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Aggie65

old MBNA debt sold to IDEM

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Hi

 

. I defaulted on my credit card in 2007,

it has recently been sold from MBNA to idem servicing,

 

I am now wanting to get the account settled as I do not want to be owing these ppl.

 

Am I right in thinking that after 6 years the default will be wiped off my credit file?

 

As this is due to happen in November this year,

 

so does that mean I have to get this debt payed before then to get it completely cleaned off my file,

or will it still come off in November even if I pay idem after that date?

 

Or will it reset on my credit file if I pay it in say December and then stay on my file for another 6 years?

 

I hope that all makes since.

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Welcome to CAG :)

 

Yes, correct.. if the original default marker was placed nearly 6 years ago, then it will drop off on it's 6th birthday.. regardless of whether the debt is repaid or not.

 

When was the last payment made to MBNA ?


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If the debt reaches the 6th anniverary of the default in November this year it will be statute barred up to 5 months earlier, ie the date of the last payment.

 

IMO Check credit reference files asap and do not make any payment at this time.


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moved to the MBNA forum

 

lots of simular threads here

 

have a read.

 

MBNA have sold 1000's of debts to this mob

 

phone MBNA or look at your credit file for YOUR last payment date

 

dx


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I am still payingy monthly payment of £20.

 

The "nice" ppl of idem took my direct debit over.

 

I "need not do anything" how lovely of them!.

 

I only owe £900

 

I am looking to do a full and final settlement, if they will.

But I don't no how long it will take me to save some money to offer them.

But having read through hear I don't hold out much hope that they will play ball.

I do want to settle this debt.

As its my last one.

 

But I want to make sure it comes off my file.

 

I don't want to wait and then end up paying after nov and reset it on my file.

 

Thanks for all your replys.

 

I appreciate all your help.

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you dont need to F&F

 

it will vanish in nov whatever you do

 

IMHO i would SAR MBNA and get reclaiming all the late / PENALTY fees and any PPI.

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

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Really? Thanks fantastic then if it just does one. Lol.

I didn't take out the ppi thing with any of my cards so I can't claim any of that :( thank you so much for you help. This is a great site. Your all putting my mind at rest.

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