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Welcome Finance GRRR!

Hi Guys

Little problem i discovered yesterday and its playing on my mind......

A few years ago i had a loan from Welcome Finance, i finished paying for this last October...the min payment was £98 per month but i was paying £125 a month to pay it off a little quicker. Anyhoo...i finally got to the end of the term and paid it off...all was fine and dandy untill yesterday i looked on my credit report and they have me down as defaulting on my account for the grand sum of...wait for it.....£4 :mad: now who in thier right mind would default for £4? I have not had 1 single letter or phone call to say i owe this money.
Surely they cant do this? :confused:

I did call them yesterday and i was told they had written the £4 off, i argued that it was'nt fair on my behalf as i did'nt know i owed this, they said to print off the report and write to them.

So my question to you is this....do i just write to them and ask them to correct it or is there nothing they can do? Im sorry but i really have no clue about this kinda thing :o

Thanks ever so much x

Comments

  • Burlesque_Babe
    Burlesque_Babe Posts: 17,547 Forumite
    Part of the Furniture Photogenic Combo Breaker
    I think they can agree to remove the default at their discretion.
    :D"Stay Wonky":D

    :j:jBecome Mrs Pepe 9 October 2012 :j:j
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    £4???? My god that's petty!!
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • Rout
    Rout Posts: 33 Forumite
    The creditor can remove the default, but make sure they remove it and dont just class it as 'satisfied', as it stays on your report if they do that.

    Michael.
    LBM August 2005

    Total Debt August 2005 = £37,497

    Current Debt Nov 2007 = £15,168

    :T :T
  • £4???? My god that's petty!!

    Tell me about it, i am furious with them...even the guy i spoke to totally agreed with me.
  • Rout wrote: »
    The creditor can remove the default, but make sure they remove it and dont just class it as 'satisfied', as it stays on your report if they do that.

    Michael.

    Thanks i will make sure they do, i did'nt know about the satisfied thing...thankyou!
  • Donedoingdebt
    Donedoingdebt Posts: 1,196 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    You can also contact the CRA, explain the situation & they will liase with WF to see if this can be sorted. Experian helped me quickly & efficiently with a similar sort of problem.
    Donedoingdebt Lightbulb moment January 2000. Debt at highest approx £102,000. Debt now (October 2009 - absolutely fork all!!!):beer:
    CSA case closed on 02/09/10 :beer::beer:
This discussion has been closed.
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