Creation & Loan - Credit File Query

jackjones01

I had a loan with creation where sadly I couldn’t keep up with the payments. The Lowell account shows a default date but the creation one don’t on my credit file is this right? 

Nasqueron

If a debt firm have bought the debt, the original loan should be marked as closed/settled and a new default should be issued but back dated to the original default date but issued by the new firm. If those two are correct then yes they are correct.

jackjones01

Nasqueron said:

If a debt firm have bought the debt, the original loan should be marked as closed/settled and a new default should be issued but back dated to the original default date but issued by the new firm. If those two are correct then yes they are correct.

Great thank you the creation entry don’t say it’s defaulted it just says paid and closed. I have had an alert to say the Lowell entry will be removed on the next update but I haven’t had one in regard to the creation entry. 

Nasqueron

The key dates are the date of default and thus + 6 years when it will be removed from your account

jackjones01

Nasqueron said:

The key dates are the date of default and thus + 6 years when it will be removed from your account

Thank you but the creation entry don’t say it’s defaulted.