Very default query

[dilaar]

Hello all looking for a bit of advice.

 

In 2011 I entered into a DMP with my creditors.

One of the creditors was Very.

 

I recently looked at my credit report as I am considering f&f offers

and my very account was showing as up to date and not in default as I expected.

 

I have questioned this with the specialist support team and requested that the default be place on the account.

 

They have sent a letter today saying 'a default will only be recorded on your credit report if you do not make any payments for a period of up to six months.

 

As you entered an arrangement to pay, this was recorded instead of your account defaulting'.

 

Can anyone advise if this is correct?

 

Thanks

[martin2006]

Yes it sounds correct, you should see AP markers instead of a default

[dx100uk]

So you have ap markers?

 

Don't f+f without CCA and reclaiming first on all your debts

 

Hope the DMP was not a fee paying one?

[dilaar]

Hi the DMP wasn't a fee paying one I've been using payplan.

 

Under some of the payment history is says AR some have DM or BB. Are any of these ap markers? I've tried to post a picture for you to see but can't figure out how to do it

[martin2006]

AR = Arrangement to pay

 

DM = Debt Management

 

BB = Sustained Arrears

[dilaar]

Not sure if this will work:

[dilaar]

Thanks for clarifying them for me

[martin2006]

So get a s78 cca request sent off to them

 

Do you have statements showing any fees?

 

If not, also send a SAR request to get all the info they hold on you, costs a tenner but gets all the statements and more

 

Did you pay any PPI as part of your repayments?

Was it mis sold?

 

Plenty to get looking into

 

Do the same for all your creditors, start a new thread for each one but note that not all debts get the same advice, so start the threads for each one first

Edited June 25, 2016 by martin2006

[dilaar]

There is a lot to look into! I'll have to get on to it in the morning and see what response I get. Thanks for the advice I really appreciate it

[martin2006]

Just go through each creditor, one at a time

 

With regards to sending a sar, if you have more than 1 account with any creditor, say for example a bank account and credit card with same bank, then only 1 sar is required as all info will be included for both accounts

[dx100uk]

pers I think i'd be writing to them as well

get them to mark the file as defaulted following your third missed/short payment

 

those markers might harm you for years yet

 

that's if you need a clear file?

 

dx

[dilaar]

I'm hoping to change my mortgage in the next year

and I'm not quite sure how my very poor credit rating will effect my chances

so trying to improve my rating a bit.

 

I've written my letters to Very/shop direct

I've requested CCA and SAR and have also written a reply to their letter

asking for a default to be put on the account following my third missed payment as suggested.

 

I'll be getting postal orders and posting them all tomorrow.

 

Would it be ok to post them all together?

[dx100uk]

per for now

i'd simply send the default letter query/request

theres little point in a CCA request

if this debt is still with the original creditor

 

 

the sar is for all the statements.

if that is necessary at this stage is another matter

your sole need at present is for them to put the default on at the correct date

 

 

you could also refer them to the ICO guidelines that state it unfair to AP/AR etc for years on end.

without a default being placed