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Quick few questions about the 6 year default rule


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Hey,

 

A few years ago I was getting some hassle from Lowell(?) about an old Barclays student account that had gone a bit out of control during my student days.

 

I've been in Australia for a couple of years, and am due to return in January next year (2013). Before I left I made a note of the Lowell details and it showed a default date of 26/07/2006.

Does this then mean, that if I were to check my credit report after this date I should no longer see the default?

Or if it is there, I'd be able to write to Experian (I think it's with them) and ask them to remove it as it's been 6 years?

 

Also, when this default is cleared, what then happens to my credit report? Will it look better from a lenders point of view (despite having no other form of credit - so not looking that great to them), or will they still know that I had a default account?

 

BTW, this isn't so I can apply for a credit card/loan/od and let it go out of control - I've not applied for any form of lending since this Barclays account - but more because I'll be coming back and looking to buy a house with my savings and need to improve my credit rating to get a good mortgage deal.

 

Thanks for your time and help.

 

G

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you should no longer see the complete account if you've not used it!

 

sadly though

no credit or any accounts on your cra file

plus no voters for XXX years will most prob kill it dead.

citizenB has just replied to a thread you have subscribed to entitled - Help! - Natwest have instructed capquest - large debt - in the Debt Collection Industry forum of The Consumer Forums.

This thread is located at:

http://www.consumeractiongroup.co.uk/forum/showthread.php?t=330724&goto=newpost

Here is the message that has just been posted:

***************

not all the creditors/dcas report to ALL of the CRAs.. so to obtain a full check, you really need to contact the 3 main players.

 

Company Secretary

Equifax Limited

Capital House

25 Chapel Street

London

NW1 5DS

 

 

Company Secretary

CallCredit Limited

1, Park Lane,

LEEDS

West Yorkshire

LS3 1EP

 

Company Secretary

Experian Limited

Talbot House

Talbot Street

Nottingham

NG80 1TH

 

You can either complete the forms online or send a letter (below) with a £2.00 postal order.

 

---Quote---

 

Address

 

Company Secretary

CallCredit Limited

1, Park Lane,

LEEDS

West Yorkshire

LS3 1EP

 

Dear Sir or Madam,

*Limited Data Subject Access Request

s9(2) The Data Protection Act 1998*

I hereby request a copy of my Statutory Credit Report, served under s9(2) of The Data Protection Act 1998.

I enclose the Statutory Fee of £2 paid via Postal Order, number: 123456.

For the purposes of confirming my identity, I can confirm the following details:

*My full name*:

*My Maiden Name: *

*My Date of Birth*:

*My current Address*:

 

I have lived at the above address for XX years.

 

I note that under s7(3) of the above Act, a data controller is not obliged to comply with a request under this section unless he is supplied with such information as he may reasonably require in order to satisfy himself as to the identity of the person making the request and to locate the information which that person seeks.

However, I feel the above information identifies me sufficiently to discharge your obligations to establish my identity before posting my Credit Report.

I am aware that you have 7 Working Days to post the Credit Report to me, commencing the day after this s9(2) Statutory Request has been delivered to your Company.

*This letter must not be regarded as granting your Company any Data Consent*.

Yours faithfully,

citizenBcitizenBcitizenBcitizenB

citizenBcitizenBcitizenBcitizenBcitizenBcitizenBcitizenBcitizenB

citizenBcitizenBcitizenBcitizenB

*Enclosures:

*1 x Statutory £2.00 Fee via Postal Order Number: 123456

*Notes*:this letter is being sent via Royal Mail Special Delivery service

---End Quote---

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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As to what happens to your credit report supplementary

to dxs post, the removal of a default will not in any circumstance

dramatically improve your credit rating.

Most lenders are looking for at the very minimum of three years

stable credit history but more and more ( and in particular) mortgage

lenders are looking at up to six years history.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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