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Do defaults go on all agencies?


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Good Morning,

 

I have a quick question (hopefully).

 

If a default is recorded against an account, would this be logged with all 3 agencies?

 

I am being chased for a very old debt which I beleive it is Statute barred. I have my experian report from last year and there is nothing on there, but do I need to get the other two reports to make sure?

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Hi, Yes more than likely, although many creditors use different

combinations of the three and some use a diifferent agency accordind

to the credit product.

It is safer to check all 3 if you intend to notify the creditor that a debt

is SB.

SB is 6 clear years from the date when a payment was due and not made

and after which no further payment or acknowledgment in writting was made.

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

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Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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Not necessarily, all defaults are removed after 6 years paid

or not you need to establish when the last payment or written#acknow ledgment

was made.

There must be 6 clear years of no payment (any payment restarts the Clocvk.)

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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