Jump to content


Defaults


NotPPIsavy
 Share

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3036 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Can some one please explain this?

 

As I understand – in 2011 Jan-March has late payments between 3-4 and April put on a Default. Is this normal?

Thought you need to have 8 late payments.

 

2010 has late payments as being in April, July, Aug, Oct, Nov and December.

 

2011 – Jan (4), Feb (3), March (4) April (D)

 

2010 – Jan-March (Green), April (1) May-June Green, July (1) Aug (2) Sep (Green) Oct (1) Nov (2) Dec (3)

 

However, according to my records, this is not the case.

 

In 2010 missed in April, July, Oct and Nov. Paid in Dec.

I have paid twice in May to catch up the missing one on April.

 

2011 – missed – Jan, March, and although paid in April it went to May.

 

Had a ‘D’ in April.

 

I don’t understand this?

Link to post
Share on other sites

its 6 not 8 late payment markers before it auto goes D default.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Thanks Dx. But I don't understand this - How can I have 4 late payments in January? - if that's what (4) means against January, and (3) against February and again (4) in March 2011. They put a Default in April 2011. You only get 1 Statement per month.

 

2011 – Jan (4), Feb (3), March (4) April (D)

Link to post
Share on other sites

each time you are late it is counted

 

ok they cant count

but after 6 late payments [in total]

the cra system auto marks it D.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

oh Ok. thanks DX. So the numbers against each months does not relate to anything? Yes, when its all counted it comes to 6.

 

But how can they put a D mark when I actually paid in February for Jan and Feb and in April for March and April. although it went to May statement. - I am still confused....

Link to post
Share on other sites

you are still late twice there.

 

and in jan it was already at 4

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Well an account is defaulted normally when the company believes there has been a breakdown in the agreement and comms right?

So in theory 4 late payments could be considered a breakdown right?

 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Link to post
Share on other sites

Thanks Dx. But I don't understand this - How can I have 4 late payments in January? - if that's what (4) means against January, and (3) against February and again (4) in March 2011. They put a Default in April 2011. You only get 1 Statement per month.

 

2011 – Jan (4), Feb (3), March (4) April (D)

I thin k you will find that the 3 and four refer to your credit rating which goes 1 to 5. the more you miss the greater your score.

Link to post
Share on other sites

nothing to do with the score as such

if you READ the notes on the site or the report

the circled numbers relate to the running total of missed/late payment markers recorded on the account.

 

ie HOW you operated the account.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...