Have you any idea whenever a Scottish adviser might have the ability to offer some guidance in my situation about this one?

Have you any idea whenever a Scottish adviser might 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 scoring, Defaults, old debts


Hi, we come in a DPP (DAS) in Scotland, which we now have made repayments to for about two years, with a number of years nevertheless to go. My real question is whenever could be reasonable to anticipate the creditors whom approved 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, other people two months later on, nonetheless some are very nearly a year following the DPP started and worryingly some are nevertheless reporting missed payments. Any guidance could be valued.

Sara (Financial Obligation Camel) says

We will ask a Scottish adviser to respond to this.

Sara (Financial Obligation Camel) says

Ah he has got been on christmas. We will provide him a nudge.

Hi Sara. Im A Cash Adviser in Scotland. Not long ago I had an incident where my customer had completely paid back their DAS plan and there clearly was still a financial obligation showing to their credit report. 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 decided to eliminate the financial obligation through the credit report. I recommend the couple return to the adviser whom put up the DAS intend to assist them to write for their creditors getting all creditors to register defaults. Particularly if their DAS would be paid back in over 6 years. By doing this once they become debt free these debts must also no more be on the credit history. 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 an answer. I shall contact my DAS adviser and get them to simply help have got all the defaults updated to mirror the date the DAS arrived into impact.

Hi, I’m longing for some assistance, we missed a repayment in so 2013, by October I had missed 6 payments however the default didn’t start till September 2015 ( 6 is on my credit for around 2 years april)

Is it a full case where i could e-mail and request they go from an early on date? Or asked because of it to be deleted. It had been from tsb bank??

Sara (Financial Obligation Camel) says

Just what has occurred towards the financial obligation, are you currently payments that are naking? Could it be nevertheless with TSB or has it been sold to a debt collector? Exactly what type if financial obligation ended up being hence?

Hey although I’m maybe not 100% certain i believe it is an overdraft that is unplanned. 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 may be complicated, as there aren’t any set monthly obligations. And them they are likely to want you to start paying them if you contact. It is advisable to communicate with National Debtline on 0808 808 4000 about once the financial obligation might be “statute barred”.

Hope you can easily assist, We have a number of defaults back at my account from 2015 that are now compensated up via a DMP, nonetheless have actually a concern on 2 of those.

The two under consideration where from 2 Natwest bank cards, through the DMP Natwest passed your debt to Cabot Financial.

My credit history shows the defaults as April 2015, this information is supplied by both Natwest & Cabot Financial, nevertheless the settlement date for each account is significantly diffent, Natwest is showing as settled in August 2017 where as Cabot are showing October 2018 (this is basically the date that we paid Cabot)

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

Sara (Financial Obligation Camel) says

The Natwest financial obligation ended up being settled whenever they sold it to Cabot. The Cabot financial obligation wasn’t settled until you paid them. supplying the standard date is the same on both, that’s right.

I’d a Barclays account that is current overdraft. We made month-to-month deposits of between ВЈ50-100 to pay for the overdraft interest and reduce steadily the debt. The usual ВЈ15-ВЈ25 interest changed to almost ВЈ100 and within a few months I exceeded the overdraft limit without giving notice. A complaint was made by me, emphasised that I experienced no notice and couldn’t. Their reaction would be to refund the costs I was charged by them for exceeding the agreed overdraft. Then they continued to subtract the attention until it once more exceeded the limitation. In-may 2015 they shut the account, relocated it with their recoveries team! I refused to fund any quantity which was for the increased interest.

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