Defaults upon defaults

lpool999

I was a young stupid person a few years ago got credit cards, loans overdrafts with very little income at first it was ok because I was able to afford to pay it but then I lost my job and was unable to pay then came the charges upon charges and letters/phone calls which all turn to defaults.

These accounts were all sold to debt collection agency's, with this in mind when I finally got a job to start paying off these debts I started to gamble which made me borrow from high street lenders and payday loans. I have now stopped gambling, but am trying to deal with these outstanding debts I have got myself.

I was wondering when the defaults would start to disappear of my credit file is it 6 years from the default date or is it 6 years from the settled date. Because in need to start getting this done as my girlfriend and I want to get a mortgage on a flat in a few years time and I need these gone.

moohound

Well done in quitting gambling, and dealing with your debts.

It is 6 years from default date.

If you want a house/flat save up like mad, budget properly,keep a spending diary, get the best deals on all essentials, and don't buy stuff you don't need.

happy_bunny_2

Your credit file should list the current owners of the account.

Chances are, if you have some money, you should be able to offer a full and final settlement below the full amount, especially as owned by DCAs.

When were the cards etc taken out?

moohound

Are you thinking CCA request happy Bunny?

happy_bunny_2

moohound wrote: »

Are you thinking CCA request happy Bunny?

Yes, if taken out before April 2007 and they don't have one/its not valid then can offer less in F&F, as you know

lpool999

Hi thanks for your comment I dont get on the computer much.

the credit cards were taken out in 2005/6/7.

Where do i get the CCA from?

Also how much do you offer DCA in a full & final settlement?