Equifax and Default Help please :o)

jandk

Hi all,

I'm tidying up my credit report (or attempting to!!). I joined Equifax a couple of weeks ago and note that there are 6 defaulted accounts on there. Only one is valid - the other accounts I had full and final settlement figures agreed with DCAs.

I sent off £1 to each asking them to remove the defaults as they were supposed to show "settled - partial".

However today I have received a letter from one including a £1 cheque to replace my one. And saying I owe them £172. I owed them £472 but the DCA accepted £300 as F&F payment.

Where do I go from here as I don't have the paperwork anymore so don't know which DCA it was. Should I ring the company (they provided a phone number to pay the £172) and explain and hope they have the paperwork from the DCA?

I'm confused about all this, and the next route is PPI reclaiming :eek:

Any advice gratefully received.

Thanks,

J x

somethingcorporate

Even though they are settled (even partially) I assume you did default for them to be passed to the DCAs? Therefore I don't think it sounds like they should be removed.

If you sent off a cheque to a DCA did you not fill in the stub to show who you made it payable to?

fatbelly

And a reminder for others - you need to keep the letter confirming the F&F deal for six years. After that you can use the Limitation Act if anyone tries anything.

And I agree with the others. You would have been formally defaulted soon after stopping making the contractual payments.

jandk

Thank you. I don't remember ever getting a default letter to be honest, but maybe I did?

I never ever kept cheque book stubs or paperwork. I've kept the F&F letters regarding the others, but just not this one.

I realise now that paperwork is essential but when you're £40k in debt and as low as you can be, it's not the first thing on your mind. I wish I'd not buried my head in the sand, but it's easy to look back now...

Thanks for your replies though

x

chanz4

For them to pass your debt off, its 99% likely you were defaulted. Partial settlement is just a flag the default still remains