I defaulted on a credit card 10 years ago and have been paying monthly ever since.

I have increased the amounts over the years and have never missed a monthly payment.

It was with Mastercard RBOS that I had the card, there is still approx £2000 still to pay.

There is no interest applied to the account.

Just wondered if I have to continue to pay this or as the debt is so old could I request the remainder be written off.

I do not have my credit file but I assume the original default will still be there as I am still paying the debt monthly so it would be live so to speak. Any advice helpful

Hi

The default will have fallen off by now (it stays on for 6 years)

As you have been paying, the debt will still be 'live' but have you explored whether charges or PPI have been added to this debt?

Hi

The default will have fallen off by now (it stays on for 6 years)

 

As you have been paying, the debt will still be 'live' but have you explored whether charges or PPI have been added to this debt?

Yes, I did get the charges back as I asked for these way back at the beginning and no subsequent charges have been applied. There was no PPI I already made sure of that. Just wondered if I did request them to write the remainder off whether this would show up negative in my CF. As a matter of interest you say the default will have fallen off by now; would there be any reference to this debt at all remaining on the CF or does all trace of it vanish as if it never existed? Just wondering if in the future I applied for credit that it may come back to haunt me

After 6 years, there should be no trace of the default. Not sure if they can then mark your file as being in an arrangement to pay (hasn't happened to my file)

It is highly inlikely that the new creditor will write the debt off unless you have good reason.

If this is the only debt in the last 6 years then having a copy of your credit file will make no difference. I would go as far as saying that getting a copy of your credit file should have no impact anyway.

What I would be saying is YOU control how much you pay, not them and you pay what you can afford, not what they want

I am assuming this debt is with a DCA (you didn't say) so I would be asking for a full statement of amounts paid so that you can reconcile the amounts with what you know just in case some payments have not been credited to the account

After 6 years, there should be no trace of the default. Not sure if they can then mark your file as being in an arrangement to pay (hasn't happened to my file)

 

It is highly inlikely that the new creditor will write the debt off unless you have good reason.

 

If this is the only debt in the last 6 years then having a copy of your credit file will make no difference. I would go as far as saying that getting a copy of your credit file should have no impact anyway.

 

What I would be saying is YOU control how much you pay, not them and you pay what you can afford, not what they want

 

I am assuming this debt is with a DCA (you didn't say) so I would be asking for a full statement of amounts paid so that you can reconcile the amounts with what you know just in case some payments have not been credited to the account

Thank you for your reply that was most helpful. No the account is not with a DCA it has remained with RBOS Worldwide Credit card from day one and has never moved. I receive statements each month and note the amounts are being deducted and nothing more being added at their end. I receive a letter every six months asking me to review the amount being paid and they ask for a financial statement. I never send them a financial statement. I clearly state this is what I can afford and it is take it or leave it. They always accept. I will send for my CF in any case and just check it through just to make sure there is nothing on there that shouldn't be.

Thanks again you are most helpful

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