Old Debt on Credit Record but Not Being Chased !

[bgqs]

My wife has two bad entries on her credit record.

 

The first is Welcome Finance for £3k despite 50% of the balance being paid and the car being VT'ed over two years ago.

 

The second is for Marlin for over £6k. Again, this car handed back with more 50% being paid.

 

Whilst I do not want to open a can of worms, I want these entries removed but will not be able to do this unless I write to each company requesting the entries to be removed.

 

My queries are as follows:

 

1) Should I CCA and SAR both companies to ensure that the 50% of the agreement amount has been paid ?

 

2) My wife does not work and receives no support as my salary exceeds the income based assessment to be able to receive jobseekers/income support. How can they attempt to recover payment when my wife has no savings nor income ?

 

Any help would be appreciated.

[maroondevo52]

Hi,

 

If your talking about defaults, they will remain on her credit record for 6 years.

 

Regards.

 

Scott.

[bgqs]

No, they are not defaults. These are balances sat on her credit record which have not been requested by the respective companies.

 

I really need advice on how to tackle this first and foremost to understand the best way forward.

[bgqs]

Anyone ?

[PGH7447]

write to the cra involved and state you dispute theentries, they then have to investigate with the companies involved, but you will be opening a can of worms so be prepared

[postggj]

my advice would be

 

leave well alone

 

how old are these accounts

 

i take it marlin is a yes car account

[bgqs]

Marlin is an online finance car agreement. The default was given in dec 2004. Should I leave until dec 2009 to show the 'status barred' card ? (I am in Scotland however, the agreement was taken out in England so would the limitations be 5 years or 6 years ???)

 

Or do I open the can now as it will take two months for them to find the agreement and for the charges/PPI/value of the car when handed back to be deducted !

 

I cant just leave them there because they are affecting my wifes credit rating.

[PGH7447]

its dec 2010 unless you are in scotland

[bgqs]

Thanks PGH7447, is that the case even though, the agreement was taken out in England in 2001 ?

[PGH7447]

its 6 years from last payment or written acknowledgment - 5 in scotland

[bgqs]

So should I SAR, CCA or send them the 'Prove It' letter (even though they haven't asked for it !).

[PGH7447]

cca the dca / sar the oc

[postggj]

again

 

leave well alone

 

you will regret it

 

but its your choice

[royalscot]

its 6 years from last payment or written acknowledgment - 5 in scotland

This debt will continue to show on your wifes credit file until dec 2010 . The cra`s will not delete it until the six years are up regardless of wether your in Scotland or not . I`m in Scotland and the same has happened to me , i contacted the cra involved and got written confirmation , even although its statute barred ...I would leave well alone until the clock has well and truly stopped .

[bgqs]

Oh.....okay I didnt know that...I think I will leave until early 2011 then ;(

 

Thanks all....much appreciated