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Delinquent Balance - Default Remove?
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stevieb81
Posts: 2 Newbie
Hi All,
I am trying to get my life back in order, myself and partner have recently had a baby and are now thinking about buying a house.
I bought a copy of my credit file from Equifax, and, whilst over the last few years or so everything has been pretty much ok, I received a default from Natwest in 2008.
At the time they offered me a settlement figure to sort everything out, around £480. This has left a deliquent balance on the account of £480 even though everything is marked as settled.
My question is, if I offer to pay the delinquent balance of £480, how likely are they to remove the default if I ask this as a condition of paying them?
Also, who would I direct such a letter to?
Thanks for your time!
Steve
I am trying to get my life back in order, myself and partner have recently had a baby and are now thinking about buying a house.
I bought a copy of my credit file from Equifax, and, whilst over the last few years or so everything has been pretty much ok, I received a default from Natwest in 2008.
At the time they offered me a settlement figure to sort everything out, around £480. This has left a deliquent balance on the account of £480 even though everything is marked as settled.
My question is, if I offer to pay the delinquent balance of £480, how likely are they to remove the default if I ask this as a condition of paying them?
Also, who would I direct such a letter to?
Thanks for your time!
Steve
0
Comments
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Hello and welcome to the boards.
There is no way that they will remove a default whether you pay them the balance of not, its stuck there for 6 years, no matter what.
Its a true record of your credit history.
Defaults will only be removed if the company has made an error on their part.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
My question is, if I offer to pay the delinquent balance of £480, how likely are they to remove the default if I ask this as a condition of paying them?
Virtually unheard of if the debt is still with Natwest.
If the account has been sold to a debt collector then there is a small chance.
As said, if there is a dispute about the default itself, or whether the bank correctly notified you of their intention to issue one, then that might change things.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
It is still with Natwest. I am afraid I do not have the paperwork from back then. Is it worth me writing the letter to them about the default anyway?0
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No you would be completely wasting your time.
Sorrymake the most of it, we are only here for the weekend.
and we will never, ever return.0 -
It is still with Natwest. I am afraid I do not have the paperwork from back then. Is it worth me writing the letter to them about the default anyway?
May be worth making a Subject Access request to see whether they issued a default notice correctly etc..Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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