[B][/B]Unknown Defaults logged on Credit Report

[BIGMAN2708]

I have been looking through my credit report recently and have noticed four defaults registered on there. Two of these from Lowell Portfolio, a third from 123 Debt Solutions and a fourth from 1st Credit Ltd.

 

I have never received any written notification of these defaults and want to know what routes I need to take to dispute the defaults as I am paying back the debts on a monthly basis.

 

Any helpful advice will be gratefully appreciates as always.

[sequenci]

Hello there.

 

If you have breached the terms and conditions then it is likely that the defaults could be legitimate. The fact that the debts are now with DCAs would indicate that payments have been missed/reduced at some point, is that right?

[ims21]

Two threads merged and tidied.

 

Please stick to this one thread for this issue

[BIGMAN2708]

Hi, payments were missed with the original debtor but the defaults were added by the DCAs even though I had agreed monthly payments.

[Isiris]

Think you will find that as the DCA are now the owner of the debts, they have merely changed the name on the default notice. The date of the default will still be the same.

[BIGMAN2708]

I see what you are saying but the credit report indicates that the dafault notice was issued after they had taken over the accounts. But I never received a copy of the notice. Just need to know if this is enforceable I have room for complaint?

[sequenci]

The default date should be reflective of the date the accounts actually defaulted, you are likely to be able to complain about the dates being incorrect. That in itself may not affect the enforceability of the credit agreements.

[BIGMAN2708]

That is the point I am trying to get across. The accounts were taken over by the DCA, a payment plan was put in place but they still added a default notice even though payments were being made. I am not querying the enforceability of the agreements, I agree that I owe the money but not to have defaulted. Does that make sense?

[sequenci]

You must have defaulted foe DCAs to have got involved, they wouldn't normally take a debt over if you had adhered to the terms of the contract?

[BIGMAN2708]

I never received a default notice from the creditor, which is why there is this confusion. What I need to know is, can a default by registered on my credit report without receiving the original default notice?

[sequenci]

What type of debts are they?

[BIGMAN2708]

Two unsecured loans (£324 & £198), credit card (£429) and bank current account (£388)

[brokebutnotbeatn]

YES. You did not stick to the payment terms of your original agreement. The default is a record of how you handled your account. Ergo you are in default. The fact that you subsequently arranged lower payments is not relevant. If you are trying to find out if you can get them removed from your credit file, it is hard enough to do this with everything in your favour. Sorry.

[BIGMAN2708]

Okay, that’s fine. Thanks for your help.