Help Required - All settled but want defaults removed

[honda77]

Hi,
I have now accepted full and final settlement against NatWest and have received the money. However 3 months on I have checked my credit report and there are 3 defaulted accounts: 1 Current a/c, 1 credit card and 1 loan. All of these show up as defaulted which doesn't do my credit file any favours. How do I go about getting them removed?

Thanks

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

	Credit Report Click link to open in new window.

[jonni2bad]

Can you let us know what amount of charges were made against these accounts AT THE TIME OF THE DEFAULTS....?

Not simply the overall figures, if these are different...

Also, the amount you were defaulted for....

Thanks

[honda77]

The background is a bit tricky but I will try to explain it as best I can.

I had a NatWest loan and NatWest current account which I defualted on in 2002. It was transferred to their credit recovery centre where I made monthly payments up until February last year which is when I settled the accounts in full. At the time it was transferred back in 2002 I had accrued penalty charges of £1200.

On checking my latest credit report it shows that the current account was defaulted in Feb 2006 with a defualt amount of £87 and the loan account was defualted for £64 also in Feb 2006. I was not issued with a default notice, nor had I defualted at this point. Feb 2006 was when I actually settled the account.

Thanks

	Credit Report Click link to open in new window.

[jonni2bad]

OK - seems they have failed to notify you of the defaults so there is one issue there that can help you. You MUST receive an official notice.

The second issue just needs a little more clarification please...

I had a NatWest loan and Natwest current account which I defaulted on in 2002....

The records say you defaulted on the account, or the loan, or both?

... At the time it was transferred back in 2002 I had accrued penalty charges of £1200....

On which? The account or the loan?

You most certainly have reason for these being removed, we just need to work out which is best...