Hiya,

I am currently paying Lowell for a defaulted vanquish credit card debt.

(No issues there really, I owe it and pay less to Lowell than vanquish with no interest)

However Lowell have now decided to add that I am in default with them via the credit reference agencies.

(I have nothing relating to the original Vanquis default on any CRA file)

Can Lowell say that I am in default with them even though I pay and am up to date when actually I was in default with Vanquis ?

Hope that makes sense?

Cheers

What’s the date of the default? They can only take over a registered default – they can’t add one of their own.

has this ever shown on your CRA file?

you say its not there now?

how old is this debt

when did you take the card out?

what made you start to pay lowlife..you fell for the threat-o-grams?

have you ever sent them a CCA request to check they have the LEGAL RIGHT to demand money from you?

something smells here

dx

If vanquis registered a default then all lowell can do is substitute their name .

Do you have a notice of assignment to lowell?

Did they send you a default notice or intention to file a default?

What is the default date on your credit file?

Thanks for the quick replies,

I originally defaulted with Vanquis about 12 months ago, But there has never been ANY record of my account with them with the CRA's

(I started with a standard Vanquis card then was upgraded to a Gold Card- at this time the original card shows as settled and then nothing else from Vanquis has ever shown on the CRA's reports)

I decided to start paying Lowell about 4 months ago (through choice, I owe the money so should pay it back somehow) and a default has appeared on my CRA for May of 2013.

Yes I did have a letter of assignment etc and it does relate correctly to what I owed vanquis.

Cheers

I knew I'd ready something somewhere (From Lowells website) .

It is likely that your original creditor will have registered a default with regard to the outstanding debt on your credit file.

When the account is purchased by us, we are legally required to transfer the default into our name.


So if there was no registered default by Vanquis - then Lowell cant add a default as long as I am within my agreement with them ?

Who do I contact, Lowell or the CRA's ?

Cheers

are you saying the account was NEVER on your cra file?

and IS now showing

please be clear.

dx

Yes, the Vanquis account and default was never on my CRA files, but I now have a default with Lowell that shows as a credit card default.

Cheers

Clarification please, in post 5 you state the original card show as settled (on CRA Files?), and now shows on CRA with Lowell?

The ''settled'' entry will have been when Lowell acquired the debt after which the original entry would be removed and Lowell will report to the CRA and must show the original default.

So as far as I can see the entry is correct.

Out of interest which CRA are you using.

Brig, if the default is recorded as happening in May 2013 it cannot be correct, as the account at this time would have been owned by Lowell. Lowell were not in a position themselves to default the account.

But it’s best to check with enrico again – can you confirm that Lowell have recorded a default that BEGINS in May 2013, rather than simply taking over an old default? What is listed as the actual default date – is it May 2013, as you stated? This is important.

The default is dated 30th April 2013 and has just shown up on my CRA files for May 2013.

Cheers

So the true default date is 30th April 2012 as shown above NOT December 2013

You are reading the status history the 2013 is the start of th is years status history NOT a later default date and has not yet been updated with this years status from January 2103 onwards.

So the entry appears correct!

I am confused as hell. Where does it say April 2012.?

I think that what the op was saying is that when his card was upgraded they marked his original account as settled. Not the time of sale.

Has a post been removed?

If not maybe the OP could post his credit file entry.

I am confused as hell. Where does it say April 2012.?

I think that what the op was saying is that when his card was upgraded they marked his original account as settled. Not the time of sale.

Has a post been removed?

 

If not maybe the OP could post his credit file entry.

I would appear that the OPs post showing the CRA file details has been removed, it clearly showed the APRIL date.

May have had personal data???

No posts have been removed by the Site Team although the OP did edit his post #11.

No posts have been removed by the Site Team although the OP did edit his post #11.

Thanks ims, it's just left later post out of context.

I've never mentioned April 2012 ! I edited post 11 for date accuracy.

Simply put, the default has never showed on my CRA files until May 2013 when it has been added by Lowell with a default date of 30th April 2013.

Account type

Credit Card

Account number

************9415 0

Account start date

24/07/2008

Opening balance

£ 3,522

Repayment frequency

Monthly

Date of default

30/04/2012

Last entry above clearly shows default date 30/04/2012 not 2013 what you are reading is the status history as previously advised, December D. 2013 D history not up dated.

Sorry - Just realised it said 2012!. Old age creeping in

So, Its OK for Lowell to show that I have a default with them even though I never had a default registered by Vanquis?

I only started paying Lowell about 4 months ago and have not missed any payments with them (if that makes any difference)

Cheers

Vanquis are not known for selling accounts with out them being defaulted, the dates seem right for default and sale D.D April 2012.

My intuition tells me that between the settled card and the reporting of the upgraded card the default was placed and the account sold.

Hmm,

I think the settled card is a bit of a red herring - It's marked as settled in Aug 2009 when I did a balance transfer between my old Vanquis card and the new Vanquis card that then defaulted.(different account numbers)

However since the settlement in 2009 the has been no record of ANY vanquis transactions on my CRA's - its as if I never has the new card!

Hence my query about Lowell adding the default now

Cheers

Vanquis always when upgrading cards mark credit files on the 'original' card as settled when the balance on the old card ids transferred to the new card.

I don't think there is any further I can advise, unless you seek archived credit reports for the period the data is missing, the default will have already been place before Lowell acquired the debt.

You could expend £10 on a SAR to Vanquis.

OK thanks but as a last throw of the dice, I keep a reasonable eye on my CRA files, and I know that there has been no recorded activity at all (even when I was paying them) for this defaulted card and no default ever registered by Vanquis - So if I can prove this, then Lowell have acted improperly by registering a default in their name for an agreement that I never had with them?

Thanks for your advice.

OK thanks but as a last throw of the dice, I keep a reasonable eye on my CRA files, and I know that there has been no recorded activity at all (even when I was paying them) for this defaulted card and no default ever registered by Vanquis - So if I can prove this, then Lowell have acted improperly by registering a default in their name for an agreement that I never had with them?

 

Thanks for your advice.

THE SAR is your way forward!!

Good luck, please keep us posted on developments.

Lucky we asked for clarification, enrico. Just proves once again how important the detail is in providing information for comment.