Is my credit file ever going to be clean?

DogPoop

Hello,

I have two defaults on my credit report. Do they ever expire? I keep paying £1.00 to my creditors every month but since my credit score is bad and defaults are shown to lenders I have no hope to get work or start a business. My debts are credit cards debts. I have a debt management company (a charity) who simply helped me to set up a payment plan and asked the creditors to accept £1.00 payment per month since I could not pay the minimum the credit card companies required.

I checked Noddle and these are my two defaults. Amex and Barclaycard. Then the year: 2013.
And the following message: payment was up to six months late.

I checked TotallyMoney and I found the same two defaults: Amex and Barclaycard. Amex has the following message: 1st March 2013. Barclaycard: 2nd April 2013.

Amex has been contacted by the debt management charity and asked to accept a payment plan. One pound has been offered. They have never accepted anything and they have not even bothered to answer any letters. I have kept paying to any debt collector who claims to be acting on behalf of Amex. Now there are more than one and the situation is complex. It is difficult to know who is who and who is actually acting on behalf of Amex. It could be that none of them is acting on behalf of Amex and I have just paid to the wrong companies.

My first question is: Is my credit file ever going to be clean without the defaults showing up? The second question: How on earth do I know which debt collector is acting on behalf of the original lender? Or when I my debt has been sold on? I write to everyone who is asking money from me but they seldom provide me any proof of their own authorization to collect the debt. I don't even get a response to my SAR requests.

Willing2Learn

Hi DogPoop and welcome to the forum

The defaults are removed from your credit file six years from the date of default. So if I understand your post correctly, your defaults are dated March and April 2013, which means they will drop off your credit file in March and April 2019

fatbelly

DogPoop wrote: »

The second question: How on earth do I know which debt collector is acting on behalf of the original lender? Or when I my debt has been sold on? I write to everyone who is asking money from me but they seldom provide me any proof of their own authorization to collect the debt. I don't even get a response to my SAR requests.

And the second question - stop paying and see who writes.

Collate the information and get debt advice again. No-one should be making token payments indefinitely

System

If you want your credit file to be clean it is quite simple, just pay all your bills in full for the next 6 years.

snowycatgirl

Tarambor wrote: »

If you want your credit file to be clean it is quite simple, just pay all your bills in full for the next 6 years.

How unhelpful is that post.

robber2

snowycatgirl wrote: »

How unhelpful is that post.

Well to be fair it is a succinct and accurate response to the original post.



Regards


Rob

[Deleted User]

snowycatgirl wrote: »

How unhelpful is that post.

It's not - it's entirely accurate to the question asked in the OP's title

MEM62

!!! wrote: »

It's not - it's entirely accurate to the question asked in the OP's title

+1 On that.

A short response it may be but not everyone is disposed to sugar-coat the facts.

DogPoop

Is it correct to assume that in April when someone is looking at my credit file when I have applied for a job, I have a better chance to get an interview working for instance in a banking or any other financial sector?

[Deleted User]

No. Most jobs won't be concerned about defaults. And almost none will check before interview.