Wrong default date on credit report

abba1772

Hubby has finally got his credit report and on one of his accounts the default date is wrong.......

In 2010 he went car shopping was persuaded to by a £10k car......silly boys and there toys realised he couldn't afford it and never paid a penny towards it which shows up on the report, he handed the car back and the finance company claimed they sold the car at auction for £1800 hubby asked for proof but got nowhere

Is it true that the default date should be up to 6 months of non payment??? If so in this case a default hasn't been put on his account til 2 years later.....can they do this??? We've still no proof what the car sold for but I don't think any company would be willing to let a £10k car only go for £1800

Thanks in advance x

happy_bunny_2

Car finance may be a bit different, not sure, but 2 years is too long.

Complain, in writing about the date and the fact they have provided the reasonable evidence requested.

See what they say.

abba1772

I think they've held onto the finance then sold it to a debt collection company who maybe the actual ones who defaulted the account x

How do you find out who it is that has actually defaulted you x

happy_bunny_2

It should be logged on his credit report. The last people to update it.

If it's sold, you normally get a notice of assignment letter.