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Default Notice Letter Received
Budgetmealplanner
Posts: 8 Forumite
As the title states I have today received a letter from Lendable with a default notice with the usual demand for full payment, which is all well and good however this account was defaulted to credit reference agencies back in January 2023, why would they only be sending this now? They can't renew the default, is this just automatic before they sell it to a collections agent?
thanks!
thanks!
0
Comments
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An error perhaps, if its already defaulted just ignore.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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Legally a default on a credit record has got nothing to do with a Default Notice, you can have either without the other. But they normally occur at the same time which why they often thought of as being related.0
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thanks both,
@ManyWays the letter refers to being defaulted and how tis will remain on my file for 6 years etc - which I know, and was issued ages ago! so just seemed odd to be sending me the paperwork now.0
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