default removal

englishdad · 6 March 2018 at 5:37PM

Could someone please advise how I would get a default removed from my credit file if it has not been paid, but is 6 years old?

I have been told they 'drop off' your report after 6 years regardless of whether they have been paid or not, however upon checking the Experian report in the MSE credit club, it is unclear as to when it was entered as defaulted. It simply says 'account settled 8/3/2012', even though it has never been 'settled'?

I would ask Experian but there is no link anywhere when in the credit report tab to contact anyone?

Anyone have any ideas please.

Thanks in advance

[Deleted User] · 6 March 2018 at 6:06PM

What date did the account default on?

National_Debtline · 6 March 2018 at 6:07PM

Hi Englishdad,

A debt will show on your credit file for 6 years from the date of default or the date it is satisfied (if the account never defaulted).

Sometimes, an account can be marked as 'settled' when the account is sold between companies, but this should have no bear on the 6 year rule above. Credit files can take up to 1 month to update, so if this is the correct date (March 2012), then you probably need to give it a bit more time to come off before taking any action.

I am not sure this is the correct date (as you say you never paid it) but, one option you have is to complain that the account is still showing when you feel it should've come off. However, you need to be careful about complaining as well. A complaint would very likely be considered an acknowledgement of the debt, and depending on what this debt is; you may find that by complaining about this entry, you then need to repay the debt. (This falls into advice about the Limitations Act, which may be better posed in DFW).

Laura
@natdebtline

englishdad · 8 March 2018 at 12:48PM

Hi

Many thanks both for your replies, I have no idea of the exact date it defaulted, it does not say, only 'account settled' 8/3/2012??

How would I find out the defaulted date without asking?

It sounds like a paradox situation where you can only find out when it defaulted by asking and you can't ask without acknowledging it and paying it, so it would seem that every company, regardless of the law, have got you by the danglies every time and if it doesn't automatically come off you are stuck with it forever.

It's a bit like the infamous internet game where, if you mention the game, you've lost!

[Deleted User] · 8 March 2018 at 1:04PM

What report/s are you checking?

There should be a marker or a line on the account that states the default date

Candyapple · 8 March 2018 at 1:14PM

The free versions to check your credit files are below:
Experian: https://www.moneysavingexpert.com/creditclub
Equifax: https://www.clearscore.com
Call Credit: https://www.noddle.co.uk

What is the date of default in the other 2 files?

DCFC79 · 8 March 2018 at 4:09PM

Candyapple wrote: »

The free versions to check your credit files are below:
Experian: www.moneysavingexpert.com/creditclub
Equifax: www.clearscore.com
Call Credit: www.noddle.co.uk

What is the date of default in the other 2 files?

As well as Noddle you can access your Call Credit report via Totally Money, can use the phone app or the website.

default removal

Comments

Categories

Get our FREE Weekly email full of deals & guides - and it’s spam-free