Default Account Sold to Debt Collector

xlnc99

no it was the original creditor first then after it got sold the original creditor default changed to the debt collector name as the default

[Deleted User]

Yes.
So you need to go to both the original creditor and the DCA

xlnc99

why would both? What would i say to both? Isnt it a case of either or or?

Who would be in charge or removing the default or ammending it. Only one name is on the default and that is the debt collector. The original lenders name and details are no longer on my credit file

What would i say to them? They would just tell me to contact the debt collector wouldnt they and if i speak to the credit agencies they would tell me to speak to the debt collector too

Or is this all incorrect?

[Deleted User]

What does your own research tell you?

Seeing as you’re so quick to constantly brush off advice given to you on here?

xlnc99

my own research tells me its either one or the other not both but i dont know which one

To be fair your not giving advice on the situation. Your telling me to go to both but that doesnt make sense. I take advice on board but what you are telling me just doesnt make any sense, or if it does you are not giving me a reason for it.

[Deleted User]

So go to the debt collector.
How does it then get corrected with the original creditor?
And vice-versa.

Another one to just knock on the head and get on with methinks.

xlnc99

OK, now i am lost.

Anyone else know the answer to this.

Much appreciated

boo_star

xlnc99 wrote: »

OK, now i am lost.

Anyone else know the answer to this.

Much appreciated

It depends on how it's been reported to the CRAs.

If the original account was marked as settled so still shows as a closed account alongside a new entry by the new owner then you'd need to get it amended by both the original creditor and the new owner of the debt.

If the original entry has vanished so only the new owners entry shows on your report you only need to speak to them.

xlnc99

No the default is not paid yet. It is still outstanding and shows as the debt collector with the default.

boo_star

xlnc99 wrote: »

No the default is not paid yet. It is still outstanding and shows as the debt collector with the default.

So speak to them about it.