Old Arrangement to Pay

spudgun81

Good morning.

I was recently turned down for credit, so I checked out my report.

An old debt I had (cleared in 2009) with natwest was passed to Triton, and for some reason at the time they couldnt set me up with a direct debit. So i phoned them up each month and paid as much as I could.

Turns out every month for 2009 had 'Arrangement to Pay' stamped on it.

Am I able to get this over turned? am I right in thinking that these will expire at the end of this / next year?

I've emailed Triton before to see how to go about this, but have not had much success, and I guess what I really want to know is, is it correct to have arrangement to pay on every month, and would I just be wasting time by complaining about it?

Thanks

Spud

happy_bunny_2

If falls off 6 years from the date settled on your report, so sounds like the end of the year.

Just paying by phone rather than DD shouldn't result in an AP.

If the account is with Triton, than indicates payments were late.

were payments late? By how much?

APs are likely if you pay less than the contracted minimum or pay later than due and they agree to accept that. They ought to tell you mind.

You could write to them and ask them to change it, but then it will likely have late payment markers which are also not great.

It could also take months to sort.

Might well be left as is as it goes soon.

HB

spudgun81

Hi HB,

The old debt was my student overdraft. It's a long story, but I wasn't earning enough to get back into the black, and natwest got nasty about it.

As far as paying back triton, I never missed a payment - it's just that each month I would pay £50 £60 or £70 depending on how much I could afford. I was surprised that each payment has been marked as agreement to pay.

I've read that AP stays on your report for 7 years in some places?

As it's been so long I'm thinking I'll just wait one more year rather than drag this all back up and potentially hurting my credit report again

Many thanks for your help!

rizla_king

Everything will be gone in 2015 anyway.

happy_bunny_2

Leave it as you say. Overdrafts are funny beasts.

Gone soon anyhow.

HB