MKDP and old Welcome Finance loan on credit file from 2007 - help

[scotty7kids78]

Hey,

 

Can someone please offer me some advice here in relation to my option (if any).

 

Just gained access to my credit file and see that there are 2 loans listed against me,

the first one of my car loan from ACF Finance which I will post later on to get some help with these cowboys.

 

 

The other is from a loan I took out in 2007 with Welcome Finance

who had their credit licence removed from them I believe a few years back.

 

 

The WF loan I unfortunately fell behind with after being losing my job and ended up defaulting on

after they starting applying their massive fees and other charges.

 

 

From memory the last payment was made in 2007

however this is still showing up on my credit file.

 

 

What it appears to show is that MKDP who probably purchased this loan ended up registering a default on my credit file in 02/01/2010

yet the loan way taken out in 22/10/2007 and defaulted 3 months later.

 

 

Does the 6 year period for statue barred account start from 2010

or is there something a miss with the originally creditor not placing a default on my account.

 

Can anyone help me some advise with this one please?

 

Many Thanks

 

Scott

Edited December 30, 2014 by scotty7kids78

[dx100uk]

welcome would have defaulted before sale.

 

 

the 'debt' will remain on the CRA file for 6yrs from the defaults date

theres little you can do about its late filing now I feel.

 

 

you need to sar welcome

[havinastella]

If this was originally defaulted in 2007 and MKDP reset it to 2010, you need to complain to there compliance manager. If you have concrete proof, it would help your cause.

[scotty7kids78]

thanks for the reply - would contacting their compliance manager in anyway effect the "statue barred" status of the debt ?

[havinastella]

thanks for the reply - would contacting their compliance manager in anyway effect the "statue barred" status of the debt ?

 

None whatsoever. Once SB it cannot be undone.

[scotty7kids78]

hang on

- I am pretty sure that when they sent all the details to me recently when I completed an SAR

there was some info that suggested that Welcome had placed the account in default

and this was before the date that MKDP placed their default?

[scotty7kids78]

None whatsoever. Once SB it cannot be undone.

 

thanks

[dx100uk]

so you've already sar'd welcome?

 

 

dx

[scotty7kids78]

I have yes - a few months back and never got round to doing anything about it however

 

 

I am sure that they have send me the account action file and it show that a default was registered

[dx100uk]

prove it in the comms log

 

 

and send a copy to MKDP demanding immediate removal of the debt from all CRA files

else you'll seek compensation re the Durkin case then

 

 

dx