Default paid immediately. Any come back?

Meilevv

Hi all,

I had a natwest graduate account with 200 overdrawn that I had forgot I even had! I went to Ireland as I am moving over there to live with my GF while I was away I received letters stating my acc was od and was going to be sent to collections etc with it finally being sent over in nov last year. I was over in the UK at xmas and obviously went through the paper trail of bills showing things getting worse and then a letter from a collections agency.

I immediately phoned Natwest in the hope that it wasn't too late but alas they told me I could not deal with them any more. I then immediately phoned the collection agency and paid the debt in full thinking that would fix my problems. I've now looked at my credit report and have found I have it defaulted and settled within the same month. As soon as I was aware of the issue I did everything I could to fix it!

Do I have any kind of come back on this due to the fact that it was a)such a small amount and b)settled pretty much as soon as possible.

Thanks for any advice!

StopIt

No.


It is your responsibility to tell creditors of any address changes etc. Ignorance of debt is no excuse.


You defaulted on your account, then paid it. That is reflected correctly in your credit history. It's a harsh lesson, but there is no requirement to remove a default because it was paid quickly. You can always ask the DCA and plead your case but don't expect much.

Meilevv

I believe when I spoke to the DCA they came back with the "we only work on behalf of the original debt holder". Which would be Natwest but as i'm no longer a customer with them I cant see why they would bother with the time and effort!

Also my letter from natwest stating they were passing it to the DCA was in September yet on my credit report it lists the default as Dec?

bamgbost

Who are DCA??

Meilevv

the debt collection agency

Arleen

Meilevv wrote: »

I believe when I spoke to the DCA they came back with the "we only work on behalf of the original debt holder". Which would be Natwest but as i'm no longer a customer with them I cant see why they would bother with the time and effort!

Also my letter from natwest stating they were passing it to the DCA was in September yet on my credit report it lists the default as Dec?

Well, that is something you can rectify, and the default date moved, probably to September or slightly before that. Contact the CRA/NatWest about it. But that is about it.

Candyapple

Before you paid it off was the time you should have tried to negotiate with the DCA about removing the default entry from your credit files because to them they would have had incentive to at least try. Now you have no chance and it will remain on your files for the next 3 years.

However if you are in Ireland now, I shouldn't imagine your UK credit file is going to that bothersome to you - unless of course you intend to move back in the next 6 years.