Little advice guys please

AndyPix

Hi All,
I have been working hard to keep a clean credit file for the last 2 years and my situation is improving.
I am looking to get a mortgage in 4 years time when the 4 defaults I have drop off the credit file.

However, yesterday I had an email from SLL Capital that starts with the following :-

"
Dear xxx

Balance owing: £262.50

Your reference: xxxxxx Original lender: Access Fast Money

SLL Capital assumes the same rights to YOUR ORIGINAL agreement as your original creditor, this means we can DEFAULT your account for the balance owing. Read More

We are willing to keep our previous settlement offer open to you and we restate that you have limited time to make payment arrangement before we issue a formal default notice.

Ignoring the problem will not make it go away. Entering into a payment arrangement stops further action or claim your settlement discount.
"
My question :- Is this right ? Can they really put a default on my account after not hearing anything about this for a number of years ?

If they do, will the default date reflect the original account, or can they put a default on showing this year ?

Also, I never had an agreement with ssl capital, so can they really put a default on ?

Many thanks in advance for any replies ..

Andy

Stevie_Palimo

Andy,


If you do not owe them and know 100% this is for sure then dispute the amount with them and ask for proof as to why you owe it, If they do not / can not provide anything to you then basically tell them to do one and make sure they do not put any mark on your file.


However if they can prove you owe the money and it is within 6 years from last contact / payment made then a default can be put on your file right up until the 11th hours so to speak ( 5 years and 11 months and a day spare of 6 years then this will last for another 6 years, This is only if you ignore it.

AndyPix

Hi thanks for the reply

So would the default they put be marked as 2015 ?

If so then that would not be an accurate picture of my circumstances, because I defaulted years ago ..

I wish the original company had defaulted the account - back when it actually defualted

Stevie_Palimo

Lets say you had an account with a Company in 2009 and ignored all requests for repayment then in 2015 they can put a default on your file if they choose meaning it will stay until 2021.

AndyPix

Hmm, ok, thanks for that .. That's not what I wanted to here

And even though I have never ever had any dealings with ssl capital (as they have bought the debt from the original lender) - They can still put a default on the account in their name ?

rizla_king

AndyPix wrote: »

My question :- Is this right ? Can they really put a default on my account after not hearing anything about this for a number of years ?

They can put a default on your file but they would have to backdate it to whenever the breakdown occured. Anything else would be inaccurate and a breach of the Data protection act and 4th data protection principle.

AndyPix

I thought it had to be an accurate description of my finances ..

In this case, an accurate description would be that I defaulted 2 years ago

AndyPix

Hmm,

2 conflicting opinions here ..

Does anyone else have any input as im confused ??

Stevie_Palimo

If the debt relates to you Andy they can do as they wish and sell onto any other Company to pursue you for it, Normally they get some think like a few pence in the pound on these but it makes commercial sense if they believe they were getting nothing directly from the debtor.

Stevie_Palimo

rizla_king wrote: »

They can put a default on your file but they would have to backdate it to whenever the breakdown occured. Anything else would be inaccurate and a breach of the Data protection act and 4th data protection principle.

But can they not add this from 2015 and it show as a default from 2009 meaning it still shows until 2021 ?

rizla_king

AndyPix wrote: »

Hmm,

2 conflicting opinions here ..

Does anyone else have any input as im confused ??

Your credit file must be an accurate reflection of the conduct of the account, including default dates.