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DMP mutual support thread part 13 !!
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debtfreegirluk said:Hello all.If you have defaulted and are paying off your debt via a self managed DMP, am I right in thinking after 6 years the defaults drop off your credit score and that would then increase?Not looking to add to debt or anything just curious as to what happens?
When your defaults drop off your file, if you were looking at things like car finance or remortgaging/new mortgage - that's when your credit history comes into play. So with no defaults you are in a better position than if you had defaults.1 -
So now after receiving the notice of termination from Argos I have now had a letter to say the debt is with Moorcroft and to contact them with any further questions and to arrange payment.... is this now confirmation the debt is defaulted and I can email them and offer my income and expenditure? Sorry for being a pain with all the questions recently! Feel pleased things are moving but also worried as don’t won’t to do anything wrong at this point! TIACurrent Debt- Jan 2021 - £275000
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sunshinevicky said:So now after receiving the notice of termination from Argos I have now had a letter to say the debt is with Moorcroft and to contact them with any further questions and to arrange payment.... is this now confirmation the debt is defaulted and I can email them and offer my income and expenditure? Sorry for being a pain with all the questions recently! Feel pleased things are moving but also worried as don’t won’t to do anything wrong at this point! TIA1
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sunshinevicky as suseka says the best thing is to wait until you see it for yourself on your credit files. Then screenshot it as evidence and keep it saved somewhere. I had 2 debts sold on and thought they must have defaulted as I’d received a default notice prior to that. They hadn’t and I’m glad I waited to see the credit file entry as you can always challenge it then as you have proof of the default.1
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DebtHurricane said:sunshinevicky as suseka says the best thing is to wait until you see it for yourself on your credit files. Then screenshot it as evidence and keep it saved somewhere. I had 2 debts sold on and thought they must have defaulted as I’d received a default notice prior to that. They hadn’t and I’m glad I waited to see the credit file entry as you can always challenge it then as you have proof of the default.Current Debt- Jan 2021 - £275000
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sunshinevicky said:So now after receiving the notice of termination from Argos I have now had a letter to say the debt is with Moorcroft and to contact them with any further questions and to arrange payment.... is this now confirmation the debt is defaulted and I can email them and offer my income and expenditure? Sorry for being a pain with all the questions recently! Feel pleased things are moving but also worried as don’t won’t to do anything wrong at this point! TIANo, Moorcroft just collect debts on behalf of their clients, it won`t have defaulted as yet, sometimes they drag things out unfortunatly.They might never default you.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
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Hello I’ve now got one response to my CCA request, which is nothing but print outs of credit card statements. I’m guessing there should be more to it? The debt co says that the client will send the agreement and statements so if they’ve just sent the statements then that means they don’t have the agreement, which is good news for me. Would I go back to the debt co and say that they haven’t supplied the agreement so I assume it’s unenforceable or is that moving too fast? Thanks0
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sunshinevicky said:DebtHurricane said:sunshinevicky as suseka says the best thing is to wait until you see it for yourself on your credit files. Then screenshot it as evidence and keep it saved somewhere. I had 2 debts sold on and thought they must have defaulted as I’d received a default notice prior to that. They hadn’t and I’m glad I waited to see the credit file entry as you can always challenge it then as you have proof of the default.
. No-one is going to rock up to your door - and even if they did, all you would do is tell them to bog off (or more politely to please go away) and shut the door. Noting soucrates comment about Moorcroft, it looks like you are going to have to hold your nerve a while longer and keep pushing for that default. If you start paying now you may never get one.
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So on my crediwise report the account says default balance and gives the amount whereas in others it doesn’t say this.... do you think this is a default??? Is there a better site I should use to check my report? TIACurrent Debt- Jan 2021 - £275000
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sunshinevicky said:So on my crediwise report the account says default balance and gives the amount whereas in others it doesn’t say this.... do you think this is a default??? Is there a better site I should use to check my report? TIAMoorcroft don`t knock on doors, ever, their staff comprises mainly of teenagers who answer phones all day.The entry on your credit file, if defaulted, will say "DATE OF DEFAULT" and give a date, if that`s not there, then its not defaulted.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
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