsure then it fall off due to this ?:o

RedTulip

Nothing for 6 months?? I'd get back in touch with the insurance guys to find out what's going on.

I'm not sure if its right they still update your file as a missed payment if its in dispute though, I'm sure they should mark it as a query (sure someone will be along to correct me if I'm wrong )

flatscreen

RedTulip wrote: »

Nothing for 6 months?? I'd get back in touch with the insurance guys to find out what's going on.

I'm not sure if its right they still update your file as a missed payment if its in dispute though, I'm sure they should mark it as a query (sure someone will be along to correct me if I'm wrong )

insurance is sorted but loan compay are saying we owe 24 months not 13 months ,i have proof with bank statements etc ,not geting anywere
but wot im really after does it fall off my file in 2011 as was started in 2004 or will it be on forever as they keep updting it everymonth ?
and ty