Please help

shane-23

Hiya all. im realy stuck and a novice on all this debt problems, i was young and dumb but now facing reality i regret screwing up..

i need ppl to help me tell me when will the defaults below be removed from my account.
i heared after 6 years they just gi paid or even unpaid

Capquest
Opening balance £ 446
Date of default 02/05/2008
Default balance £ 446

2009

FEB MARCH APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC
ALL DEFAULTS

2010
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
ALL DEFAULTS

2011
JAN FEB MARCH APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC
ALL DEFAULTS

2012
JAN FEB
DEFAULTS IN BOTH MONTHS



Orange Mobile
Open Bal £106
Date opened Acc - 06/04/2011
This is Late payment, no Default

2011
NOVEMBER
LATE PAYMENT

2012
JAN AND FEB
LATE PAYMENTS

NO DEFAULTS




Orange Mobile
Open Bal - £ 34
Date open ACC 26/06/2010
Default Date 03/01/2011

2010
SEPT OCT NOV DEC
ALL LATE PAYMENTS AND DECEMBER WAS A DEFAULT

2011
JAN FEB MARCH APR MAY JUNE JULY AUG SEPT OCT NOV DEC
ALL DEFAULTS

2012
JAN AND FEB
BOTH DEFAULTS




hutchinson 3G
Default Bal £61
Default Date 07/02/2010

2010
OCT NOV DEC
ALL LATE PAYMENTS

2011
THE FULL 12 MONTHS
ALL DEFAULT#S

2012
JAN AND FEB
BOTH DEFAULTS




Vodafone
default bal £194
default date 03/04/10

2010
JAN FEB MARCH - ALL LATE PAYMENTS
REST OF 2010 - ALL DEFAULTS

2011
FULL 12 MONTHS
ALL DEFAULTS

2012
JAN AND FEB - BOTH DEFAULTS



Barclays Bank
Default bal - £203
Default date 23/06/07

2007
OCT NOV DEC

---

ALL DEFAULTS

2008 - THE FULL YEAR
ALL DEFAULTS

2009 - FULL YEAR
ALL DEFAULTS

2010 - FULL YEAR
ALL DEFAULTS

2011 - FULL YEAR
ALL DEFAULTS

2012 - JAN AND FEB
BOTH DEFAULTS




lloyds tsb
start date 5/11/03
owe £107

2010 - OCT NOV DEC
3 LATE PAYMENTS

2011 - JAN FEB MARCH APR MAY --- OCT NOV DEC
ALL LATE PAYMENTS

NO DEFAULTS




Cabot financial UK
default price £203
default date 11/09/07

2011
may jun july aug sept oct nov dec
ALL DEFAULTS

can not retrive other information on this ACC

shane-23

what im asking, what do i start to pay first..

i dont knw what to do. some ppl say leave the old debts coming towards 6 years

plz help any1 and every1

flev

Hi Shane,

I'm also pretty new to this so not sure I can be much help, but just wanted to reassure you that there WILL be a way through this. I'm sure someone more knowledgeable will be along at some point to help you, but you may have to wait until normal "getting-up" time. Things always look way worse in the middle of the night, so I'd suggest now you've got most of the defaults written down here that you go do something else and try to get some sleep at some point - then check back in a few hours for some good help and advice.

Jacqui

shane-23

lol i wish i could sleep im working nights. yea i been doin pretty good so far although my file is very very bad but...

in last 2 weeks i have cleared £234 of debt, they was not defaults so removed them while i can...

now bit short of cash tho. my engine went in the van a few hours ago and got buy a car out of saving and my birthday money - today

Pink-Angel

Hi Shane,

Welcome to the boards. It's a horrible place to be when you first realise the reality of the situation, but there is plenty of support availble on here and people with all sorts of knowledge and helpful information.

Generally if you can afford the repaments it's best to pay off more on the debt with the highest interest rate first, and then tackle each one in interest order.

If you are struggling to make the repayments then the most important thing is seek some proper advice. You could call the National Debtline or try to make an appointment at your local CAB. I think National Debtline might be open on a Saturday morning if you wanted to call someone today. It will also help them best advise you if you have a list of the money you have coming in and going out.

I hope this helps and I wish you all the best.

amorge

Hi, if I've read correctly its your birthday today, if so, Happy Birthday

Well done on posting, it's hard to start with.

Defaults drop off your credit file 6 years from the date of default, I'm not sure what happens if there's still an outstanding amount. A company can only place 1 default per debt so after 6 years they can't give you another one. so your cap quest one will be removed from your file in May 2013.

I would suggest firstly making sure you pay all your accounts on time, especially the ones that do not have defaults, thus no incurring anymore late payment marks on credit files. Make sure you continue to pay the Lloyds one as they can still default you at any point.

Pay off the defaulted accounts as and when you can. Maybe start with the £34 orange one and the £61 Hutchinson one.....a satisfied default is much better than an unpaid one.

I hope that helps, I'm sure if anything I've said is incorrect someone with more knowledge will say.

Good luck, Anna

endora

The defaults will drop off your credit file after 6 years WHETHER PAID OR NOT so there isn't much point in paying them now given they are nearly 6 years old and obviously the creditors haven't bothered taking action given the small amounts involved.

It is a shame to get your credit file filled with defaults all for such tiny sums, the good thing is next year you won't have to worry about them being there anymore AND they will also be Statute Barred (after 6 years of no acknowledgment or payment in England, 5 in Scotland).