How to remove expired default from credit file?

[Depo]

Hi guys,

 

I have following defaults on my file:

 

Default for 1832£ on 25/05/2003, settled on 03/02/2005. Barclaycard.

 

Default for 145£ on 04/03/2003, settled on 24/09/2005. Three mobile.

 

Default for 24£ on 31/05/2007, settled on 07/02/2008. Virgin Media.

 

When do they expire - when placed on file or settled? If first two are expired, how do I get them removed? Send letter to Equifax or to company who placed it? Is there a special template for such a letter?

 

Thank you.

[craigers]

Contact the CRAs and ask for the Barclaycard and Three defaults to be removed immediately as it is over 6 years since the date of default.

[Depo]

They replied with this:

Thank you for getting in touch.

 

Credit Agreement: Barclaycard Centre (I) / XXXXXXXXXXXX3000

 

This account was satisfied on the 03/02/2005 and will remain on your credit until 03/02/2011.

 

Credit Agreement: xxxx (I) / XX1498

 

This account was satisfied on the 24/09/2005 and will remain on your credit until 24/09/2011.

 

Credit agreement information remains on your credit report for a period of six years from the date that the account was settled or defaulted, which ever occurs first.

 

I hope you find this useful. If there’s anything else we can do for you, please let us know.

 

Kind regards

 

Equifax Customer Services

[craigers]

Thats nonsense. Proof that CRA staff don't understand the system. The poor goon has contradicted themself. As per their own text, the account drops off 6 years from whichever event occurred first. In your case, the default occurred almost a full 2yrs before the settlement. The maths ain't difficult.

 

If an account defaults, it doesn't matter what happens after that default, the account must be removed after 6 years. If it wasn't the case, you could be punished indefinately. For example, your account defaults on 12/06/2003. You don't make any further payments to the account. the six year date passes on 13/06/2009 and the default drops off your file. Imagine on 01/03/2012 you decide to pay a vastly reduced sum to the DCA chasing you just to stop them harassing you. DCA puts default back on CRF with settlement date of 01/03/2012. This wouldn't fall off until 02/03/2018. Hardly fair, is it?