Defaults

geeka

Hi all,

Quick question for you. I'm with CCCS and about 5 months from being debt free. I have 3 credit card debts. 1 has a default on it (ive checked my credit file) and the other two haven't. I got a letter saying another will be registered against me this month (ive spoken to creditor and its something to do with the fact ive had to lower how much i pay and at that rate it goes against getting paid back in 10 years!).
My question is: does it make a difference if you have 1, 2 or 10 defaults against you or once you get one thats it?

Thanks
Tim

Time_to_face_the_music

Hi Tim :hello:

This is more about the lateness of the default rather than the number. It's very late to be having this default added with only 5 months of a DMP to go because it will stay on your credit record for 6 years from the date of the default.

It seems very mean and petty of the creditor to do this when they have so little left to recover from you.

Am sure someone wiser than me will be along with more advice soon.

geeka

I know I thought it was abit harsh but what can I do about it? would it be worth contacting the CCCS and getting them to write on my behalf or should I send a letter. I've paid off 8.5k of 9k i owe so im pretty miffed really.