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Repaying debts with Lowell Financial
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Mart34
Posts: 160 Forumite

Hi guys
I have a few debts, all being managed by Lowell financial, and I have been in agreement with them for a while. (lots of small debts) baring in mind a payment plan is in place on all the debts they are still reporting my debts as Default, is it correct or should I get in touch with them to ask why they are still reporting them as default and not as satisfactory for example.
Thanks
I have a few debts, all being managed by Lowell financial, and I have been in agreement with them for a while. (lots of small debts) baring in mind a payment plan is in place on all the debts they are still reporting my debts as Default, is it correct or should I get in touch with them to ask why they are still reporting them as default and not as satisfactory for example.
Thanks
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Comments
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It's because you're still defaulting on the original agreement.
It's all correct and nothing you need to do anything about.0 -
Thanks, thought it was, just wanted to check. Currently in the process of getting debt free0
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I’ve got a couple of old debts with this bunch that are off my credit file. I pay £1 a month and will no for the foreseeable future.0
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I will lie about my disposable income and never pay more.0
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They can ask for payslips and bank statements0
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Don’t have them0
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🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
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My Mrs says I always come up smelling of roses. Once they fall off my file in a couple of years I couldn’t care less. Until then it’s £1 a month each.0
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