Safety Net Credit PDL repayment and CRA File

[tezza1234]

Hi all, just want to confirm what i propose to do is correct.

 

i had a £140 credit limit with SafetyNet Credit (owned by indigo michael)

it was origonally showing on noodle as a credit card type service,

 

 

i got it, paid it back,

got it again, paid it back etc....

 

 

eventually i got in to some issues paying it back so

A. i changed bank accounts and

B. i wrote to my old bank asking for any CPA from them to be declined in case any money did go in to old account.

 

 

This is a fairly new debt and the total balance is now £185 which i don't think is too bad to be fair, they have stopped the interest etc..

.. and i have said i will pay the £10 per month for 6 months then £30 per month for 3 months and £35 on the last month,

so the balance will be clear in 10 months, they accepted this.

 

My question is,

this debt is now not showing on noodle anywhere,

not as a late payment,

not as a default,

not as a closed account,

it has just vanished,

 

 

i said to safetynet credit that any payments i make are on the condition a default is not place on my credit file,

marked as a late payment, fine, and fair, ill accept that, but not a default

as we now have a aggreament in place to pay it off,

 

 

they said we can;t garuntee this and a default may be placed but they were not sure,

i just replied with, if a default is placed the payments will stop.

 

Why has this vanished off noodle, why does it come under a credit card when it is more of a PDL type thing.

 

Am i doing the right thing. Advice always welcomed

[mikeymack2002]

It could be it's being sold or transferred to a DCA it may turn up again soon

[tezza1234]

It could be it's being sold or transferred to a DCA it may turn up again soon

 

I have been in Direct Communications with SafetyNet and they have agreed the repayment plan, what is my next step if it is handed to a DCA, deal with them or just continue to pay and deal with SafetyNet

[dx100uk]

You ignore any powerless dca until/unless you receive a notice of assignment

[tezza1234]

So do i just start the repayments as agreed with SafetyNet and keep checking my CR to see if/when it pops on again.

[dx100uk]

Have you explored irresponsible lending route?

 

If your credit file was crap or you already had numerous loans when you got this one

It might be a case of this being written off?

 

But if you are happy to pay do so