Setting up DMP

chullbulla

Understand and thank you for your detailed response.
I thought the prove it letter is only applicable if don't recognise the debt or it is very old.
I never thought I can send this letter even if I am aware the debt exists.

chullbulla

Hi,
Are two defaults better then four defaults or it doesn't matter for credit file as long as one account defaulted?
Also how defaults and damaged credit file can impact someone life ?other then no access to credit any more, for mortgage can get fixed deal from same lender so that's not a issue.

fatbelly

Two defaults may be a little better than 4 but I can't think that it would make much difference

Poor credit may affect immigration issues and ability to get rented accomodation. Job applications may require a credit search

chullbulla

fatbelly said:

Two defaults may be a little better than 4 but I can't think that it would make much difference

Poor credit may affect immigration issues and ability to get rented accomodation. Job applications may require a credit search

Immigration issue means if we want to visit other country? 
Also we are in our mortgage house so that should be ok?

fatbelly

Of you are not UK national and are looking for settled status they may do a credit check. It won't affect normal travel abroad

chullbulla

One of my CC and unsecured loan now showing Delinquent status, which I am not aware of or never heard of before?

fatbelly

I think that's a n American phrase that some of the free services use instead of defaulted

chullbulla

fatbelly said:

I think that's a n American phrase that some of the free services use instead of defaulted

Its creditkarma which showing one default and two delinquent, not sure why not all same.

fatbelly

Then I'm sorry I don't know

sourcrates

In my experience, some CRA mark your file as "Delinquent" in the period between missed payments starting, and them defaulting you, so a prelude to default would be the answer.