Hi all

Back in 2011 when I was in my late teens, struggling for cash and stupid I got a quick payday loan from mini credit for £200.

From what I can remember the repayment date was set up a couple of days early, it bounced and they then began adding charges daily and with every payment attempt... I contacted them to try and pay the original amount, I think they wanted nearly double at this point so I panicked as I couldn't afford it and buried it.

Years later, it is showing on my clearscore (equifax account) under Kapama Limited for £1033, under closed accounts last updated in 2016.

For some reason, they have a shortened, incorrect version of my name which I never give and an incorrect address which I lived at as a child/teenager before moving out in late teens. I never gave them this address, god knows how they have it.

I'm at a loss as what to do, 7 years later I have a full time job but with 2 children so adding another monthly bill would stretch things.

Should I contact and ask for settlement?

Ignore it and hope it drops off my credit file in a few years time?

Be really cheeky and dispute it as they have the wrong address and name?

I know the moral thing to do would be just ring up and pay it,

however I can't afford to dump a grand on it, especially as I borrowed it when I was a moron at 18/19 in an already bad financial situation.

Any advice welcome,

Many thanks!

moved to the mini credit forum

throw the morality card out the window!

paying it wont improve your score either.

what is the defaulted date in the debt summary please

Hi, thanks for getting back to me.

I did think it wouldn't improve my score. But just wondered if that would be the easiest way to sort it.

It doesn't actually say any default date on there,

I'm looking at it on clearscore.

These are the details it lists:

Current balance

Opening Balance

Account opened: 11 December 2011

Last updated: 6 September 2016

Account number

Frequency: Periodically

Thanks.

Also it only shows on my clear score account, which I believe is Equifax.

I can't see it on noddle (call credit), totally money or credit club (experian).

unless some kicks your pram wheels ignore it then