Late Payment Marker

[lanesra2005]

Good Morning CAG

Been good of late trying to rebuild my file when out of the woodwork , boom someone has the idea to trip you up and back down goes your score. Back around 2006, had an account of cheqeue cashing with a PB, i had a few financial issues and blah blah.

 

I was mentally unwell at the time and I am fairly certain I was issued with a default in around 2008 but not entirely sure, the period of my metal instability. No payments made since then , no contact.

 

On having something turned down I was certain I would get, I checked my file this week and a late payment entry has been made with a marker of 6, Ie no payment made in 6 months. So 2 scenarios, If they did originally default I dont believe they can again, and if hey didnt, can they really place a marker stating no payment in 6 months when its actually been around 8 years?

 

Your advise always greatly received and may ned further on Lowells issues after this

[Old Cogger]

Lowells at it again

[maroondevo52]

Hi,

 

What was the date this late payment marker started ?

[dx100uk]

6 means default not 6mts

 

If the OC defaulted you 2008 the debt should not be showing now

 

Prove it!

[slick132]

So 2 scenarios, If they did originally default I dont believe they can again - This is correct.

 

, and if hey didnt, can they really place a marker stating no payment in 6 months when its actually been around 8 years? - As DX has said, this is not saying there's been no pay't within 6 months. But once the a/c was defaulted in 2008, it cannot be marked further down the line.

 

You need to write to whoever marked the CRA file wrongly and tell them to correct this within 14 days or you'll complain to the ICO and seek compensation.

 

You should also notify the CRA in writing that this matter is in clear dispute so they can mark it accordingly until it's resolved.

 

[lanesra2005]

Hi,

 

What was the date this late payment marker started ?

The date is August 2016 on credit file which is weird as I have had no contact in 8 years

[lanesra2005]

6 means default not 6mts

 

If the OC defaulted you 2008 the debt should not be showing now

 

Prove it!

Sorry dx I need to prove it or them ?

[lanesra2005]

Guys would the fact that no payments or contact had been made I. 8 years mean this is SB ?

[slick132]

It's definitely SB'd if no pay'ts have been made by you since 2006.

 

But you now need to sort this with whoever has placed the recent adverse data on your CRA file.

 

Who placed the marker ?

 

[dx100uk]

You prove it - that it was defaulted by the OC

Send whomever owns the debt the letter giving 14 days to remove the account

[lanesra2005]

You prove it - that it was defaulted by the OC

Send whomever owns the debt the letter giving 14 days to remove the account

Thats the issue DX athough I recall a few defaults around that time I can not say hand on heart this was one, I guess I am looking to establish if after 8 years without any communication they can mark my file with a default? With the SB can they still default after such a long period of time?

[dx100uk]

Then you'd have to sar the OC.... Who is?

And what's the debt and who's the DCA?

 

Debt might not be SB,d in their eyes

[lanesra2005]

It is H and T pawn brokers, I used to cash my personal cheques there back in the day with a post dated cheque and card.

[Bazooka Boo]

Cashing cheques won't cause a default surely??

[catquest]

Could have been an unpaid cheque which was guaranteed by a card which the bank had cancelled

[obiter dictum]

I cannot see how the Pawn Shop can register a Deault even if it was a cancelled cheque. You are not entering into a credit agreement with that Pawn Shop but a service agreement. That is how i see it in my own opinion anyway