Can a 12 Year Old Credit Card Debt (sold on) Be Put On My Credit File???

MoneyHeadache

I have an old credit card debt that i entered into a voluntary payment plan (among other several unsecured debts at the time).

The bank sold the debt on about 10 years ago. And the new debt owner continued accepting our agreed voluntary payment plan (token payments with my other creditors).

In the past 10 years the debt has been sold on a few times.

However i noticed about 1 year ago the new debt owner had put the debt on my credit file. Ever since i have tried to figure out if that is possible or even Legal for them to do?

During the past 10 years we have never missed a payment with any of the companies that owned This particular debt or with the new company that now owns it.

The debt is for £1300.

Any thoughts on this type of Practice?

[Deleted User]

Of course it's allowed.

They are reporting an account that you owe money on and are presumably making payments towards

MoneyHeadache

Even though the original debt dropped off my credit file and the previous debt owners didnt do that?

Yes payments are made to it monthly.

Willing2Learn

Really, you want to ask the original lender to mark the credit card account as defaulted backdated to when you were 3-6 months in arrears. That would mean the account would be removed from your credit file.

Just out of interest, have you asked the current holder (DCA) of the account whether they hold a valid CCA for the account, as it may have become lost after all these years?...

Edit: And welcome to the forum MoneyHeadache

MoneyHeadache

Thanks Willing2Learn!

I understand what your saying but the the original lenders debt (bank) had already dropped off my credit file. So there is nothing for them to really do. its already what....6 years PAST the credit history or more?

The debt was sold on and subsequently sold on to a hand full of businesses over the years.

The payment plan is done through step change. always has been.

I struggle to believe the current debt owner would have the CCA for the account but i can always ask?

Whats your opinion /point on the CCA?

Willing2Learn

MoneyHeadache wrote: »

Whats your opinion /point on the CCA?

It is that if they cannot provide evidence of a CCA then the debt becomes unenforceable...(Assuming your creditor had never got a CCJ against you at any point)

twhitehousescat

but the the original lenders debt (bank) had already dropped off my credit file. So there is nothing for them to really do. its already what....6 years PAST the credit history or more?

thought it could only be defaulted once , or run from original date , not be restarted after 6 yrs , however making payments might alter this

MoneyHeadache

It is that if they cannot provide evidence of a CCA then the debt becomes unenforceable...(Assuming your creditor had never got a CCJ against you at any point)

No, NONE of my debts from 12 years ago were ever CCJ'ed, including THIS one.

We simply came to a mutual agreement that interest would be stopped and monthly token payments be accepted. No deadline for the debt or anything.

The debts have more than halved since this time frame. And also sold on many times. And fell off my credit file too many years ago.

But THIS ONE particular debt with the new owner has placed it on my credit file 12 months ago.

MoneyHeadache

thought it could only be defaulted once , or run from original date , not be restarted after 6 yrs , however making payments might alter this


Yes payments have always been made (never defaulted on the monthly agreed sum) even with new debt buyers over the years.

twhitehousescat

if this particular one was listed on your credit file many years ago , it should not be relisted when sold on , the original 6 yrs is the max that it can be reported on your file for

MoneyHeadache

if this particular one was listed on your credit file many years ago , it should not be relisted when sold on , the original 6 yrs is the max that it can be reported on your file for


^ THIS is EXACTLY my point and what i'm trying to establish here.