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Defaulted accounts
motivated
Posts: 3,044 Forumite
HI all
Just after a bit of advice please.
Long story short: I have 4 defaults on my credit file after entering into a DMP so fully expected.
2 of these are credit cards
2 are personal loans originally Halifax. These loan accounts were managed by Wescott initially, then sold to Intrim finance, now sold to Link. My concern is that all three are showing on my credit file showing as open and it looks like I actually owe millions of pounds lol.
All defaults will be at 6 years this October coming so I am assuming they will drop off. (not that i'm looking for credit ever again)
My question is will the companies that do not own these accounts be removed from my file also?
Thanks in advance
Just after a bit of advice please.
Long story short: I have 4 defaults on my credit file after entering into a DMP so fully expected.
2 of these are credit cards
2 are personal loans originally Halifax. These loan accounts were managed by Wescott initially, then sold to Intrim finance, now sold to Link. My concern is that all three are showing on my credit file showing as open and it looks like I actually owe millions of pounds lol.
All defaults will be at 6 years this October coming so I am assuming they will drop off. (not that i'm looking for credit ever again)
My question is will the companies that do not own these accounts be removed from my file also?
Thanks in advance
Emptying my lake with a teaspoon
0
Comments
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Answered on your other thread.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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