Credit File and Loan Payments

max_sand1

A while back I defaulted on a loan account with £*** as the default/delinquent balance on my equifax credit file.

However strangely the Current Balance shows as £0, and the status is showing as Settled. Have they given up on me?

I am now in a better financial position and want to clear off all my debts, past and present, I would like to contact the loan company to offer them a monthly amount (equal to what i was paying before) to pay off the loan.

I was also going to try my hand at getting the default removed, I have heard this tactic sometimes works when you go hand in hand with a replayment offer. Possibly not playing by the books but in my view it doesnt hurt to try.

My question is though, if a default is removed from a credit file after 6 years, and the debt is showing as settled, would I be better not saying anything, what I am really worried about is if I go back to them and the record gets updated to todays date and the default shows on my account 6 years after I pay the debt off (with my new offer of the monthly payments would finish in about 2 years from now) or would the default still be removed after 6 years (assuming they dont agree to my default removal request).

Thanks

McKneff

its very rare for them to remove a default, only if someone, somewhere has made a major mistake etc. So I wouldnt call on regarding that.

Sorry cant help with anything else but no doubt someone will be along sometime to help.

geoffky

Looks like it may of been written off and i would not be too eager to poke the hornets nest...your choice

McKneff

Another vote for leaving well alone, what you see is what everyone else will see when yu are applying for credit.

Just sit back and relax

Shelldean

MACKENZIEHALL wrote: »

Your debt which you could not be bothered paying in the first place has been sold on , you will be contacted soon by a reputable DCA

No chance of thinking you have got away with it;);)

Like Mackenzie Hall???:rotfl::rotfl::rotfl: