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My overdraft showing as up to date on credit file and not defaulting!
Hello, I have all but 2 debts to default, one being a Halifax overdraft, it shows as up to date on my credit file despite being overdrawn and no payments having been made for months. What do I do?
Obviously I want them all defaulted for that 6 Years to start, any advice welcome
Comments
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Overdrafts can be difficult, as there are no regular payments to make towards the debt, if left, they can go delinquent for months/years even, and the bank will just keep on charging you.
Your best bet is to write to the bank, explain your intentions, that you want the debt to default, so the balance is frozen, so that you can then repay what remains by debt management, or whatever your strategy is.
Whilst you have the opportunity, it might be a good idea to let them know you have been in financial difficulty for quite a while, and would they consider refunding any interest charged to the debt, within say the last six months or whatever timeframe you deem appropriate.
That would be your best approach.
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-letter3 -
Ah ok thankyou , do I send emails? Where do I find the correct details please?
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Write to your banks customer service address, look on their website.
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 -
Fab thanks
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