Sub Prime Credit Card Club

Sammy_Girl

No fair Candice, you got your card and chequebook on the same day lol

I guess I shall have to wait and see what turns up tomorrow lol. Also, has anyone done their switching service. I chose this option on the website as I have no loyalty to Barclays and I want the £100 bonus lol. Does anyone know how long this takes??

Sammy_Girl

Just been looking at my alerts on Equifax which I get free with Cap 1. On the 26/09/08 it said that I had a new credit agreement added by "Legal Direct Recoveries" - a mail order agency. So I'm like !!!!!! what is this????? So because I'm peeved off as I only just got the Lowell default removed, I pay the £5.99 to get an up to date copy of the report. So I access the credit agreement section and there's no record of an agreement with said company!!!! How frustrating. I wouldn't have paid £5.99 if it wasn't for the alert telling me that this new credit agreement had been set up. So now I snt an online dispute asking for my £5.99 back lol. Doubt I'll get that!!!!

But on the plus side, my Egg default has been marked as satisfied :j . The default was issued in March 2007 and they marked it as satisfied in April 2007 when in fact I paid it off in Sep 2008 . Anyways, I now have 2 defaults on Equifax both satisfied, one defaulted in Dec 2004 and the other March 2007, so April 2013 will be when I will have a totally clean file

PROLIANT

Sammy_Girl wrote: »

Just been looking at my alerts on Equifax which I get free with Cap 1. On the 26/09/08 it said that I had a new credit agreement added by "Legal Direct Recoveries" - a mail order agency. So I'm like !!!!!! what is this????? So because I'm peeved off as I only just got the Lowell default removed, I pay the £5.99 to get an up to date copy of the report. So I access the credit agreement section and there's no record of an agreement with said company!!!! How frustrating. I wouldn't have paid £5.99 if it wasn't for the alert telling me that this new credit agreement had been set up. So now I snt an online dispute asking for my £5.99 back lol. Doubt I'll get that!!!!

But on the plus side, my Egg default has been marked as satisfied :j . The default was issued in March 2007 and they marked it as satisfied in April 2007 when in fact I paid it off in Sep 2008 . Anyways, I now have 2 defaults on Equifax both satisfied, one defaulted in Dec 2004 and the other March 2007, so April 2013 will be when I will have a totally clean file

Dont worry, I had this and it is an error with Littlewoods/Shop direct group, have you got an Empire catalog by any chance? Do you have any catalogues from the Littlewoods group i.e Kays, Littlewoods, Empire, Marshal Ward or Additions? I had the same thing appear but what happens is that Equifax cross reference an account code for example AH-01 would reference Littlewoods and when the database is queried it looks up an account code to map to a name that we see on our reports so dont panic it was either Shop direct fukup or Equifax's Database server went tits-up.

Sammy_Girl

Thanks Mr P. I should have asked this before I paid the flippin £5.99!!!! Yes I have a Littlewoods account. That makes me feel better now . I would have been super !!!!ed off if another company came out of the woodwork with an alledged debt lol. It would just be my luck that I'm on my last £3k of debt to pay off, and someone somewhere thinks don't let that cowbag be debt free lol!!!!

So how are you this evening? How's sunny Newcastle????

PROLIANT

Sammy_Girl wrote: »

Thanks Mr P. I should have asked this before I paid the flippin £5.99!!!! Yes I have a Littlewoods account. That makes me feel better now . I would have been super !!!!ed off if another company came out of the woodwork with an alledged debt lol. It would just be my luck that I'm on my last £3k of debt to pay off, and someone somewhere thinks don't let that cowbag be debt free lol!!!!

So how are you this evening? How's sunny Newcastle????

Sunny but fakin cold, howz the smoke?

sutton111

hi everyone
what i want to know is i'm paying a few debts off (capquest etc) and after 6 years default come off your credit file but what happens if your still paying the debt off is it green 0's or is there another default added?

Sammy_Girl

PROLIANT wrote: »

Sunny but fakin cold, howz the smoke?

Just cold! I gave in last night and put the heating on lol. Then I got all paranoid about how it hadn't be on in 6 months so went out and bought a carbon monixide alarm just in case lol

Sammy_Girl

sutton111 wrote: »

hi everyone
what i want to know is i'm paying a few debts off (capquest etc) and after 6 years default come off your credit file but what happens if your still paying the debt off is it green 0's or is there another default added?

Hi Sutton,

That's a good question. My understanding is that if they were passed to a DCA (like Capquest), no activity happens on the account on your credit file. EG it shows you defaulted in Sep 2003 and nothing has been marked since (even tho you are making payments to Capquest. Fast forward to October 2009 (6 years later) and said account disappears. Howverthe debt is still valid so you sould still pay it. If you are still paying the original lender then the default will still drop off and you will have some nice green zeros.

Basically the account will disappear 6 years after the date it was marked as defaulted or settled/satisfies, whichever comes first.

Does that make sense???

kiora

Capquest ve a funny way of updating their accounts, I defaulted on a skycard last year and paid a F&F in July this year, they updated my credit files to show as being settled in March 2006, when I took card outso cant understand their reasoning.

sutton111

yea that does make sense thanks, i will have to keep paying it or they will probably make me bankrupt and i don't want that. so even if i'm still paying debt off after the default has gone i should be credit worth to a degree anyway.