Understanding Defaults

Scattle18

Morning Guys, I've tried searching but can't exactly find an answer.

To cut a long story short I am a victim of Identity Theft my Mother used my name to get Catalougue Credit, and i'm in the process of getting this sorted, however I have a question.

Anyway she started re-paying the debt at an agreed £33.00 per month with the DCA in January 2013, before that date she didn't pay it so the account had a red marker/default on my Credit Report.

Since January 2013 she has been paying the agreed £33 per month to the DCA and has not missed a payment at all, however on my Credit Report it is still showing every single month since that a new red default has been added every month since January 2013? Is this correct even though she is paying montly now?
I thought the last default marker should be January 2013 or is that not the case? Shouldn't it be a green marker for every month paid?

Thanks

fermi

Yes, it should show a default marker every month.

Monthly status codes show how you are paying against the original agreement, not any informal one agreed with a debt collector afterwards. The original agreement defaulted and it stays that status from now onwards.

It's not a new default, just a status update on the original, so is normal and doesn't affect anything, as that is just the convention on how these things are displayed.

Scattle18

Thank you very much

Gaz83

Have you contacted the police?

Hazzinho

Once the date it defaulted is 6 years old it will drop off, if you haven't reported it as fraud that's your credit trashed for 6 years. Getting a mortgage, loans or credit card will now be a problem as it looks like you struggle to manage credit.