Thread: IF only now default me

I have been in financial difficulty and in debt management since 2002

Intelligent Finance only now - in 2009 have decided to default my Credit Card and overdraft balance

I have been paying reduced amounts since 2002

Only now in 2009 when most the balances are almost gone (less than £500 and less than £975 on the other) - they decide to default me!

They haven't sent me any letters confirming the defaults - but I have just had the accounts passed onto Blair Oliver & Scott

And looked on my credit report - to find 2 FAT defaults!

These accounts were opened in 2001 - went into debt management in 2002

Why didn't they default me 6-7 years ago??

It would of been settled and cleared and off my credit report by now!!

I feel this is totally unfair and they have just destroyed my credit rating for another 6 years!

What can I do - if anything?

(I called them and asked "why now" and they said - sorry only Blair Oliver and Scot can discuss this - but it is IF that defaulted me)

WHAT MAKES ME MAD - IS THE BANKS HAVE BEEN BAILED OUT - WHO IS GOING TO BAIL ME OUT!!! I JUST CONTINUE TO PAY OUT - AND STRUGGLE TO FEED MY FAMILY!!

Yes I got into difficulty and made some bad decisions 6-7 years ago - but I am still being punished!??