Default date on CRA.. does it matter?

[mariann]

I have been speaking to someone who suggested that I should check the defulat dates on my CRA, as sometimes it's not correct.

 

I have indeed checked them and I think the default date is when I stop paying someone?, I hae stopped paying my bills (due to illness, loss of job and then moving home), in April 2008, but the default dates are July and sometimes even November of 2008.

 

Does it matter?

 

The person I spoke to suggested it does because, they count the the 3 years/6 years from when I have stopped paying and if that's not correct it will take me longer before I can get credit?

 

I have payed everything back and have since opened a Co-op basic account, a Capital One card and a Virgin mobile on a monthly contract, so building it back up.

 

Could someone help me please?

 

Thanks

 

Mariann.

[maroondevo52]

Hi,

 

ICO guidance is that a default should be placed 'timely' and states that this is considered

to be within 6 months of the cause of action (failure to rectify the default).

 

You will have had to miss 3 payments in most cases before defaulting the account.