Credit card default 8 years after

teleop

Westminster wrote: »

Any challenge will come down to the finer details of the account and how it has been managed, what your payment levels where in relation to the minimum payment etc etc.

However, the unfortunate issue is that nobody is going to force BC to change this so it comes down to how they view your case.

I should also add - that I had no issue with my BC default date, I was able to get Cahoot (now Santander), Cabot (a Goldfish card - subsequently bought out by Barclaycard though I believe), Co-Op and BoS all to backdate to varying degrees. The wording of those various letters differed based on the specifics of what occurred but I have pasted below one example to give you the 'gist' of it.


One last thing - I sent most of my letters in 2012 and the ICO guidance was changed in Jan 2014

Hi Westminster, would the ICO guideline change in 2014 make a difference to myself. My accounts went to DMP in 2006 . Most of mine have fallen off file there is just this one due off in 2020 if it can't get backdated. What difference did the new guidelines have .thankyou.

fermi

Any changes in the 2014 guidance are not retrospective, so the previous guidance stands in your case. They are what creditors should have adhered to.

See:

fermi wrote: »

Old Technical Guidance can be found archived here:

http://webarchive.nationalarchives.gov.uk/20100428141142/http://ico.gov.uk/upload/documents/library/data_protection/detailed_specialist_guides/default_tgn_version_v3%20%20doc.pdf

or here:

http://www.experian.co.uk/www/pages/downloads/compliance/guidance_on_defaults.pdf

Creditors and companies should have followed those up until 01/01/2014.

Westminster

Yep - what Fermi said :-)

teleop

teleop wrote: »

Hi all, hope someone can help me out on this one. I had a credit card with Monument couldn't keep up payments so I entered a DMP IN 2006. This was then sold onto Arrow / Global . Just recently I have been checking my credit file on Noddle and it shows that Arrow have put a default on on Jan 2014. Can they do that I am in an arranged payment with DMP, also I cant understand why MONUMENT didn't put a default on it years ago. It seems so unfair as this will not come off till 2020. Can I ask MONUMENT to backdate it . I have rang MONUMENT asking why they didn't put this on earlier when they had the debt , all they would say was to put it in writing. Rang Arrow they said the reason they have defaulted is because they were not getting contractural payments and it was in arrears. Don't understand this at all it is so confusing. Was hoping to get my credit back to some kind of normality. No chance now . I am upto date with payments to Arrow none been missed at all.[/QUOTE
Being so concerned about default didn't realise on double checking my credit file that I have on there 4 accounts that have not been defaulted and are just showing as late payments.
So does this mean that when these are paid off my credit file is still not good till 6 years after. Why do creditors not issue defaults when these accounts are in arrears , that would have been in 2006 is beyond me. At this rate my credit file is never going to be any good for a lot of years yet. Sick isn't the word.

teleop

Westminster wrote: »

I was able to get several defaults backdated successfully - if you still need some assistance then I can tell you more about what I did and provide copies of the letters etc that I used.

Hi Westminster thanks for that, I have today had a reply from Monument long story short they say that it is Arrow I need to speak too. As they sold the account onto them in 2012. I already spoke to them awhile ago & they said to speak to Monument. I am going round in circles here. If you could advise in anyway would appreciate. Monument says this is there final response. Don't know what to do next. Thank you in advance.

sourcrates

teleop wrote: »

Hi Westminster thanks for that, I have today had a reply from Monument long story short they say that it is Arrow I need to speak too. As they sold the account onto them in 2012. I already spoke to them awhile ago & they said to speak to Monument. I am going round in circles here. If you could advise in anyway would appreciate. Monument says this is there final response. Don't know what to do next. Thank you in advance.

Lodge a complaint with the FOS, that would be your next step.

http://www.financial-ombudsman.org.uk/

Fill in there on-line complaints form, print it off, sign it, and post it off to them.

Each case is decided on its merits, so its worth a shot.