To keep paying or not?

improvementnotperfection

My OH defaulted on a loan in 2005 and it was passed to a DCA. The default has now dropped off his credit report.

About 2 years ago the DCA agency tracked him down and we were so scared of the letters/potential bailiff visits that he made contact with them and agreed a repayment plan of £100pm. The interest is frozen.

My question is, if he now stops paying the DCA can they still get a CCJ against him and put a new default on his credit report even though it's been more than 6 years since the original default date with the bank who gave him the loan?

chanz4

then can take it to court and get a ccj , due to the payments been made but no default

Tixy

They cannot put another default on the file, but could still take him to court and try to obtain a CCJ.

improvementnotperfection

Ah ok. Another 5 years of paying off his stupid teenage mistakes then!

Thanks for the clarification.

RAS

Did the loan have PPI? Has he reclaimed this?

improvementnotperfection

RAS wrote: »

Did the loan have PPI? Has he reclaimed this?

I/we have no idea. He has none of the original paperwork, only the DCA paperwork.

How would we find out?

If if did, who would we reclaim it from? Can't see the original loan issuer doing anything to reduce the debt, and the DCA would say it's an issue for the original issuer?

fermi

improvementnotperfection wrote: »

I/we have no idea. He has none of the original paperwork, only the DCA paperwork.

How would we find out?

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=39_getting_information_about_your_credit_agreement

3 different letters (CCA, SAR etc) in that factsheet, depending on what info you want.

improvementnotperfection

fermi wrote: »

3 different letters (CCA, SAR etc) in that factsheet, depending on what info you want.

Ok thanks, will probs give them a call as that page says you might not have the right to that info if the debt's been sold on.