Barclaycard Default not registered

[snowy]

Re: Barclaycard Default not registered

Hi, Looks like Im in similar situation. Barclaycard account sold to IDR Finance in 2012. IDR Finance instructed Link Financial to manage the account and they have recorded 6's on my credit file since 2012.
I have fired off disputes with Equifax today and complaint letter to Barclaycard,
Info has been very useful on here - thanks

Just wondering if anyone had received any updated from IDR Finance or Link Financial withe regards correcting their Credit Reports?

[cymruambyth]

Re: Barclaycard Default not registered

Thanks cymruambyth.

I wasn't aware those details were on public view, so have altered the details on photo bucket now.

http://s840.photobucket.com/albums/z...nny/Egg%20CCA/

I think that may be one of the reasons that Niddy doesn't like photo bucket! Many years ago it took me ages to work out how to hide my identity

[RonnyBoy]

Re: Barclaycard Default not registered

Hi I have removed the link as it appeared to show your name on photo bucket.

Thanks cymruambyth.

I wasn't aware those details were on public view, so have altered the details on photo bucket now.

http://s840.photobucket.com/albums/z...nny/Egg%20CCA/

[cymruambyth]

Re: Barclaycard Default not registered

Hi I have removed the link as it appeared to show your name on photo bucket.

[SA Gold]

Re: Barclaycard Default not registered

Hi Ronnie,
Just wanted to pop in and say all the best, and also: its best to use the templates from AAD when replying to the lender, debt agencies etc.

[RonnyBoy]

Re: Barclaycard Default not registered

Hi, heres my reply to a CCA I sent to Barclaycard. The card was originally with EGG.



Thanks in advance

[RonnyBoy]

Re: Barclaycard Default not registered

Hi Again,

I have received another reply from BC regarding this account today....

Dear RB,

........Firstly I would like to apologise for the confusion and frustration this matter has caused. As a gesture of goodwill, I have enclosed a cheque for £140.

I can confirm that we are no longer reporting any record of your BC account on your credit file. Our record has been deleted. However, your account was sold to IDR Finance Uk in April 2011 and as they are now legal owners of the debt, they will report this account on your credit file.

The info we sent to them when your account was sold did not reflect a default notice. My investigation found that this should have been the case as we had no arrangement to pay in place when your account reached the stage of our collections process, where formal recovery proceedings began.

I have made the necessary arrangements for our debt sales team to contact IDR finance to have their records amended to reflect the default from December 2010 and I apologise again for any inconvenience caused....

I wasn't expecting that. A big thankyou to DebtMagnet for the letter he posted and to everyone who posted for their advice and support.

Cheers

RB

[RonnyBoy]

Re: Barclaycard Default not registered

Hi Niddy,

I have written to BC directly to try and remedy this matter. They called me last Thursday to say they've received my complaint and will reply within 40 days.

Ronny

I have a reply from BC after sending a letter. Not really what I wanted to hear but what I expected. It read as follows: Dear RonnyBoy, ........ As we have reported accurate data to the CRA, I am unable to uphold your complaint. A default notice was issued to you on 7/10/10 informing you that if an agreement is not made, we may pass your account to our recoveries dept and register a formal default on your credit file. On 23/10/10 an off was received from paypal and a letter was sent to confirm that an agreement had been made. As the amount paid was not enough for a formal plan, your account was still passed to our recoveries dept. A default was prevented as you kept up with your monthly payments of £24. The ICO guidelines state that a default should not be filed " if jointly with the lender an agreement is reached for an arrangement and you keep to the terms of that arrangement". As this was the case for your account, we were unable to register a default with the CRAs. Our entry has now been moved from your credit file permanently and can not be reinstated. As your account is currently owned by IDR Finance UK Ltd, we have no authority over entries that they make on your credit file. We are unable to dictate to them what they can report as it is their responsibility to ensure that their entry on your file is accurate and up to date. I would definitely go the unenforceable route if it wasn't for the fact that I don't want the default added to my file now, as that would drop off in 6 years time. Especially when all of my other defaults drop off in less than 3 years. I'm really looking to see what my options are going forward and any advice would be gratefully received. Kind Regards Ronnyboy

[RonnyBoy]

Re: Barclaycard Default not registered

What's the balance & have you ever CCA'd them?

Hi Niddy,

I have 4 credit cards ( 3 defaulted & the BC one with late payment markers)

Barclaycard £6500 - opened Feb 2002 - CCAd in 2011 - Now with Link Financial - Late payment markers
MBNA CC £5000 - opened Nov 2007 - Never CCAd - Now with idem Capital Securities - Defaulted Jan 2011
Halifax CC £3700 - opened Dec 2004 - Never CCAd - Defaulted Dec 2010
Egg CC £5500 - opened Feb 2000 - CCAd in 2011 - Now with Barclaycard (transferred 2010) - Defaulted Feb 2011

I also have...

Halifax loan £10250 - taken out Nov 2008 - Defaulted Nov 2010
Barclays account £4500 OD - opened Sept 1993 - Defaulted Nov 2010

All balances are current.

Regards

RonnyBoy

[Never-In-Doubt]

Re: Barclaycard Default not registered

What's the balance & have you ever CCA'd them?

[RonnyBoy]

Re: Barclaycard Default not registered

Ergo the original creditors entry ought to read AP from date of agreement to present. It's the OC you need to approach; to remedy the matter.

although why are you paying them? You're defaulted.

Hi Niddy,

I have written to BC directly to try and remedy this matter. They called me last Thursday to say they've received my complaint and will reply within 40 days.

As for your comment in bold.... What are the likely steps a creditor would take against me if I did stop paying anything towards a defaulted account?

Thanks for all you help

Ronny

[Never-In-Doubt]

Re: Barclaycard Default not registered

Ergo the original creditors entry ought to read AP from date of agreement to present. It's the OC you need to approach; to remedy the matter.

although why are you paying them? You're defaulted.

[RonnyBoy]

Re: Barclaycard Default not registered

Yes, I'm still with Payplan.

[Never-In-Doubt]

Re: Barclaycard Default not registered

Are you STILL on a payment plan?

[RonnyBoy]

Re: Barclaycard Default not registered

Are you on a reduced plan? I missed that. If so then status 6 is correct as that's technically an AP albeit non contractual amount is normally being repaid (but not formally such as in a DMP).

Please explain fully what's going on so I can try and help here. If you're paying *something* then it's not defaulted to the CRA's so they'll leave it as status 6 or as AP if it's agreed (ie a DMP).

Hi,

I made my first payment to PayPlan in January 2011 which was distributed between 6 creditors (inc this BC).

The account history on my credit file for this BC, prior to me starting with Payplan was as follows...

MAR (1) APR (AR) MAY (AR) JUN (AR) JUL (AR) AUG (2) SEP (3) OCT (4) NOV (5) DEC (6)....

Of the 6 creditors there were 4 credit cards, 2 of which were actually with BC. The one above(with current late markers) and another one that virtually mirrors the above CRA history...... but this other BC was defaulted Feb 2011.

All 5 other creditors defaulted me.