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Loan Delinquent but no default
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nomorecc
Posts: 129 Forumite
Hi All
Thanks in advance.
I have just noticed that one of my loans are appearing as delinquent on my credit file, but I've never had a default on my credit file?
Any ideas what this means? / What should I do?
Thanks in advance.
I have just noticed that one of my loans are appearing as delinquent on my credit file, but I've never had a default on my credit file?
Any ideas what this means? / What should I do?
0
Comments
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Delinquent just means it's late.
Whether it's late enough for them to default you is another matter.
What to do? If it's up to date and you weren't late, query it. If it's late, pay it.0 -
This was 5 years ago I did a dump with them in 2019 but they never defaulted me….0
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You complain in writing to the creditor concerned, insist the account be defaulted and backdated to when you started debt management, in line with FCA guidance.
They have 8 weeks to issue you a final response.
You can then escalate to the FOS/ICO if not happy with the outcome.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-letter1 -
I have done this and they have now agreed to backdate!
Thank you!!0
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