Unpaid store card showing as settled

[callum84]

Hi there,

Ive been trying to clean up my credit history and sort out some unpaid debts from a few years ago.

 

My defaults have now all dropped of as 6 years have passed and ive been running my finances flawlessly for last few years.

 

When i checked today my experian score is now 880 which is a damn sight better than this time last year.

 

I now only have one negative on my history which is a store card which is showing settled in 2008, last payment i made was aug 2007.

 

I have never settled this debt and it has for some reason stopped at 6 and not defaulted.

 

Can a default still be added to this debt after 5 and a bit years?

 

Any idea why it might be showing as settled with a balance of £0

 

Im assuming my best course of action would be to leave it be for the moment until it drops off later this year or would paying it be a safer option?

[callum84]

Should have mentioned I'm in Scotland

[dx100uk]

it means the debt has been sold to a DCA phishing list

 

and they are awaiting some fleecer to buy it.

 

paying debts that have a default against them DOES NOT remove the default.

 

dx

[callum84]

it means the debt has been sold to a DCA phishing list

 

and they are awaiting some fleecer to buy it.

 

paying debts that have a default against them DOES NOT remove the default.

 

dx

But can a default be added after the time that has elapsed as I've not had one yet and would like to avoid it.

[dx100uk]

a default marker can happen at any time

 

you say its at 6

 

so that means its 6 payments late

 

and just being updated.

 

strange yes

 

can it be defaulted

 

i'e a default notice issued...

 

no, but it has happened

 

is there a default date on the debt summary?

 

dx

[callum84]

No there's no default date.

It was 6 payments late then marked as settled back in feb 2008.

Balance showing £0

[dx100uk]

what dates range are the 6's covering?

 

and yes its extinquished under scottish law now.

 

dx

[callum84]

There is only one 6 and was the last update on 2/3/2008 showing a balance of £0.

Current balance: Settled

Settlement date: 25/2/2008

[callum84]

http://i47.tinypic.com/2h2f8ue.jpg

[dx100uk]

not a store card thats a loan of some sort

 

so as it stands it will fall off 6yrs from the settled date.

 

as it stands its extinquished under scottish law

 

so it now dead.

you owe nowt.

 

where is the store card coming from

 

i cant say why but cit debts are iffy at best.

 

they prob owe you.

 

you could sar them

 

but its doing you no harm

 

and wil not affect credit

 

dx

[callum84]

not a store card thats a loan of some sort

 

so as it stands it will fall off 6yrs from the settled date.

 

as it stands its extinquished under scottish law

 

so it now dead.

you owe nowt.

 

where is the store card coming from

 

i cant say why but cit debts are iffy at best.

 

they prob owe you.

 

you could sar them

 

but its doing you no harm

 

and wil not affect credit

 

dx

Your absolutely right, its not a store card, was finance on a laptop from dell. My mistake.

So i shouldnt worry myself about a last minute Default getting put on there? Im guessing worst case if it did be able to get it removed.

Thanks for your help.

[dx100uk]

that sounds more like it

 

you'll prob find their is PPI & PENALTY charges anyway.

if it does get silly

 

i'd not worry

 

dx