Equifax - strange goings on

[1mper1um]

As far as I understand it,

 

your credit file goes back 6 years yet my credit file shows history on certain credit agreements going back to 2005.

 

On top of that,

despite having just the one default and some missed payments for a mobile phone contract in 2008

(when I was in dispute with the company)

 

my credit score overview says

 

"you are currently not making all of your payments on time and are several months late in making some/all payments"

even though I am making full payments.

 

My default ends in 3 months and I've been a good boy for over 5 1/2 years now.

 

And a couple of credit agreements that were listed

- including perfect repayment history loans

- have mysteriously vanished despite only being paid off this past 6 months or so.

 

How come?

 

Finally,

can I get some clarification on how long I'll be affected by an expired default?

 

I assumed the 6 year blacklist was the punishment and when it goes I will be free

but when I went to a mortgage advisor expecting to get the all clear to look for mortgages when my default expires,

he said that lenders look over the past 3 years and will see that I was served a default in that time and will black list me.

 

That turns a 6 year credit blacklist into a 9 year blacklist.

 

Is he right?????

[dx100uk]

time to blow some 'myths' out the water.

 

there is no such thing as a blacklist...mumbo jumbo...

 

defaults...

All references to a defaulted debt must be removed from your credit files after 6 years

has passed from date of default, whether paid off or not.

.

the WHOLE ACCOUNT WILL VANISH, never to return.

.

however, this does not mean the debt itself is not still owed

consider a CCA request.

.

This is so that someone who continues paying something

- even after 6 years from default

- should not be at a disadvantage to someone who pays nothing after default

and ends up with a clean file after 6 years.

 

later markers will be included in the history of a debt

for 6yrs after the debt is cleared through normal payments.

[1mper1um]

I've not paid as they failed to provide a true copy of the credit agreement (this was a card taken out in 2003 so I am covered to do this - unlike people post 2006).

 

Most important question is about the extra 3 years that my mortgage advisor was talking about - can you expand on that please? Or was he confused and not a good advert for mortgage advisors?

[dx100uk]

prob means they like to see three years of good money management.

 

so once the defaults and the accounts they are on go

 

you'll have existing credit that you are managing properly

 

dx