DRO - Last delinquent date
Hi, I hope I explain this right.
I had a DRO agreed in February 2014 and have two accounts in still marked as being in arrears, but in my SETTLED ACCOUNTS on my credit score.
One is an old Barclay account with £2359 which Status: DEFAULT February 2014
The second is a Barclaycard Status: DEFAULT September 2017 and a balance of £2150 on it
What I don't understand is I have February 2014 marked as a delinquent dateon both of these accounts. Looking into that, a delinquent date falls off your file in 7 years, rather than 6.
Also, shouldn't these balances be set to: £0?
My other debts:
MBNA is £0 Status: Settled in 2015
Tesco £0 Status: Settled August 2016
All four come in my SETTLED ACCOUNTS file
My credit score is being damaged by the two Barclay ones 'Whats holding you back' section . Is there anything I can do?
I had a DRO agreed in February 2014 and have two accounts in still marked as being in arrears, but in my SETTLED ACCOUNTS on my credit score.
One is an old Barclay account with £2359 which Status: DEFAULT February 2014
The second is a Barclaycard Status: DEFAULT September 2017 and a balance of £2150 on it
What I don't understand is I have February 2014 marked as a delinquent dateon both of these accounts. Looking into that, a delinquent date falls off your file in 7 years, rather than 6.
Also, shouldn't these balances be set to: £0?
My other debts:
MBNA is £0 Status: Settled in 2015
Tesco £0 Status: Settled August 2016
All four come in my SETTLED ACCOUNTS file
My credit score is being damaged by the two Barclay ones 'Whats holding you back' section . Is there anything I can do?
0
Comments
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Can you post a link to what you have found about a delinquent date extending the period that an entry stays on your credit report, because that is a new concept to me.
My understanding is that in your situation the correct mark is DEFAULT February 2014 & zero balance.
Anything else - you should complain.0 -
Can you post a link to what you have found about a delinquent date extending the period that an entry stays on your credit report, because that is a new concept to me.
My understanding is that in your situation the correct mark is DEFAULT February 2014 & zero balance.
Anything else - you should complain.
https://www.experian.com/blogs/ask-experian/delinquency-cannot-be-removed-after-on-time-payments/How Long Do Late Payments Remain On the Report?
Late payments remain in your credit history for seven years from the original delinquency date, which is the date the account first became late. They cannot be removed after two years, but the further in the past the late payments occurred, the less impact they will have on credit scores and lending decisions.
Thanks for asking.0 -
This is quoted from Experian.com, this usually applies to North America and Canada.
In the UK its Experian.co.uk, and you will find the period for defaults/delinquent accounts to show is 6 years.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-letter0 -
Okay, thats a bit better I suppose.
Debt Camel seems to have the information I need
https://debtcamel.co.uk/repair-credit-record-dro/
I am going to write a letter to the data controller and tell them to set the amounts as £0.00
thanks for your help0 -
Okay, thats a bit better I suppose.
Debt Camel seems to have the information I need
https://debtcamel.co.uk/repair-credit-record-dro/
I am going to write a letter to the data controller and tell them to set the amounts as £0.00
thanks for your help
That's a better link0
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