Virgin account closure a 7 year wait?

Kimberley

I asked Virgin to close my account, which they have done but they say they will hold my details and send a confirmation letter in 7 years :eek: so what if I want to take out another card in say a years time, it will show that I already have crefit when I don't x

TadleyBaggie

Regardless of what they hold, with the CRAs it should show up as settled for the next 6 years.

PeacefulWaters

No. They'll just keep your transaction history on file.

Kimberley

I see, I did wonder about that, thought it was a bit strange x

jonesMUFCforever

They will also re-open the account if a continious authority payment goes through, so make sure you have none authorised on the card. If you do have any cancel them now.

TadleyBaggie

It's not that strange. I recall someone posting about applying for an Amex card 10 years after having payment issues with them. Amex still the details on file and refused the application due to past history.

Nasqueron

TadleyBaggie wrote: »

It's not that strange. I recall someone posting about applying for an Amex card 10 years after having payment issues with them. Amex still the details on file and refused the application due to past history.

Companies protecting themselves against bad debtors is one thing, the OP is simply closing the card, it should show as settled on the credit record and retained for 6 years in line with the DPA - think the wording of the letter is just confusing, they won't count an X year old closed credit account as part of available credit if the OP applies for a card in the future