Are you aware whenever a adviser that is scottish have the ability to offer some guidance in my situation about this one?

Are you aware whenever a adviser that is scottish have the ability to offer some guidance in my situation about this one?

Whenever can a default is got by you deleted?

August 12, 2017 writer: Sara Williams Tagged With: credit scores, Defaults, old debts


Hi, My wife and I have been in a DPP (DAS) in Scotland, which we now have made repayments to for approximately two years, with a true number of years nevertheless to get. My question is whenever will be reasonable to anticipate the creditors whom authorized the DPP to own used defaults on our credit files from? Some have actually used them nearly straight away through the date the DPP commenced, others two months later on, nonetheless some are almost a year following the DPP began and worryingly some are nevertheless reporting missed repayments. Any guidance will be valued.

Sara (Financial Obligation Camel) says

We shall ask a Scottish adviser to respond to this.

Sara (Financial Obligation Camel) says

Ah he’s got been on vacation. I shall offer him a nudge.

Hi Sara. Im A Cash Adviser in Scotland. Not long ago I had a situation where my customer had completely paid back their DAS plan and there is nevertheless a debt showing to their credit history. We wrote to the creditor to say that based on the ICO guidance a default should have been registered upon entering the DAS scheme as it had been over 8 years since they’d entered the DAS. They consented to take away the debt through the credit history. The couple would be suggested by me return to the adviser whom setup the DAS want to assist them compose with their creditors to obtain all creditors to register defaults. Especially if their DAS will soon be paid back in over 6 years. In that way if they become financial obligation free these debts must also no further be on the credit report. They are able to get advice/help that is further the after connect to find an adviser within their area

Many thanks Angela, appreciate you supplying a reply. We will contact my DAS adviser and have them to greatly help have all the defaults updated to reflect the date the DAS arrived into impact.

Hi, I’m dreaming about some assistance, we missed a repayment in April so 2013, by October I experienced missed 6 repayments though the standard didn’t begin till September 2015 ( 6 is back at my credit for approximately a couple of years)

Is this a full case where I’m able to e-mail and request they go on it from an early on date? Or asked because of it become deleted. It had been from tsb bank??

Sara (Financial Obligation Camel) says

Exactly what has occurred into the debt, are you currently naking repayments? Can it be nevertheless with TSB or has it been offered to a debt collector? Exactly what kind if financial obligation had been therefore?

Hey although I’m perhaps not 100% certain i believe it is an unplanned overdraft. It is nevertheless with tsb and I’m perhaps not payment that is currently making.

Sara (Financial Obligation Camel) says

Should this be an overdraft it could be complicated, as there aren’t any set monthly obligations. And in the event that you contact them they have been more likely to would like you to begin spending them. It is best to keep in touch with National Debtline on 0808 808 4000 about once the financial obligation can be “statute barred”.

Hope you can easily assist, i’ve a true number of defaults back at my account from 2015 that are now compensated up via a DMP, nevertheless have actually a concern on 2 of these.

The two under consideration where from 2 Natwest bank cards, throughout the debt was passed by the DMP Natwest to Cabot Financial.

My credit file shows the defaults as 2015, this info is provided by both Natwest & Cabot Financial, however the settlement date on each account is different, Natwest is showing as settled in August 2017 where as Cabot are showing October 2018 (this is the date that I paid Cabot april)

Is this proper and they are they permitted to show various settlement times vs the initial loan provider?

Sara (Financial Obligation Camel) says

The Natwest financial obligation had been settled when it was sold by them to Cabot. The Cabot financial obligation wasn’t settled until you paid them. supplying the standard date is the identical on both, that is correct.

I’d a Barclays present account and overdraft. We made month-to-month deposits of between ВЈ50-100 to pay for the overdraft interest and reduce payday loans locations West Virginia steadily the financial obligation. The usual ВЈ15-ВЈ25 interest changed to almost ВЈ100 and within a few months I exceeded the overdraft limit without giving notice. We made a complaint, emphasised that I’d no notice and couldn’t. Their reaction would be to refund the costs they charged me for exceeding the agreed overdraft. Then they proceeded to subtract the attention until it once more surpassed the limitation. In-may 2015 the account was closed by them, relocated it for their recoveries group! We declined to fund any quantity that has been for the increased interest.

Deixe uma resposta

O seu endereço de e-mail não será publicado. Campos obrigatórios são marcados com *