Dept marked as settled, resetting barred period

Adam2222

I went to check my credit report today after many years, I knew i had a dispute over an airmarked payment that was incorrect with lloyds tsb (now back to lloyds bank) The payment caused my bank to be 100 pounds overdrawn that was then returned to the retailer and charges occured in the mean time, i disputed everything as this was no fault of my own but got knowehere, so out of principle i refused to pay the 200 pounds they said i owed.

Now i am very annoyed to find that the default from June 2010 that should have fallen off the credit rile june 2016 is infact STILL on my file becuase Lloyds decided to mark the defualt as Settled in June 2015 therefor resetting the 6 years from the settled date.

I never settled the debt and i am very annoyed about this as looking to get a mortgage and thats the only bad mark on my file

[Deleted User]

Settlement doesn't reset the 6 years.

Raise a dispute with the CRAs.

Adam2222

The debt doesnt show a default date it does show contiuously as 6 payments late all the back from June 2010 until it changed to settled in 2015. I wonder if they just never marked it down as defaulted and left it as 6 payments late so it never dropped off

[Deleted User]

If there was never a default, then there was never a 6 year period in force, let alone one that could be reset. At least the settlement has now started that.

If you believe it should have been defaulted, raise that with them.