Default found on a account closed

[nonethewiser]

Hi people, thanks to all for the warm welcome!

I have been reading a lot of threads lately for removal of defaults as I have recently applied for a loan and got declined. upon finding this out I went and got my credit report and found that I have a default against me by Lloyds for a current account. now to my knowledge this account was closed in 2005 aprx. So I have NO idea why I have a default against me as I thought the account was closed years ago. I have no paper work for the account in question being closed as these were destroyed years ago as I thought I didn't need them any longer. This default is for £978. I really don't know how to go about trying to get this removed getting information about it or anything. I don't want to go the wrong way and cause my self problems. I have made a mistake of phoning the bank up, but they have said they have NO account information about me let alone anything about the default.

Account opened in 1999
account closed in 2005-2006
default placed in 2008
this information is on my credit report.
if someone could tell me what I should do to trying to find why this is happened and if I have anyway of getting off my credit report as I have been declined credit.

Many thanks in advance

[nonethewiser]

Re: Default found on a account closed

just another note.

I have appealed to the decline of my loan request but I have been told with the default being only 3 years old it wont make a difference. All my accounts are run correctly with no hic ups in any fashion. so i do believe that this default is causing me the issue in getting my loan.

But now the loan is not really the problem. the problem is getting this default sorted.

[Deepie]

Re: Default found on a account closed

Have a read here > allaboutFORUMS - View Single Post - Default Templates

Default Removal Template Letters

[nonethewiser]

Re: Default found on a account closed

thankss for the reply.

ive had a look at that before and i thought it wouldn't help me due to the fact its a current account. plus I have no account information what's so ever. no account number or sort code. even the bank couldn't supply me this.

[Deepie]

Re: Default found on a account closed

Check your PM

[nonethewiser]

Re: Default found on a account closed

anyone else got some advice?

[Deepie]

Re: Default found on a account closed

anyone else got some advice?

Niddy is the person to ask, He'll be along soon

[Never-In-Doubt]

Re: Default found on a account closed

Have you seen your credit file with experian / equifax? If not get those then come back to us as without seeing for yourself, we can't help much.

Thing is, a 3yr old default wouldn't matter that much usually so I have doubts. Also the lender wouldn't tell you this, they'd just say "due to adverse data showing on your credit file"...

Please clarify - however it sounds like you may have had interest or summat added to the account prior to closure which kept it open - but the bank should still have written out. Anyway, please advise if you've seen your CRF's.

Cheers

[nonethewiser]

Re: Default found on a account closed

Hi, yes I have seen my credit file. Only with experian though.This is how I found out that I had a default against me.

the loan company wrote " unfortunately on this occasion we cant approve your application. this is because the information you provided means that your application falls outside of our current creditt policy for lending."

[nonethewiser]

Re: Default found on a account closed

But when I applied I checked that I qualified. which i did so that didnt make sense so I checked my credit report.

[Never-In-Doubt]

Re: Default found on a account closed

Hi, yes I have seen my credit file. Only with experian though.This is how I found out that I had a default against me.

the loan company wrote " unfortunately on this occasion we cant approve your application. this is because the information you provided means that your application falls outside of our current creditt policy for lending."

Right ok, so they've inadvertently told you by using that particular quote - well spotted. ie a default would usually mean you're illegible to apply thus would have been instantly rejected. That said, some banks only search back 3 years so for them to have picked up on it must mean its this side of 3 years and/or there are other things since the default that could have warranted a full 6 year search?

Anyway, I digress. Can you actually confirm the details of this default please, ie get your credit file and confirm the basic details as shown here




ie the default date, the amount of default, date updated, settled date (if applicable)...

Thanks

[Never-In-Doubt]

Re: Default found on a account closed

Hi people, thanks to all for the warm welcome!

I have been reading a lot of threads lately for removal of defaults as I have recently applied for a loan and got declined. upon finding this out I went and got my credit report and found that I have a default against me by Lloyds for a current account. now to my knowledge this account was closed in 2005 aprx. So I have NO idea why I have a default against me as I thought the account was closed years ago. I have no paper work for the account in question being closed as these were destroyed years ago as I thought I didn't need them any longer. This default is for £978. I really don't know how to go about trying to get this removed getting information about it or anything. I don't want to go the wrong way and cause my self problems. I have made a mistake of phoning the bank up, but they have said they have NO account information about me let alone anything about the default.

Account opened in 1999
account closed in 2005-2006
default placed in 2008
this information is on my credit report.
if someone could tell me what I should do to trying to find why this is happened and if I have anyway of getting off my credit report as I have been declined credit.

Many thanks in advance

Hiya

Sorry having read the above post - you need to first of all find out what is going on and why there is a default so send the following to the bank with £10 - they must respond, and they will have data - if not then the default will need to be removed!

Subject Access (SAR) - Advanced Request

Once they write back with the content of the SAR, update us....

[nonethewiser]

Re: Default found on a account closed

Right ok, so they've inadvertently told you by using that particular quote - well spotted. ie a default would usually mean you're illegible to apply thus would have been instantly rejected. That said, some banks only search back 3 years so for them to have picked up on it must mean its this side of 3 years and/or there are other things since the default that could have warranted a full 6 year search?



Anyway, I digress. Can you actually confirm the details of this default please, ie get your credit file and confirm the basic details as shown here



ie the default date, the amount of default, date updated, settled date (if applicable)...

No there is nothing else just the one default. everything else is in order no late payments or anything that would cause a negative effect on my report

This is my credit file showing the default

LLOYDS TSB BANK PL... Current Account Default £978 03/07/2011 Hide

ENTRY NUMBER: C19

Name:
Address:
Date of birth:
Company name: LLOYDS TSB BANK PLC
Account type: Current Account
Started: 02/06/1999
Default Balance : £978
Current Balance : £978
Defaulted On : 05/06/2008
File Updated for the Period to: 03/07/2011

Notice of Correction: Y3

[nonethewiser]

Re: Default found on a account closed

Hiya

Sorry having read the above post - you need to first of all find out what is going on and why there is a default so send the following to the bank with £10 - they must respond, and they will have data - if not then the default will need to be removed!

Subject Access (SAR) - Advanced Request

Once they write back with the content of the SAR, update us....

Thanks for that, but the problem is i do not have any details about the account in question. I have no account number or a sort code. The top of the template which you have told me to use is asking for these details....well account number anyway

Im really grateful for your time and effort. thanks for helping me with this issue

[Never-In-Doubt]

Re: Default found on a account closed

Thanks for that, but the problem is i do not have any details about the account in question. I have no account number or a sort code. The top of the template which you have told me to use is asking for these details....well account number anyway

Im really grateful for your time and effort. thanks for helping me with this issue

You do not need the account number or anything, as a SAR is about a person not an account (ie all data pertaining to you, not any account) - therefore delete that line and just ensure that you provide your full name, date of birth and addresses spanning the account period, so ideally your last 6 years worth of addresses.

That will cover it, if you can also screen print the actual default notice from Experian and then send a copy with the SAR and say "see attached copy of a default, as I do not know what this is for please supply all details you hold about me"

that would replace the start of the template, so it explains why you attached a copy - plus the code will help them locate you.