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Bank loan disappeared from credit score
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Hey peeps....new here and first post YAY ME!!!
Basically years ago i had alot of debt, got into a IVA and paid into that for 3 years until they decided to double the price of my monthly payments. I refused to pay and soon after my IVA defaulted. Most of my debtera got in touch and was either able to pay them off or set up a payment plan that was affordable. Now hears the catch...i never heard from Lloyds TSB and i owed them alot. Ive recently started using a free credit report app and noticed that my Lloyds accounts were set to closed/settled and a few months later 3 of the accounts are gone completely but one remains.
My question is....am i finally free from their clutches seeing as they were closed and now gone?
Thanks in advance
Phil
Basically years ago i had alot of debt, got into a IVA and paid into that for 3 years until they decided to double the price of my monthly payments. I refused to pay and soon after my IVA defaulted. Most of my debtera got in touch and was either able to pay them off or set up a payment plan that was affordable. Now hears the catch...i never heard from Lloyds TSB and i owed them alot. Ive recently started using a free credit report app and noticed that my Lloyds accounts were set to closed/settled and a few months later 3 of the accounts are gone completely but one remains.
My question is....am i finally free from their clutches seeing as they were closed and now gone?
Thanks in advance
Phil
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Comments
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Not necessarily.
When did you last acknowledge the debt? When did it default? Have you checked all 3 CRAs?0 -
Which agency did you check with? It could be on one but not the other0
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The debt may have been sold on.0
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It disappeared from your credit report not your score.0
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Ahh ok....well it only showed recently and the last i heard from them was 2 years ago but as i said it shows as closed/settled0
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