DCA applied default to credit file not original lender

S017

I had an overdraft with a bank that sold the debt to collection agency. Prior to debt agency there was no default showing on any of my credit files. I don't believe the bank ever registered a default. How can i dispute this with DCA as surely they cant create a default themselves. The default date is showing as the date bank closed account.

[Deleted User]

As long as it's within 6 months of when you defaulted, that's fine.

If it's later, as them to backdate it to an appropriate date.

S017

My issue is the bank closed my account without a default. Can the DCA essentially create a default.

welly_59

Yes they can

John_G_Jones

S017 wrote: »

My issue is the bank closed my account without a default. Can the DCA essentially create a default.

As you’ve seen, yes they can.

Are you able to settle it? Settled looks better than not.

sourcrates

Debts must usually be defaulted before sale to a 3rd party, if they are not defaulted, the new owner can charge you interest at the rate the original creditor did.

Once defaulted, the balance is frozen with no further charges.

I’d take the default any day.