Jump to content

irhut

Registered Users

Change your profile picture
  • Posts

    10
  • Joined

  • Last visited

Everything posted by irhut

  1. When I first saw the debt on my credit check I wrote to experian explaining the problem. They have just sent the following reply Thank you for your query received on 05 January 2008.In view of your comments about Hillesden Securities, I am writing to them for you. This is because I cannot amend your report without their consent. I will let you know what they say as soon as they reply.While I investigate your comments, I am adding the following statement to the entries you have queried."THE ACCURACY OF THIS DATA HAS BEEN DISPUTED BY THE INDIVIDUAL CONCERNED AND WE HAVE NOW CONTACTED THE SUBSCRIBER. CARE SHOULD THEREFORE BE TAKEN WHEN USING THIS ITEM OF DATA TO ASSESS THE CREDITWORTHINESS OF THE INDIVIDUAL CONCERNED."Your report will change in the next seven days. Please use this correspondence if you need proof in the meantime.I am telling all the companies that have searched your credit report in the last six months of the change to your information. I had decided to do nothing until next month when the debt would be over 6 years old as advised here. Should I be worried about experian contacting them? Cheers Ian
  2. Hello guy, I was in a similar position to you 6 years ago and I can safely say that the best two things I have ever done was to ring payplan and then tell my wife all about it. I was very fortunate in that she stood by and supported me and I am now debt free. (Well almost!) Payplan really are excellent. Ian
  3. LOL, simple enough answer! Thanks for all your help. I think I will just leave the other thing for at least another month. I am nervous about writing to them, but I just want to sort my credit rating out. I am so annoyed about the whole thing, I thought I had sorted my life out! Ian
  4. Ok, I was only querying it because with all the other loans that have been satisfied on my credit report the File updated for period to shows the date 2004 which was when all debts were paid off. I just wondered why that particular entry is the only one where the File updated for period to shows 2007. Ian
  5. Thank you again. I thought that the six years was from the time that they last tried to contact you, not from when it was defaulted. The trouble is, I don't know when they last tried to contact me because they may have been writing to the original address. I am worried that if I contact them, then they will then contact me, thus starting the whole process all over again. Just on another topic why on the credit entry below is a loan that was satisfied 2 years ago still having the file updated in 2007. File updated for period to: 04/02/2007 Account type: Loan Started: 22/11/2000 Default Balance: £2,776 Current Balance: Satisfied Repayment Period: Monthly Payment £71 over 84months Defaulted On: 10/02/2004 File updated for period to: 04/02/2007 Status History: (brackets indicate most recent status) [ ] Thanks again, this is a fantastic forum! Ian
  6. Interesting, I am sure I had an overdraft at the time. I think we just decided not to include it as part of the payment plan, but I might be wrong about that. Sorry that they were unable to help you as they were genuinely fantastic. Good luck with it all, you will get through it. Ian
  7. Thanks Bigmac. I was suddenly worried because I realise that I have posted this in the wrong part of the forum - sorry about that. I have included the credit report entry below. Does anyone know what File updated for period to means? Is the date significant here? I will now write to Hillesden to find out what it is all about. Ian Entry Number: Name and address: Date of birth: Company name: HILLESDEN SECURITIES LIMITED Account type: Credit Card / Store Card Started: 15/01/2000 Default Balance: £1,299 Current Balance: £1,020 Defaulted On: 06/02/2002 File updated for period to: 21/03/2004 Status History: (brackets indicate most recent status) [ ]
  8. Hello Redbird I sympathise with your situation has I have been there. I am sorry but I can't answer all your questions but you might want to look at using payplan. (Free Debt Management company | Payplan) They are a COMPLETELY free debt management agency that don't seem to be that well known. They are paid for by the loan companies themselves. I have nothing but huge praise for them, they dealt with all the companies. Any letters I received I just sent straight to them, they even managed to reduce many of the debts. They are fantastic. All you do is make one payment to them each month and they sort the lot out. They will work out how much you should pay and then distribute it. Have a look at their website. They really took the worry out of the whole thing for me. Ian
  9. Hello everyone, I posted this in another thread, but I think it may have been a thread that was too old, so I have started a new one. I had lots of financial problems a few years back but 4 years ago I paid off all my debts - or so I thought. Since paying them off I have had a mortgage with Northern Rock which was accepted with no problems. I have been trying hard to rebuild my credit rating by very sensibly using a credit card from capital one and I thought all was great. Two weeks ago my partner and I had a mortgage turned down because an Experian credit check shows a defaulted entry for Hillesden Securities for over £1000. This was a great shock because I thought I had paid all the debts. I can't remember this company, but bear in mind I was in debt with at least 10! But I can't have had a letter from them for at least 4 years because I paid all my debts of 4 years ago and have not had any threatening letters since that time. I have read about the Limitations Act "Should the creditor fail to maintain contact with the debtor, for a period of 6 years or more, it is possible to claim that the outstanding debt is "Statute Barred" under the conditions of the Limitations Act 1980." However, I do not know when the last time Hillesden Securities tried to contact me or even if they ever have. Also the debt is registered with an address that I lived at over six years ago, if Hillesden Securities have tried to contact me at this address then presumably they could argue that they have tried to maintain contact. Also if I contact them to ask about all of this then presumably the six year period starts all over again. I really don't know what to do. If anyone has any advice I would really appreciate it, I am starting to feel like I did 4 years ago when I was in so much debt - thought this was all behind me. Thanks for any help Ian edited
×
×
  • Create New...