Barclaycard AP removal [successful]

michaelmcw

What was the status of your accounts? AP or missed payments? How many months etc?


That's great you had some success. If I were lucky enough to get this off my file I could finally think about getting a mortgage. Unlikely to have any luck with this on my file.

20aday

michaelmcw wrote: »

What was the status of your accounts? AP or missed payments? How many months etc?


That's great you had some success. If I were lucky enough to get this off my file I could finally think about getting a mortgage. Unlikely to have any luck with this on my file.

Arrangements to Pay. Although I was paying less than the required minimum payments at the time I thought it'd look better in the long term as I'd acknowledged the debts rather than defaulting.

However after six months I should've defaulted and then said defaults would've been removed from my credit files when they'd expired.

Best of luck.

852318

Hi 20 a day.

I am in a similar position with Marlin. I started a DMP back in 2006 but still says AP and Missed payments on my file. If I had paid nothing I would have had a clear file as the defaults would have long gone by now! I have written to them on 5/2/15 and as yet have heard nothing.

Good luck with your complaint.

852318

sorry misread the author, good luck Michael!

dichmau5

Having read this thread, we have drafted a few letters to my husbands creditors, all of which are paid off but showing as AP to ask to swap to a default! 2 are to debt collection agencies rather than the original lenders so we aren't sure how it will work with them, the other 2 are to Barclay card.

Thanks for the OP and other contributors for sharing, we didn't know this was possible.
Will post if we are successful! Fingers crossed - We want a mortgage!

connor08

If they are paid off it will show as settled on your account and should come of within 6 years of the date it was first put on if it's with a debt collection agency and it's not paid off it will.show as a default until paid then it will show settled again will remain on there for 6 years

fermi

An account with a default on it is removed from your credit report 6 years from the initial recorded default date, no matter how it is later marked as settled or not.

An account without a default is removed from your report 6 years from the settlement date.

That is why it can make a HUGE difference to the date your report eventually clears depending on whether there is a default recorded early on.

Meatloaf1981

Ok, I entered into a DMP last March and made low, token payments for many months, then increased the amount I could pay from December 2014. I have been on my DMP for only 12 months but Barclaycard is the only creditor who has not defaulted me, showing me as "AR" on Noddle.

Is there a way I can have this removed to reflect a default as I think perhaps they should have defaulted me back in March last year when I made no payment to them at all. I don't believe they have issued me with a default notice in the last 12 months, though I am positive they certainly threatened to. I won't finish paying my DMP until 2021 I believe so I'm not massively concerned at the moment. What I don't want is for the DMP to finish in March 2021 and then Barclaycard's AR marker hangs around like a bad smell for a further 6 years after that.

Any advice?

matttye

Andre2000 wrote: »

I will be settling this in full regardless of anything else.

My point is If I had not paid anything it would be off my credit file due to the 6 years period. i have paid over many years so I'm worse off for trying to manage my debt and worse it effects my ability to move forward in life financially.

Andrew

ICO guidance on defaults says you should not be placed in a worse situation for repaying your debts.

Complain in writing and take to FOS if complaint isn't upheld.

matttye

ZeElk wrote: »

After reaching a relatively good agreement with Barclaycard regarding my ap markers, MBNA have been totally the opposite.

FOS ruled in their favour. The advisor said that even though she could see that morally what they had done was wrong and that in reality, 8 years of AP markers was worse than a default that would have disappeared by now, by the letter of the law they hadn't done anything wrong as they're reported the accurate state of the account.

I'm still going to refer it to an adjudicator with the argument that temporary arrangements shouldn't last for years and when they restructured my account the arrangemt turned into the contractual payment - its thin but even if I can't get the entry removed I can try and get as many markers cleared off as possible.

If at first you don't succeed!

See my post above. ICO guidance says you shouldn't be put in a worse position for paying your debts.

Point out that such credit reporting encourages people not to pay, because they will get a favourable result if they stop paying.