DMP mutual support thread part 13 !!

Puzzcat

wanttobethrifty wrote: »

well, after everyone defaulting me, except creation, and me complaining to FOS, they have sided with creation. is there anyway i can force creation into defaulting me? DMP started in june last year through stepchange.

sourcrates wrote: »

Only avenue left open to you now is to stop paying them, although they could continue to be stubbon and sell the debt on undefaulted, chances are they will, eventually, default you, but there are no guarentees in life, the consumer credit sourse book only issues guidelines for this sort of thing, there is no rule that says they have to default you.

Sorry to say but they are the one creditor who refused to default me, I went through all official channels but lost, even when sold on still no default, complained again and fos still agreed it didn't have to be defaulted.
Hope you get a better verdict!
Puzz

zenshi

Two of my creditors have fell off my credit report this month...can’t believe I’ve been debt busting for six years already!

Question if I may....one of the above is still with OC, if they sell it on the new owners can’t then get it back on my file can they? It has defaulted 6 years ago, that’s why it fell off

sourcrates

zenshi wrote: »

Two of my creditors have fell off my credit report this month...can’t believe I’ve been debt busting for six years already!

Question if I may....one of the above is still with OC, if they sell it on the new owners can’t then get it back on my file can they? It has defaulted 6 years ago, that’s why it fell off

Once gone, it’s gone forever.

Billy12345

sourcrates wrote: »

Once gone, it’s gone forever.

Thanks Sourcrates I was wondering the same thing but then convincing myself that it can't happen as no-one with a DMP would ever have these removed but then if the amount is outstanding should the default stay. Glad that's clarified things in my mind :beer:

Suseka97

Billy12345 wrote: »

Thanks Sourcrates I was wondering the same thing but then convincing myself that it can't happen as no-one with a DMP would ever have these removed but then if the amount is outstanding should the default stay. Glad that's clarified things in my mind :beer:

Just to add to sourcrates advice - its worth keeping an eye on it from time to time, especially if sold on. Whilst its correct to say that an account can only be defaulted once- that wouldn't stop an unscrupulous DCA trying it on. I know, I know - yea of little faith

I'm expecting a good number of mine to drop off the files this year, its a great feeling isn't it

Willing2Learn

Suseka97 wrote: »

I'm expecting a good number of mine to drop off the files this year, its a great feeling isn't it

Oh, it is a marvellous feeling when your credit file finally starts to get cleaned up

Suseka97

Willing2Learn wrote: »

Oh, it is a marvellous feeling when your credit file finally starts to get cleaned up

Yes indeed... that and the feeling of finally being debt free. Its taken far more years than it should have, but I've learned a lot during my DMP years and I'm never, EVER, going back there.

make_the_change

sourcrates wrote: »

Only avenue left open to you now is to stop paying them, although they could continue to be stubbon and sell the debt on undefaulted, chances are they will, eventually, default you, but there are no guarentees in life, the consumer credit sourse book only issues guidelines for this sort of thing, there is no rule that says they have to default you.

I have a similar question. I had a loan with Quick Quid and after a couple of months of complaints regarding unfair charges, I had my balance reduced considerably. I then informed them that the account still had not been defaulted. They told me that due to the reduction of the balance, they refused to default the account. I complained again and then out the blue, they agreed that as long as I had a payment plan set up, they would agree to close the account so it shows as closed on the credit file. So do i still need to pay the balance if the accounts has been closed?

Suseka97

make_the_change wrote: »

I have a similar question. I had a loan with Quick Quid and after a couple of months of complaints regarding unfair charges, I had my balance reduced considerably. I then informed them that the account still had not been defaulted. They told me that due to the reduction of the balance, they refused to default the account. I complained again and then out the blue, they agreed that as long as I had a payment plan set up, they would agree to close the account so it shows as closed on the credit file. So do i still need to pay the balance if the accounts has been closed?

I'm not entirely sure here - but you say they said that as long as you had a payment plan set up they would agree to close the account. So I take that to mean just that, your account will be closed (meaning you'll have no more access to credit from them) but as they have already reduced the balance they expect you to pay the remainder of what's owed.

Willing2Learn

Hi make_the_change,

I just wanted to add to Suseka97's post. If QQ are saying that they are only closing the account but not defaulting the account, then you too would have the option of withholding payment to force the default...