Default date doesn't match?

Graham72_2

Hi everyone, go easy on me its my first post!

Ok here's the background, I defaulted on a Lloyds TSB credit card back in October 2005, balance £3079.28. I had lost my job due to ill health and was advised by the CCCS to default as they said they couldn't help me till I had.
I then paid a token payment to them each month (£5) for 5 years till roughly the end of 2010. CCCS and I parted ways then due to their incompetence and no more was paid towards this debt.
At some point after that the debt was sold to Lowells (I think in 2013) and have since been receiving the normal letters from them, none of which I have replied to.
On my callcredit credit report, it has the debt down with Lowells with a default date of 11/10/2010.

How can this be right?

Can anyone help?
Thanks,
Graham.

Tixy

Hi and welcome.

It can't be right. Debt collectors are not allowed to change a default date, but that said it is not uncommon for a debt collector to add a later default (often the date the debt was sold to them). When they take over reporting to a credit reference agency their new entry in their name must use the same original default date the creditor used.

To get it corrected you would need to write to them to say that the entry on your file is inaccurate and incorrect and that you require them to correct your file and remove the entry from your file.

Doing so of course is likely to mean they will then start to chase your for payment, or chase you more agressively. That said they are not allowed to barter changing the default date for you making payments.

Graham72_2

So the default wouldn't start from the last payment paid regarding the debt? I still have the original default notice regarding the debt, can I speak to the credit reference agency instead of Lowells?

Tixy

When you enter a DMP the default is typically applied within 6 months of you enterting the DMP. Sometimes it could be later, particularly if the reduced payment was quite high compared to the original payment (which may mean they first reported an 'arrangement to pay marker' and then issued a default).

If you have a default notice then it would usually be within a month of that date.

You could try querying it with the credit reference agency, in turn they will raise the query with lowell.