Should this come down my credit report any time soon ?
Sara (Financial Obligation Camel) says
Defaults drop down your credit score 6 years following the standard date regarding the credit score.
But needless to say your debt collector may opt to head to court for a CCJ, which will then be on your own personal credit record for the next 6 years. You a good offer to settle, accepting it might be a good idea if they make.
We don’t agree because they had closed the account and sold it to a debt agency that I owe the bill stated from the phone company and when I did reach out to them, they couldn’t give any further information.
Off my case, would this still not remain for another 6 years if I settle to get them ?
Sara (Financial Obligation Camel) says
perhaps you have taken the issue into the appropriate Ombudsman?
I’ve education loan debt from 1997 which was sold to a DCA around 2015. I have actuallyn’t produced re re re payment or acknowledged your debt since the’00s that are early however the DCA slapped a standard on in 2017 and say that the https://badcreditloanshelp.net/ reason for action’ started then. Does a financial obligation need to be in standard before a reason of action begins?
Sara (Financial Obligation Camel) says
An student that is old-style debt – we suggest you communicate with National Debtline on 0808 808 4000 about that.
I’m from Venezuela. Back 2014 we signed up for a post graduate system in England. In 7 june 2014 We made the very first and payment that is only my tuition charges. To cover the remainder I happened to be looking forward to the goverment to accept my demand to exchnage venezuelan money into pounds (in Venezuela you will need goverment authorization for this form of Transaction.) edited
Sara (Debt Camel) says
Hi Joeal, your two commentary had been extremely complicated and long. You’ll need you to definitely speak to you concerning the information on your instances, see your face is certainly not me.
Hey! Thanks anyway.
I believe I would simply inform the college about my present situation, with my company placing my agreement on hold and every thing, to check out when they can hold back until lockdown is lift here to resume conversation.
We have a vintage financial obligation from 2010-2011 that I didn’t realize had been outstanding to virgin news. I recently signed up to credit references agency’s and this is where I realised this debt was outstanding as I am looking to buy a house. The quantity is small, however although payments could never be used mid 2010 this financial obligation appears to have never been defaulted. In order that it has remained to my credit file as a merchant account in arrears and payments that are missing date each month until June 2020 (present). My real question is just exactly what recourse do I have with this, since surely nearly 10years later on this would perhaps perhaps not nevertheless be being reported to my credit history and adversely impacting it? I could spend this amount, but i would really like removal of this from my credit history I was unaware of, and being almost 10 years old now surely should not still be recorded on my credit file, thought these issues usually only stay on the file for up to 6years as it is something.
Any information you’ll offer would actually be valued.
Sara (Financial Obligation Camel) says
Have you continued utilizing the Virgin account? If you don’t, whenever do you stop?
Please would you delete my sorry and surname for numerous articles.
I’ve a highly skilled financial obligation from 2010 until I recently looked at my credit file because we are looking to get a mortgage that I was unaware of. The account in arrears is certainly not for many cash and I also have always been in a position to repay this anytime, nevertheless the contact that is last had regarding this financial obligation was at 2011 and I’ve had absolutely nothing since (we have actually moved house etc but e-mail has not changed) it seems this financial obligation ended up being never ever defaulted and has now remained as a free account in arrears and missed payments on a monthly basis since 2010, but I happened to be entirely unaware. Do we have actually any recourse for working with this, it is very nearly a decade old it is nevertheless to my credit account as lacking a repayment each month. Are you able to please ever advise, thanks a great deal
