Halifax account default

james11##

Hello all,
I am a bit of a nooby so go gently!
I had a Halifax current account that got apssed to a debt collector about 5 years ago, they passed it back to the Halifax and then they passed it out again and then it got passed back to Halifax again. They passed it to First credit finance a few months ago. Anyway to cut a long story short first credit finance just issued a default on my credit report, how is this possible? I never had an account with them and as far as I can remember Halifax issued a default at the time! Are they just trying it on so it doesn't drop off my credit report? I spent the last 5 years doing a degree with the OU and will be going back to work shortly! Halifax account seems to still be live as well!
very confusing please help!

fermi

What is the "default date" on the entry?

Not the last D or 8 in a status update, biut the date on the main part.

fermi

Have you correspondence fro Halifax saying they will put a default on your credit file?

Note: that is a warning about a credit file default, not a default notice under the consumer credit act section 87 which is not the same thing.

Did you enter into and keep up with a payment arrangement on the debt until recently?

B_52_2

Default account stay on your file for 6 years, than automatically clear out !
What's your default date ? Make sure it is the correct date on your credit file if not raise dispute!
Who owns the account Halifax or First credit finance ? sometimes they move debt to different company ...

Write letter to Halifax and ask to remove the file form your account if it is incorrect

Halifax Retail Recovery
PO BOX 487
BRIGHTON
BN1 4GY

james11##

Thanks guys very helpful!

I have looked at clearscore and it's not clear lol

I have ordered the equifax £2 report to see what's going on.

To be clear it's a Halifax current account that was sent to the debt collectors 4 years ago, I am aure at the time they issued a default notice under the consumer credit act. What I have now is a new default from First credit finance, I have never had an account with them or corresponded with them in any way. The amount is exactly the same as the Halifax account! What I want to know is how they can do this and how do I get them to remove it if it's been done illegally?

james11##

The message on the clearscore report is 'Your 1ST CREDIT (FINANCE) LIMITED (I) account went into default'!

fermi

They can add their own default, subject to these conditions.

https://forums.moneysavingexpert.com/discussion/3172602

CRA Defaults - Recording of defaults relating to debts that have been sold.

The practice of selling/buying debts is widely used. As long as the information is correctly recorded on a credit file by the lender selling the debt and the lender buying the debt, then two entries relating to one account would not be considered to be a breach of the Data Protection Act provided that:-

• both recorded entries are shown as being in relation to the same account/debt;
• the original debt entry should be shown on the credit file as being either ‘settled' or ‘zero' balance and should show that the debt has been ‘re-assigned’;
• the new DC who shows the debt in their name should maintain the original default date and the correct balances;
• the retention period for maintaining the information on a credit file should be based on the original default date regardless of who is responsible for the entry/debt.

You need to know the actual initial default date shown, as that is likely to be the main thing that could be inaccurate given the history of the account.

james11##

just to be clear again, I have never had a payment plan or anything with them, never spoken to them or emailed them. It's the same details as the Halifax, the dates on both accounts is the same for when they opened july 2010. Is this an attempt to stop it being statute barred before the 6 years are up?

james11##

O.K So they can issue a default for the same debt, the Halifax is zero balance so that makes sense. However they do not show they are related to the same debt or that it was re assigned, well not on the clearscore one anyway!

james11##

O.K well regardless of anything else the important bit I guess is the original default date. The above does not make sense, they can issue a default as long as it's the same date as the original default?

What's the point in this?

fermi

I would wait to see what the £2 report from Equifax shows.

Clearscore is new and not 100% reliable in the way they present the data as far as I've seen. When thinking of making a complaint, you need to see the raw Equifax data/report, as prospective lenders get it from them not clearscore's prettied up version.