Admiral Loans…defaulted, now they have written today saying going to Default me (again).

allystar

Hi, I last made a payment to Admiral in November 2024.

The Default letter and note of default on my credit file happened in April 2025.

i have received a letter today stating an arrears amount of 12 months missed payments and that if I don’t pay, they will default me…

Should I sit tight or write to correct them that I already have confirmation of default in April??  I have the letter filed and will take a screenshot of my credit file.

I haven’t made any payments as this is the first correspondence since the default.

sourcrates

You cannot be defaulted twice, it`s likely they have used a generic letter template when writing to you.

No need to do anything, do you have a plan in mind here or not?

allystar

My plan is to wait until I absolutely have to make a payment, then set up a monthly amount while putting away into my emergency/settlement fund 

ManyWays

how is your emergency / settlement furnd coming on?

allystar

Trickling along but could have been better…hubby and I have plan from January salary.  We’ve had a couple of unexpected expenses…storm damage recently…car problem but would have normally put them on a CC…so see this as a positive

RAS

allystar said:

Trickling along but could have been better…hubby and I have plan from January salary.  We’ve had a couple of unexpected expenses…storm damage recently…car problem but would have normally put them on a CC…so see this as a positive

It is/was. If you can fund any unexpected costs, well done. And look at the categories and work out if you need to allocate more to them?

EssexHebridean

That's brilliant progress - well done! As bothersome as those sort of expenses are, it's a nice feeling to know that the money was there to cover them thanks to your budgeting efforts, isn't it!