Intrium Justica and Welocme finance

[drewx23x]

Hi,

 

I have been trying to repair my credit over the past few years and still

 

 

there is one debt that I don't know what to do regarding wrong information being reported to the CCA.

 

I took out a loan back in 2006 with welcome finance and never paid it for some reason or another.

Young and stupid!!

 

The debt was marked as 6 payments late for years according to my credit report..

Surely this is wrong and it should have been defaulted within 6 months?

 

Account Type: Loan Started: 24/04/2006

Default Date: 13/06/2012

 

My last payment or contact with them or a debt collector I think was 01/09

I would have thought that it would be nearly statue barred.

 

I have recently looked up my credit report as I'm getting married

and would like to get a mortgage sometime in the near future..

 

The account is now being reported by another company called Intrum Justitia

and states that it was defaulted on the 26/05/2012.

 

Now can I do something about this as if it had been reported as defaulted back in 2009

It would be or nearly statue barred.

 

I have been reading on this site about sending letters and complaining

but I don't know who I should contact or even if I should though I would like this sorted.

I have put in a complaint to the CCA but I don't know what this will do.

 

Thanks in advance

[fkofilee]

I believe you can still have a default on your Profile yet it be Statute Barred...

I believe it is from the last payment which was made...

 

But the site team will need to tell you more.

[drewx23x]

If it was statue barred I think it would say so or turn green as opposed to red. Well whats what I have read online...

[fkofilee]

@I think you are falling into the trap here with CRAs and Welcome in particular...

they were very bad t reporting this stuff. Lights mean nothing, its the account status...

Welcome defaulted a lot of there accounts well past their time they should have been but due to the ICO there is nothing you can do about that.

[drewx23x]

The ICO says that an account has to be reported defaulted within 6 months of late payments??

[ims21]

Are you sure that it is the default date that is recorded and not just an update of when the new owner of the account took it over?

 

I would be inclined to SAR Welcome to find out what the actuality ids on the account.

 

Statute barring has no effect on what is recorded on a credit file, the two are not linked.

 

You do need to find out what has happened with regard to the actual default date and what appears on your credit file though.

[BRIGADIER2JCS]

Are you sure that it is the default date that is recorded and not just an update of when the new owner of the account took it over?

 

I would be inclined to SAR Welcome to find out what the actuality ids on the account.

 

Statute barring has no effect on what is recorded on a credit file, the two are not linked.

 

You do need to find out what has happened with regard to the actual default date and what appears on your credit file though.

It looks like you have fallen foul of Welcomes policy of defaulting delinquent accounts immediately prior to selling them off, having kept the account "live" by using late/missed payment markers.

 

This problem has been addressed in the past by making a formal complaint to Welcome

querying the late and unfair default .

 

Although the ICOs view of this has changed somewhat in regard to this situation

it should be possible to get the default date reset to the approximate date of the last payment

and/unequivocal written acknowledgment of the debt.

[perplexedofdorset]

Brig darling, your inbox is full!!!!

I've got a message for you.

[dx100uk]

get an sar off to welcome

 

 

dx

[drewx23x]

So not to the DC as they are the ones chasing the debt?

[dx100uk]

as I said to welcome.

 

 

get reading in this welcome finance forum to.

 

 

dx