Got credit report, help with default please

djdestiny

After many years of having terrible credit I pretty much gave up on even trying for loans or credit.
However, this morning I was brave enough to join up with Experian and see what was going on!
To my surprise, my score is good at 928.
I always make sure everything is paid on time these days, so that has obviously helped a lot

However, the only negative thing showing was a default from Vodafone.
As far as I was concerned, the account was paid in full and closed years and years ago!
But according to my file, it defaulted for £14!!!
The date it defaulted is 2/1/2010, so pretty good that its not going to be on there for long if I ignore it.
Personally I would rather pay for £14 if it would allow me to get it removed sooner!
Someone told me that if I contact them to remove it, it will reset the 6 years, and others have said if I pay it I can request for it to be removed
I assume the answer is to wait 8 months and let it drop off the radar.
Help please?

fermi

Paying it WILL NOT reset the 6 years for it being on your report. The default and all trace of the account will come off your report 6 years from the default date no matter what.

If you dispute the fact that there should have been there in the first place, then that may be a possibility, but you have left it a long long time to initiate such a dispute which may make it more difficult than it would have been if you had done it sooner.

Some companies have also been known to remove old defaults as a gesture of 'goodwill' if you explain that you disagree and stress how much it affects you unfairly. May be worth a go, but honestly, from what I have seen at least, Vodafone have very little 'goodwill' towards ex customers who they don't think they are going to make money out of again.

djdestiny

Thanks, thats what I thought regarding contacting them and it restarting the 6 years but thought I'd check just incase!
I have no interest in disputing it simply because I cannot remember if they did or did not send a letter first, plus we moved around that time too.
I'm just wondering if it is worth paying it, and if I do, will it make any difference to my rating?
If not, then I might as well just wait 8 months and wave goodbye to it anyway

Candyapple

djdestiny wrote: »

I'm just wondering if it is worth paying it, and if I do, will it make any difference to my rating?
If not, then I might as well just wait 8 months and wave goodbye to it anyway

As it's so old, paying it now won't make any difference to your credit rating. Just wait the 8 months for it to drop off.

Vodafone

Hi djdestiny,

If you'd like me to look into this, email me with your details via the link in our profile here.

All you need to do is copy and paste the link into your web browser and it'll take you to the Contact us form on our website. To access the form you'll need to enter the code WRT135.

As well as stating your query in the question box, please also quote "MSE Forum".

Once sent, you'll receive an automated reply with a reference number. Post back with this and I’ll check I've received it.

Kind regards,

Lee

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