We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Credit Card Company Cannot Give Me Specific Date With Regards to Credit Card Default!?
Options

debtslave2024
Posts: 100 Forumite

in Credit cards
I am in arrears with a certain UK credit card company. I am close to defaulting. I want to avoid default, as I may need credit in future for “emergencies.” I have just phoned their call centre, and I asked repeatedly “on which date will the default specifically be activated, if I do not manage to clear the arrears or setup a payment plan.”
They told me on the phone, that they could not give me the precise date for the default!? If that is the case, how am I meant to plan to avoid it?
Is the default date just an “Act of God,” and can happen at any random moment in time?
They told me on the phone, that they could not give me the precise date for the default!? If that is the case, how am I meant to plan to avoid it?
Is the default date just an “Act of God,” and can happen at any random moment in time?
0
Comments
-
So you want them to tell you in advance when they will default you. Not going to happen, you'll find out when you get the default notice.
It's not a system to be gamed so you can keep the card for future.0 -
I am not trying to “game the system,” I am trying to avoid a default by knowing the date of when it will occur. Can someone provide more helpful advice please.0
-
debtslave2024 said:I am not trying to “game the system,” I am trying to avoid a default by knowing the date of when it will occur. Can someone provide more helpful advice please.0
-
debtslave2024 said:I am in arrears with a certain UK credit card company. I am close to defaulting. I want to avoid default, as I may need credit in future for “emergencies.”
0 -
debtslave2024 said:
They told me on the phone, that they could not give me the precise date for the default!? If that is the case, how am I meant to plan to avoid it?1 -
If you can afford to pay off the card, do so and avoid a default.If you can't (and judging from your previous threads, you probably can't) maybe you need to ask for debt advice? Debt-Free Wannabe is the place for that, where you previously mentioned this credit card debt:N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!1 -
debtslave2024 said:I am in arrears with a certain UK credit card company. I am close to defaulting. I want to avoid default, as I may need credit in future for “emergencies.” I have just phoned their call centre, and I asked repeatedly “on which date will the default specifically be activated, if I do not manage to clear the arrears or setup a payment plan.”
They told me on the phone, that they could not give me the precise date for the default!? If that is the case, how am I meant to plan to avoid it?
Is the default date just an “Act of God,” and can happen at any random moment in time?Life in the slow lane0 -
@born_again. I am engaging with them yes, and that is why I was hoping they could give me some indication of when a default would occur, to help me consider my options.0
-
debtslave2024 said:@born_again. I am engaging with them yes, and that is why I was hoping they could give me some indication of when a default would occur, to help me consider my options.
Either pay them. Arrange payment plan, or default. They are not going to help you by telling you when a default is placed.
If you do not want to default, then stop delaying things & sort out the payment plan.
Even a payment plan is going to show on your credit file, so will effect any more lending you maybe hoping to take out (If you want to)Life in the slow lane0 -
How do you plan to avoid it?The reason they cannot tell you is because (a) they don't know, and (b) it depends on how their system is set up.Most companies don't report to CRA's straight away they do it in bulk. So you'll have a missed payment marker on, so in breach of contract, and your account will be in a pre-default status. Different CC co's have different strategies. Some move them to defaulted after a certain amount of time, some when they are considering selling the debt on. Your account could show as defaulted on their internal systems but not yet at the CRA as that will depend on when and how they go about that. Usually it will get updated in the normal monthly update but it may be selected for a letter campaign to either give you a chance to pay. It's why defaults often happen 1-6 months after the missed payment.So to avoid it either pay today or make a plan today, either way that will change your internal account status. Though you don't say why it vexes you. Are you able to pay by a certain date, are you aiming to take new credit before the default shows.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards