Closed accounts on CRA

sierratango

Evening all

Can you help please? Back in 2010 I got in to trouble with a couple of Natwest accounts following the closure of my business and missed at least 6 payments with them which impacted my credit score. Back in 2011 I went to court and received a CCJ and agreed to pay back so much a month. From 2011 to 2017 I never missed a single payment and the last payment was made in 2017.

On my credit file, it shows I missed 6 payments even though I never missed a single payment for the last 6years but I'm told I missed contractual and not agreed payments so this is why is still shows 6 - make sense?

I've been told that as I made final payment in 2017 it will stay on my record for another 6 years which means this will be impacting my credit score until 2023 and would have lasted 12 years - surely this isn't fair as if they'd registered a default say on 2012 it would be clear from my record - how do i resolve this and get it off my record?

Thanks for help but I'm trying to get a mortgage and this is preventing me!

[Deleted User]

It's correct that anything less than contractual payments show as missed or late.

The accounts will drop off your files 6 years from when they defaulted. If they didn't default - although that's surprising if they have a CCJ - ask them to mark it with a default of the appropriate time.

Don't worry about your credit score as that's not anything that's real or that matters. Just focus on the data being right.

sierratango

Hi there. Used to love my ZX81 �� think I've found some paperwork which is a default notice from 2011. The account history on Noddle only goes back to 2013 (6 years maybe) and doesn't show a default but does show the 6 missed payments. I'm guessing mortgage companies can see this which is having a negative impact on applicaions which is why I think it should be removed. If it did default in 2011 but I fonjsed payments in 2017, have I got grounds to get it removed from my credit file - make sense? What's frustrating is I didn't miss a payment for 6 years but being penalised for payments missed 8 - 9 years ago ��

[Deleted User]

If it defaulted in 2011 it shouldn't now appear.

Either way, you have strong grounds to have it removed, if the default should have been over 6 years ago.

sierratango

So just to be clear as I struggle with this stuff, even though it shows on my file as a closed account with missed payments, if it defaulted over 6 years ago I can apply for the whole closed account to be removed? If so, how do I get it removed and if it is removed, should my credit chances improve? Thanks again.

[Deleted User]

Start with the CRAs and find out the precise status of whether a default has been registered.

If it hasn't either contact NatWest or escalate a complaint with the CRAs - or both.

sierratango

Thank you.

Verityspinelli

sierratango wrote: »

So just to be clear as I struggle with this stuff, even though it shows on my file as a closed account with missed payments, if it defaulted over 6 years ago I can apply for the whole closed account to be removed? If so, how do I get it removed and if it is removed, should my credit chances improve? Thanks again.

I’m sure you’re credit report will look a whole lot healthier :T