Is this normal...

allystar

Hi there, I decided at the end of last year to stop paying all my loans/credit cards as the payments were crippling.

Last payment to all was November 2025.  Here's a summary:

Provider	Status	Amount
Admiral	Defaulted	£  17,253.00
HSBC	Defaulted with Wescot	£     4,512.67
Ratesetter	Defaulted with Arc	£  12,029.00
Tesco	Defaulted	£     3,130.70
Virgin	Defaulted	£     8,632.00
Virgin	Still to Default	£     8,176.50
Virgin	Still to Default	£     7,420.00
ZOPA	Defaulted	£  17,877.75

I am currently only paying towards 2 debts (via third parties).  HSBC, I am paying £5 and Ratesetter £10 - both since June.

Zopa, I won an affordability complaint and next payment due is saying 01/01/1901 on the app, but no correspondence looking for payment, so I've not paid anything

All the other defaults show on credit file, but no contact about payment, again, I haven't made any payment. 2 Virgin CC's yet to default (I have an affordability complaint ongoing for these, but am doubtful).

I am in Scotland, so understand about the prescribed 5 year period and know the ones I am paying won't fall in to this, unless I stop paying and see what happens. 

It is eerily quiet, with zero contact or letters...

Any guidance/advice/reassurance?

Thanks

Grumpelstiltskin

Virgin are very slow to default, do nothing with them at the moment, see what happens with the affordability

HSBC was it a loan or overdraft?.

allystar

HSBC was a credit card 

ManyWays

There is virtually no chance of any of those debts going over the 5-year period for statute barring in Scotland. Don't even think about this as a possibility until you are within a year of it (and even that is likely to be optimistic as many creditors pop up in the last 6 months before the date you were hoping to get to)

Zopa should let you make an affordable, much lower payment a month, but if they aren't pushing, just let this go until it's clearer what is happening on the others and what to offer.

I assume you complained about all 3 Virgin cards; have you also complained to Admiral & Ratesetter?

I hope you are managing to put money aside for an emergency fund each month?

allystar

Hi, I know I’m being optimistic…my plan is to go for offers in about 3 years.

Ratesetter, complaint rejected after escalating to ombudsman. Admiral were very thorough when I applied, so not worth it!

For Virgin, the complaint is with the investigator for ombudsman and is for all 3.

Emergency fund not as good as could be due to a couple of car and house repairs but expect to be easily saving £500/month from September.

Grumpelstiltskin

Have you done a CCA request for the HSBC card?

allystar

I’m not sure it’s old enough…account was opened in July 2021

Grumpelstiltskin

allystar said:

I’m not sure it’s old enough…account was opened in July 2021

You have nothing to lose by trying.

ManyWays

The HSBC card is with Westcot; if they are collecting on behalf of HSBC, they havent bought the debt and there is no point in asking for the CCA

NeverendingDMP

Tesco c cards were bought out/taken over barclaycard/Barclays. Can't remember which. I've not heard from them for over 12 months now. I stopped paying as my standing order for a previous default kept being returned to me when they were taken over so I gave up. I would imagine you are in the same file as me. Either we have been forgotten about or we are on someone's list to be looked at some day. For now we will just wait and see eh!