Lowell default notice on statute barred ac. Help!

jair1970

Hey there

I';ll attempt to be brief.

I had a Barclaycard from my student days, was subsequently unemployed and couldn't repay it. Agreed a nominal monthly fee in April 03, then never heard any more, so didn't do anything with it. Got a mortgage in '06 and saw it was on my file with no default or anything on it. Eventually it dropped off the file.
By 2010, i'd figured it was statute barred and got 2 letters from Lowell Financial, I followed the blueprint and replied to them as such, they sent me back a letter along the lines of they won't be following this up and the matter is closed. (Annoyingly I can't find this exact letter rightnow).

Fast forward 2011, I make an application to remortgage. My credit file appears clean (999) yet there's a problem due to a linked address. I enter my old addresses (2000-2003/4) into experian and it throws up a Default on the account registered to Lowell Portfolio 1 ltd for 27/6/08 with an update to 4/7/10 (about the time my correspondence with Lowell ended).

Am obviously annoyed as I felt thought the matter had been dealt with. Should not the a/c have been placed in default many years before it was and by Barclaycard not Lowells? The debt is clearly statute barred so was it wrong for them to have a default attached to it? Can I get this default rescinded, 27/6/2008 means nothing to me!?

Any help would be gratefully received. I feel like if i'd have realised what a mess this thing would have got me in i'd have paid it off long ago.:( thanks

nottoolate

they can't just add a default 5 years later.

http://www.ico.gov.uk/upload/documents/library/data_protection/detailed_specialist_guides/default_tgn_version_v3%20%20doc.pdf

jair1970

Thanks for taking the time to reply, it's much appreciated.

I kinda figured that there was some odd practice with this account but I don't know who to approach to resolve it. Experian? Lowell?

It's odd because I've got old credit reports and the Barclaycard is on there and it never seems to have been put into default, as I say it's only when I added old addresses to a new report that I realised that Loweel had added a Default in 2008, 2 years before they approached me at my current address.

If, I presume, a default should have been filed at the latest in late 2003, are Barclaycard therefore at fault for not doing so? does this render any subsequent actions from Lowell to be untenable?

Having read the attached link, I feel clear that tehy're in the wrong. I'd appreciate advice as to how to resolve this as if it stays on my credit file, i'll effectively have had duff credit from 2003 to 2014! Which seems unfair for one account!

Thanks again

jair1970

Just to finalise this if anyone ever needs such help.


Basically, I sent a message to Experian and they researched it, contacted Lowells and possibly because they were flagrantly out of order completely agreed to remove the entry on my file!

Maybe if it hadn't been so clear cut, a more heavy handed approach would have been necessary.

either way, Result! .