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Off Credit File.......but can it return?
Bugalugs
Posts: 119 Forumite
Back in 2004 I had a loan from Welcome Financial Services - it no longer on my Credit File, but still has approx £2.5k o/s. I have just received a letter from a company called PRA Group stating that they have 'purchased' the o/s balance, with a view to possible litigation.
I know that someone will know the answer - can this return to my credit file as a 'new' debt under PRA Group? Needless to say, unfortunately I don't have the money to clear the debt.
I know that someone will know the answer - can this return to my credit file as a 'new' debt under PRA Group? Needless to say, unfortunately I don't have the money to clear the debt.
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Comments
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The name may change, but any default should stay as it is.0
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Deleted_User wrote: »The name may change, but any default should stay as it is.
So it can't 'reappear' on my file as a new debt?0 -
One question... How long ago did you last make a payment??2.88 kWp System, SE Facing, 30 Degree Pitch, 12 x 240W Conergy Panels, Samil Solar River Inverter, Havant, Hampshire. Installed July 2012, acquired by me on purchase of house in August 20170
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Via Payplan - last month0
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OK so not statute barred then. If the default is over 6 years old, it should drop from the credit file for good. However with it not being statute barred, you should keep paying as the creditor can obtain a CCJ.2.88 kWp System, SE Facing, 30 Degree Pitch, 12 x 240W Conergy Panels, Samil Solar River Inverter, Havant, Hampshire. Installed July 2012, acquired by me on purchase of house in August 20170
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