Sort of debt-free but hope to be a super-scrimper in 2019

[Deleted User]

Retired_lady wrote: »

Congratulations from me too :T. You’re nearly there :j

Thank you:)

So near and yet so far though:(. I bet this last creditor will be a very tough nut to crack. Still, 2 can play the stubbornness game;)

enthusiasticsaver

Congratulations on playing the waiting game and getting such a good discount for the F and F. Hopefully the last one will be as obliging so they can all be got rid of.

HairyHandofDartmoor

Our last creditor was a tough nut to crack if you remember Carboot but we got there in the end. I hope the letter to confirm the offer comes soon. I was running to the front door every day waiting for our letters to come because I was so keen to pay them and be debt free :rotfl:.

Well done on the ebay sales, ten out of ten is fantastic :T. I don't blame you for not wanting to go out in the cold and scrape ice off cars :eek:.

beanielou

Great news also on the ebay sale & that OH will posy it :j :j

jwil

Congrats on the F&F and the ebay sale :T :T

elizabethhull

beanielou wrote: »

Great news also on the ebay sale & that OH will posy it :j :j

Would you believe I spent some time wondering if this was some new slang that had passed me by - duh !!

[Deleted User]

elizabethhull wrote: »

Would you believe I spent some time wondering if this was some new slang that had past me by - duh !!

:rotfl::rotfl:

[Deleted User]

Well, it's been a very frustrating morning of the head against a brick wall kind:mad:

One of my debts was an Asda credit card which at the time was administered by Santander. It was then assigned to a company called New Day and all payments were made to them during all but the first year of my Stepchange DMP. The balance on this account was very small and I paid it off in full without trying for a F&F in 2017. The balance was so small I didn't think they'd entertain a F&F especially as at that time I hadn't dropped down to token £1 a month payments anyway.


I received Notice Of Default letters every month from Santander when they had the debt and I always assumed it had been defaulted like all my other debts were during 2103. I know in general that defaults are a bad thing but for people deep in debt and on an arranged DMP they are good because the creditor freezes all future interest on the account and after 6 years from the default date all trace of these debts will disappear from people's credit files regardless of whether there is still a balance outstanding:j. Just because they disappear from sight doesn't mean the debts have been wiped out, just that no one searching a person's credit file will be aware they ever existed.


I was so looking forward to a clean credit file again and by Autumn of this year all of my accounts should have 'dropped off' my file:j. I should be debt-free anyway by then once my unco-operative final creditor steps up to the plate. Not that I want to obtain more credit, heaven forbid I've learned my lesson in the hardest possible way:o, but after all the hardship to become debt free I'd like a brilliant credit rating just for my own satisfaction.


Anyway, so much for my assuming that the Asda/Santander/New Day account had been defaulted like the others. This account appears in the 'Closed Accounts' bit of my credit file and I never look at it:o. Even the ones I've settled this past couple of months by F&F haven't reported to the CRAs and been transferred to the 'Closed' section yet, even though I've had written confirmation that they definitely are closed. They're all still showing in the 'Open Accounts' section on Noddle, Clearscore etc.



I've now seen that this particular account never was defaulted and despite being settled in full in 2017 it will still show its red markers on my file until 2023:mad:. The frustration part was because I've tried in vain to contact someone who could help at New Day and Santander but neither of them could find any trace of the account on their systems:mad:. It was only closed in 2017!. I could supply all my personal details and account numbers and they both went to endless trouble to try to locate my account. At Santander I was kept 'on hold' for 13 minutes whilst she tried in vain to unearth my details:eek:. Lloyds were much later to default than most of my other creditors but agreed to backdate it once we'd discussed my grievance over the phone and even awarded me £100 as an apology and refunded the interest they'd charged in the interim:j. I expected Santander would also be willing to backdate even if they didn't award any compensation but I've run out of ideas how to find a way to do it.


My first debt (the Lloyds one) should drop off my file any day now:j although it could be a couple of months more before they report it to the CRAs and it disappears from sight altogether.


So, back to have another think about the Asda card. Incidentally, before I started on the Santander/New day treadmill I phoned Asda but they just referred me to New Day who in turn referred me to Santander. Off for a cuppa now before I explode:eek:


If anyone has any advice about what my next step should be I'd be very grateful to hear it:T. Please, someone, preserve my sanity:rotfl:

beanielou

elizabethhull wrote: »

Would you believe I spent some time wondering if this was some new slang that had passed me by - duh !!

Apologies:o
My dire typing:rotfl:

beanielou

carbootcrazy wrote: »

Well, it's been a very frustrating morning of the head against a brick wall kind:mad:

One of my debts was an Asda credit card which at the time was administered by Santander. It was then assigned to a company called New Day and all payments were made to them during all but the first year of my Stepchange DMP. The balance on this account was very small and I paid it off in full without trying for a F&F in 2017. The balance was so small I didn't think they'd entertain a F&F especially as at that time I hadn't dropped down to token £1 a month payments anyway.


I received Notice Of Default letters every month from Santander when they had the debt and I always assumed it had been defaulted like all my other debts were during 2103. I know in general that defaults are a bad thing but for people deep in debt and on an arranged DMP they are good because the creditor freezes all future interest on the account and after 6 years from the default date all trace of these debts will disappear from people's credit files regardless of whether there is still a balance outstanding:j. Just because they disappear from sight doesn't mean the debts have been wiped out, just that no one searching a person's credit file will be aware they ever existed.


I was so looking forward to a clean credit file again and by Autumn of this year all of my accounts should have 'dropped off' my file:j. I should be debt-free anyway by then once my unco-operative final creditor steps up to the plate. Not that I want to obtain more credit, heaven forbid I've learned my lesson in the hardest possible way:o, but after all the hardship to become debt free I'd like a brilliant credit rating just for my own satisfaction.


Anyway, so much for my assuming that the Asda/Santander/New Day account had been defaulted like the others. This account appears in the 'Closed Accounts' bit of my credit file and I never look at it:o. Even the ones I've settled this past couple of months by F&F haven't reported to the CRAs and been transferred to the 'Closed' section yet, even though I've had written confirmation that they definitely are closed. They're all still showing in the 'Open Accounts' section on Noddle, Clearscore etc.



I've now seen that this particular account never was defaulted and despite being settled in full in 2017 it will still show its red markers on my file until 2023:mad:. The frustration part was because I've tried in vain to contact someone who could help at New Day and Santander but neither of them could find any trace of the account on their systems:mad:. It was only closed in 2017!. I could supply all my personal details and account numbers and they both went to endless trouble to try to locate my account. At Santander I was kept 'on hold' for 13 minutes whilst she tried in vain to unearth my details:eek:. Lloyds were much later to default than most of my other creditors but agreed to backdate it once we'd discussed my grievance over the phone and even awarded me £100 as an apology and refunded the interest they'd charged in the interim:j. I expected Santander would also be willing to backdate even if they didn't award any compensation but I've run out of ideas how to find a way to do it.


My first debt (the Lloyds one) should drop off my file any day now:j although it could be a couple of months more before they report it to the CRAs and it disappears from sight altogether.


So, back to have another think about the Asda card. Incidentally, before I started on the Santander/New day treadmill I phoned Asda but they just referred me to New Day who in turn referred me to Santander. Off for a cuppa now before I explode:eek:


If anyone has any advice about what my next step should be I'd be very grateful to hear it:T. Please, someone, preserve my sanity:rotfl:

Sorry, that sounds so frustrating.
No helpful suggestions I am afraid.:(