removing CRA defaults

[MARKIE66]

hi, this is my first post so please bear with me!.

4 months ago I requested a copy of my original signed agreement for a bank loan from a debt recovery firm (Credit Security Ltd, formally the debt was with Moorcroft Debt recovery, originally HSBC). The total amount owing was £8920.00, I had been paying £20.00 per weekand had reduced the debt from £11050.00. As they couldn't provide me with the copy (it couldn't be found) I wrote them a letter (by recorded delivery) telling them I would no longer pay as the debt was uninforcable under the consumer credit act 1974. To date I have not had a reply. should I assume that I will hear no more about this matter or do I need a letter stating that the debt is written off?.

Also the bank set a default with the credit reference agencies in sept 2003 and has logged a default every month since, is there any way that i can have the default removed?.

thanks for reading, all help appreciated.

Mark

[MARTIN3030]

I see you have read some things already.
In answer to your first question,If you requested a copy of the agreement and sent the £1.00 fee,then they should have returned that if they could not fulfil the request.
In the absence of them contacting you,it is reasonable to assume they wont be trying to collect from you again.Whether they will sell on the debt is debatable.If they were acting as agents then they will pass the debt back to the creditor.
As regards your second question,You should send the bank a section 10 notice to stop them from further processing your data.
I will move your thread.

[bobbyh99]

If the default date is 2003 then these will drop off your report next year anyway!

[MARKIE66]

thanks for the info, i'll send the section 10 but I could really do with getting the defaults completely removed as this is causing financial difficulty for me and i feel that their presence is unjustified, any clues?

[MARKIE66]

thanks, I know I'm probably trying it on but I could do with getting them removed now,are the CRA's allowed to hold information if it is harmful and without my permission (court judgements and bankruptcy's excluded )?.

[MARTIN3030]

Originally Posted by bobbyh99

If the default date is 2003 then these will drop off your report next year anyway!

Assuming there was no admission after that date and it was not re registered.

[MARTIN3030]

Markie,theres currently ongoing debate and discussions about this.I think if you have read those early ones (like Surleys Threads) which I see you have,then you will have picked up a few things.
More recently CAG members have been exporing other avenues and we are not there totally yet but are making good ground.Theres the other problems I think where removal HAS taken place on the basis of confidentiality.
I am not convinced that there have been good results that have not been reported-its not something they want in the open.
My guess is that these removals have happened after an agreed confidentiality.
I cannot believe for one minute that theres been no results I mean on a bigger scale than we know of.
Just my own thoughts.