advice on removing defaults!

defaulter

Hi, Please can someone help...i got myself into a lot of debt at uni, Most of this is now paid off..I decided to check my credit score, and have found 2 defaults. Please can someone give me some advice on how to try to get these removed? The first one is for £534, iv read somewhere that the defaults for payments around the £500 mark are easier to remove?
The other debt is for £1,311, this is the only one that isnt settled, but i have been paying monthly toward.
Any advice would be appreciated, (esp from anyone who has been in this situation):beer:

happy_bunny_2

They drop off 6 years after the default date settled or not. You could ask to remove but no chance on the settled one unless it's not an accurate reflection of the way the account was run.

McKneff

The only way to get defaults removed is to prove that whoever registered them wrongly.

If this is not the case, then you are stuck with them for the whole 6 years when they will drop off automatically.

So absolutely no point in wasting yur time in asking.

Sorry, but its a true record of your credit history.

defaulter

Thank you both for the reply, was worth asking...guess there is no wy I'm going to be accepted for a mortgage for the next three yrs or so ):

SusieT

Look on the bright side, by the time the credit agencies show a clean record you will have no debts and will have been able to save the money you are currently paying against the debts which will give you a bigger deposit which will get you a better mortgage rate

Johnnybegood

Hello defaulter,
I had 4 defaults on my credit report with experian. Its true that you have to write to the actual company themselves, but you can ask them to remove the defaults as an 'gesture of goodwill'. Explaining that you have always paid on time previously, that it was an over sight or explain why this occurred and that you have since always paid on time since. Depending on the company thay may or may not remove the default. Of the 4 letters I wrote I managed to remove 2 defaults with 'Orange' this way. The way I see it you've got nothing to lose, they can only say no. I recall finding some template letters on the internet, but don't go to sites which ask for a payment. Just write an honest and polite letter once you've found out who you should write to at each company. hope this helps
Jim

defaulter

Hi Susi T, Thanks for the advice, i guess your right on that front, once them defaults have been removed iv got a sparkling credit file

Hi Johnnybegood (Jim) thank you for the advice, one default is with Capital one, its been paid off so i can only hope and ask. The other one os with MKDP, unfortunately, mine is a genuine debt, (i know that they are known to 'make up' debt, harrassing people for money they dont owe in the first place)
So dont know how sympathetic they will be.
I was ecstatic when the said companies gave me money when i was a skint student, with no credit history (good or bad). Knowing what i know now, i think i would have just left uni. Though i am in a good financial position now, possibly due to the uni education....clouds and silver linings etc ect