Completed DMP

BillyBrown76

ACG said:

BillyBrown76 said:

ACG said:

I dont use Santander often but having just checked an application form they ask:

 Have you ever had a property repossessed, or had a court order for debt registered against you, or not kept to any credit agreements?

Have just noticed that the last default account showing on my files which the default was 6 years ago is for PRA (originally MBNA) 

I’m guessing having PRA on my file is an automatic red flag to lenders 

Not necessarily. PRA buy up a lot of bad debts, along with lowell we see them both quite often. 
Lowell/PRA is not an indication of a DMP, just that a defaulted account has been bought. 

Is the date on the default correct? If not, speak to the credit agencies and see if you can get it back dated to the actual default date. Anything you can do to get it to drop off will help. However, if you still have defaults on your credit report, you might find that prevents you from getting normal rates. 

Thanks for all your info,

Think we have found your broker details / company so will be contacting you regarding our position & options we have in the near future. Would be great  to get a feel of our position regarding lenders ( non DMP i would guess) & also LTV / Deposit & have you do this for us. 

rchta455

Thoroughly recommended. 

BillyBrown76

rchta455 said:

Thoroughly recommended. 

From what I’ve seen on here throughly deserved.

Also if I have found the correct website for the company, it has an amazing amount of information & also a great section on ‘successes’ these blogs really delve down into the situation giving readers an appreciation of what is possible as you can relate it broadly speaking to your situation.

ACG

rchta455 said:

Thoroughly recommended. 

Thanks for the kind words. Good to know we are helping.