Old Account (Settled) recent update by provider

singy2002

Hi, I settled all my debts late 2007 and althought i still have a poor credit rating it is atleast going the right way.

I got my credit report again today (9 months since last time i checked it) and there is a "new" entry on it that was not present in september 2011.

the entry is for an Lloyds TSB credit card. The entry says defaulted and a current balance of £344. with an update added 06/11/2011 and default/delinquent balance of £343.

All my other accounts were settled (Not in full, payment negotiated) and show as closed as of 2007, so i am concerned that this old item firstly is new and secondly that it shouldnt exist anyway.

Link here for a screen shot of the specific entry.

NOTE: actually not able to post links




Thanks in advance for any info.

singy2002

s13.postimage.org/82g7or8mv/credit_rep.jpg

Link to image

fermi

Need to know more regarding the entry and the circumstances.

- Is the debt yours?
- If yours, was this one that you settled?
- If yours, is the default date of 2007 correct?

The last updated date is irrelevant as that doesn't effect anything.

- Also, if correct in other regards, is this just a duplicate of another entry on your report?

Sometimes they get added when a debt collector buys up a debt, and adds a default in their own Name. Arrow Global, Lowells, Capquest as a few examples.

singy2002

problem is i cleared everything nearly 5 years ago, but the amount of 344 most certainly is not correct.

I have 6 debts at the time of settling, all of which were well over a grand. I did have a CC with tsb at the time and it was settled. As of february 2008 i did not have any outstanding credit agreements.

My credit report from september 2011 does not contain ANY entries relating to TSB or for anything close to this amount.

fermi

You say you settled the LTSB account, but for less than the full amount?

Is it possible that this £343 represents the remainder?

Also, is it in the name of LTSB still or does it give the name of a debt collector?

Ultimately, if it is completely wrong then you need to dispute the entry.

See page 19 onwards of this link.

http://www.ico.gov.uk/upload/documents/library/data_protection/practical_application/credit_explained_leaflet_2005.pdf

singy2002

foolishly i binned all the old settlement papers and old statements a few years after it was all cleared.

As far as the amount, i think it was probably around 2k owed and settled at 1200 to TSB.