Can I be shown as late payments after a default
in Credit File & Ratings
7 replies 91 views
So I am asking a question on behalf of my wife who has a really poor credit rating all due to debts over 6 years ago however some she is still paying off. The loans she is paying off she defaulted on almost 6 years ago but has been paying off via a DMP. So the defaults are due to drop off of the original debt but these have now been taken over by debt collectors and even though she is continuing to pay into the DMP as agreed with original loan and now debt collection agency they are showing late payments on her credit file each month because she isn’t paying the original minimum payments as defined by the original loan. Are they allowed to do this? As it seems to anyone looking at her credit account that these are two separate accounts but it is one account just taken over by another.
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