Credit file when accounts are sold on

realgonekid_2

Hi
When a company sells the debt to another company (legally assigned) should the balance on the account be zero'd on the credit file.
I noticed on mine it was Zero'd down when it was sold (after defaulted etc)

But two others have not been and the balance is still showing

Which is correct?

[Deleted User]

If the account is marked as settled or satisfied then it's correct and matters not

realgonekid_2

Gary if this is not the case then should it be challenged ,?

Willing2Learn

Do you still owe money on the two accounts that don't show zero? And are you saying they are not marked as 'settled' or 'satisfied'?

[Deleted User]

realgonekid wrote: »

Gary if this is not the case then should it be challenged ,?

What are the accounts status marked as?

realgonekid_2

it shows this:

********* PLC with a balance of £144.00
Account:
Type:
Account started:
Current Status:
********** PLC
Mail Order
19/04/2016
Default / Ended
Credit Limit:
Balance:
Entry code:
Account Settled:
-
£144.00 credit in use
C1
25/10/2016

[Deleted User]

That's from the MSE Credit Club correct?

Default / Ended is the correct status.

What do the other CRA's report it as?