Help and advice needed - DCA

Burrows2

Hi
I have recently been getting calls from a debt collection company (BTW, or BTC) and haven't answered. I checked my credit report and have seen a default for activ capital for £503 dating back to 2011. My question is this do I answer? What do I say? I am a student and already live on the bare minimum. I have no family to borrow the money from. If I pay does the default stay for another 6/7 years? If I don't pay or answer for next 3/4 years does it become statute barred and drop off my credit report if so it seems stupid to answer or pay.. Or will they enforce a CCJ.. It's obvious they don't have my address but have my mobile number. I'm confused by misinformation and just want to do the best/right thing.

[Deleted User]

Burrows2 wrote: »

If I pay does the default stay for another 6/7 years?

No. The default remains on the file, for 6 years from the date it was applied, whether you pay or not.

If I don't pay or answer for next 3/4 years does it become statute barred and drop off my credit report

It becomes Statute Barred, 6 years from the date you last made a payment, or acknowledge it in writing, PROVIDED no CCJ is granted in the meantime.

Or will they enforce a CCJ.

That, I cannot answer, and nor can anyone else.