Company has no record of my debt

JunkUtopia

Hello, I've posted this here as it's related to my credit report but feel free to move it if somewhere is more relevant.

I have a defaulted debt from 2009 with Lloyds TSB from a unpaid back overdraft, I was paying this back monthly for awhile but stupidly I moved house, forgot about it and never jumped back on it as I should have.

I want to clean up my credit record and with good faith wanted to start paying it back, so today I phoned the debt collectors they had put it over too, who said they haven't had the debt for 5 months, I think this roughly correlates to when Lloyds and TSB split(?), on the phone he made out he doesn't know who is now responsible.

So next I phoned Lloyds as on my credit report with noddle it currently says Lloyds Bank, but they have no record of me as a customer and suggested phoning TSB, which I did, and they also have no record of me as a customer.

So my question is how should I proceed now? Of course I'm thinking 'if no one has the debt on record then I can get it fully removed from my credit report!" but I don't honestly know if it will be that simple or if it will throw up a can of worms somewhere. The 6 year period from default ends in June 2015 so I don't know if it's best to wait it out.

Just looking for any advice or anyone been in a similar situation before? Thanks.

happy_bunny_2

Chances are it's been sold on and the new owners haven't got round to you yet. Or it's in a queue to be sold so no one has access to the details.

Just wait, someone will likely contact you.

When was your credit report last updated by Lloyds?

happy_bunny_2

Forgot to mention, you won't get it removed from your file for that reason.

JunkUtopia

happy_bunny wrote: »

When was your credit report last updated by Lloyds?

Ah yes didn't think of that! the Equifax statutory report I got a few days ago says it hasn't been updated since September 2012, but on Noddle it says it was updated December 2013.

I did think it's possible it's been sold on as you mentioned, I just thought the Lloyds guy I spoke to on the phone would be able to point me in the right direction if that was the case. Cheers.

purple_purple

If it's due to be removed in 2015 i wouldn't bother paying it as this may entitle the account to be on your credit file for another six years.

Hope this helps

fermi

purple_purple wrote: »

If it's due to be removed in 2015 i wouldn't bother paying it as this may entitle the account to be on your credit file for another six years.

Hope this helps

Not true. Paying a defaulted account does not make it stay on longer. It is still removed 6 years from the default date.

thewhiteavenger

Put the monthly amount you were going to propose in to a separate pot.


If someone contacts you after a long delay you can offer this as a full & final settlement.

rizla_king

If someone wants paying they will be in touch!