Date Account Drops From Report

WeeJockMcPlop

I was discharged from a long Trust Deed earlier this year. After I did I got a copy of my credit reports and found that most of my former creditors had incorrect dates. Using a template letter from here I wrote to them asking for them to correct the dates. What the template said was that for insolvency events the Default and the Satisfied or Partially Settled date should all be the date which the deed was signed. Is this correct?


Further to that all companies have written back agreeing to correct the dates (there's no rushing Santander though it seems) but one of them has stated that they are changing the default date to the correct one but the Satisfied sate to my discharge date (June this year). Should I dispute this? More importantly does this mean that my updated report will show a default right up to June 2014 and then take another 6 years to drop off my report? The last 6 years have been a tough way to learn my lesson but it's seriously hampering my attempts to sort my financial life out now.

fermi

That is correct. The satisfied date should be your discharge date.

That doesn't change when everything is removed though. It ALL comes off 6 years from the initial default date, no matter what.

For Santander email ceo@santander.co.uk with a formal complain, saying that you will be taking them to the FOS and ICO ifg they do not correct your report.

Tixy

The default date should be no later that the date you entered the deed.
The account entries will drop off your file 6years after that default date regardless of what else is on them.

I believe they are correct/allowed to have the satisfied date as the date of discharge, but either way it won't alter when the entry drops off your file.

WeeJockMcPlop

Thanks folks, I was worried that the drop off was 6 years following the last entry on the account. The 6 year anniversary of the original default has passed so when they update it then it shouldn't show at all. That's a weight off now.


Fermi - Santander have not declined to correct it, they just took ages to answer my request and have said it could take 6 weeks for the report to correct. I'll give it a few weeks and pick up new £2 statutory reports.

fermi

WeeJockMcPlop wrote: »

Fermi - Santander have not declined to correct it, they just took ages to answer my request and have said it could take 6 weeks for the report to correct. I'll give it a few weeks and pick up new £2 statutory reports.

lol. So used to Santander being damn awkward.