Default Drop Off Date

[Fishol]

Hi guys,

The clocks almost up on a 6 year old default which expires in July 2014, it's statute barred as the last time I corresponded with the company was September 2007 and last payment was August 2007 but it took almost a year (July 2008) for them to register a default which i think is unfair. I have just checked my credit report and there are 2 records for the same loan both showing as default, one for the OC and one for the DCA is this allowed?

Problem is I've seen a house and need to apply for a mortgage as I'm currently renting, do I just wait it out or is there anything I can do to wipe it now? There is a doubt in my mind as to whether they executed the default correctly as the last official post i have from the OC is a notice of intent to default but they never delivered the actual Default Notice or Termination letter, seeing as it Statute Barred would you do a SAR to see if the letters exist and if not pursue it?

[Tuttsi]

Re: Default Drop Off Date

Have you checked your credit status with Equifax or similar?

[Never-In-Doubt]

Re: Default Drop Off Date

As it's only a couple of months I'd wait and not argue things.

But it get your credit file and see when the default date reads as.....

[Fishol]

Re: Default Drop Off Date

Yes i've checked with checkmyfile and Callcredit and both show default date of 11th July 2008, just a bit gutted as this house I've seen is perfect and I feel it will go quick. Yes I agree to get this close, why wake a sleeping dog? can I get them removed on the day it expires?

[Never-In-Doubt]

Re: Default Drop Off Date

It should auto drop off on the day but can at times take a few weeks - but you can chase it. You're using the worst CRA. Pay £2 for statutory Experian & Equifax. That's who lenders will use! Do it online so you can argue on the day for removal.

-> http://forums.all-about-debt.co.uk/s...wfull=1#post75

[Tuttsi]

Re: Default Drop Off Date

Not all lenders will take 1 default which has nearly expired. You could talk to the broker or lender and explain the position and see what they say, some my not take into account 1 fault which is almost out of time. You have nothing to lose.