'Account Settled' - is that the same thing as Default Date?

National_Debtline

Hi again mattk1uk


You can contact the credit reference agency to ask them to explain what the information on your credit file means. If you do post anything on the forum, make sure there is no personal information showing that will identify you.


You are correct that if they agree to register a default in 2013, the debt will drop in 2019. A default is not as favourable as a debt being shown as settled, but you'll have to weigh up whether you would prefer a default for a shorter period, or a settled account that will stay on longer.


If you have any problems getting accurate information recorded on your credit file you can make a complaint to the Information Commissioner's Office (ICO) www.ico.org.uk.


Susie
@natdebtline

mattk1uk

Hi Susie, once again thank you for your so helpful reply, I am very very grateful

I will contact the credit reference agency of each report and ask them to explain just as you suggested.

I am swaying more to trying to have the proper default date recorded for this account but my concern is that I may have to contact Cabot directly or even Tesco and I don't have any details of this account whatsoever anymore

I have taken a screenshot of the Cabot entry for Experian, Equifax and Callcredit (with personal information blanked out) but don't think it will help clear anything up



I know for certain that the default date will be around April 2013 but how to prove it.

Thanks again Susie