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What effect does an incorrect DN have?


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Hi

 

I have a loan which started as a secured loan but since i sold the house is now unsecured.

 

When i checked my credit file it now says the account has defaulted however i didnt received any notice of default or anything about this from the lender.

 

How does this effect the loan? If i raise this then wont they just take the default off and do it again properly?

 

There is a chance this company wont be around for much longer, do you think it would be worth waiting until they have gone then taking this up with the DCA that takes it over?

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