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In payment plan but account still showing as default?
Jennyglover
Posts: 1 Newbie
Hi I had a credit card with barclaycard that went into default around 16 months ago. It is now with mkdp and I have arranged a monthly payment plan to start paying the debt back. I have noticed on checkmyfile that every month I am still getting a default against my score even though I am making a monthly payment now. Mkdp have told me I will continue to default every month until the figure is paid off. Can someone please tell me if this is correct?
Thanks in advance
Jenny
Thanks in advance
Jenny
0
Comments
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Jennyglover wrote: »Hi I had a credit card with barclaycard that went into default around 16 months ago. It is now with mkdp and I have arranged a monthly payment plan to start paying the debt back. I have noticed on checkmyfile that every month I am still getting a default against my score even though I am making a monthly payment now. Mkdp have told me I will continue to default every month until the figure is paid off. Can someone please tell me if this is correct?
Thanks in advance
Jenny
Yes, but it's nothing to worry about. It's still just one default, not a new one each month.0
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