Default Removal Question

New_Dawn

Hi,

Hoping someone can help here as I'm quite confused!

I have a default on my account from being a silly boy. On my credit report it says 'open 1st Feb 2014' and also 'updated '21st Jan 2015'

Should this have been removed on the 1st of Feb due to it being 6 years old or will it be the updated date? If it should have been removed, what can I do about this?

Thanks in advance

[Deleted User]

It's 6 years from the default date, not the account opening date.

CJPG20

Hi, I'm wondering if anyone can help. This is the first time i have done anything like this, so i hope it makes sense! 

My partner missed multiple payment in 2013 on a payday loan which was taken out earlier that year. From reviewing his credit accounts, the account was never defaulted and the missed payment status ran on the account until the account was settled and closed in 2017 (My partner was under the impression at the time that the lender went bust and stopped paying until a debt collection company contacted him years later, which is when the account was settled). It appears markers on his credit account go from 'unknown' for many months to '-6' markers, so we have been unsure for a while why/if the account was defaulted but it appears now is was not.

The issue we have is that no default was added, and if it was between month 3-6 of missed payments as expected, the 6 years would have no passed and this would not be showing on his credit file. As this was not the case, the account will remain until 2023 as this is 6 years after the account was settled. 

Is adding a default onto the account at this stage something we should be contacting the lender regarding? Is it possible as it was never added originally? We are wanting to apply for a mortgage. Any help or advice would be greatly appreciated!