Best approach to take - advice please

GingerBob_3

National_Debtline wrote: »

Hi

Just to make sure this is clear, a debt collection agency can add a default to your credit file when they buy a debt from the original creditor to show the change of ownership. The date of the default should be the same as the original default date though.

The defaulted account should come off your credit file 6 years after the original default date.

James
@natdebtline

This is correct. It represents yet another malpractice, or abuse, present in the credit reporting system. It opens up the credit files to a vast range of scum organisations. If, or when, the likes of Experian are called to account for their wrongdoings, this will be one practice to be banned. It serves no useful purpose and encourages the back street lending approach of selling a debt.

MrsTinks

National_Debtline wrote: »

Hi

Just to make sure this is clear, a debt collection agency can add a default to your credit file when they buy a debt from the original creditor to show the change of ownership. The date of the default should be the same as the original default date though.

The defaulted account should come off your credit file 6 years after the original default date.

James
@natdebtline

I thought they had to alter the original default - James is probably right here though Either way - the default date should be reset to when you defaulted and will drop off after 6 years still

National_Debtline

MrsTinks wrote: »

I thought they had to alter the original default - James is probably right here though Either way - the default date should be reset to when you defaulted and will drop off after 6 years still

We contacted Experian about this and they confirmed that a second entry can be recorded by a DCA as it shows the debt has been sold on.

James
@natdebtline

dumpyboy

If a default was registered in 2012 , regardless if it s with the original or been sold on to a debt collector the date of default must be from 2012 the month it was first registered , I had one told me as I was still paying it had to be shown after the six years, and one just before the six years change the date by 18 months , both of these as soon as I went to the I c o backed down and took the account s of