whats the best way to pay a debt off with triton

[Groundhog]

Re: whats the best way to pay a debt off with triton

ill get the dates over the in the next few hours im at work at the mo

thank you again

[oscar]

Re: whats the best way to pay a debt off with triton

Yea thats fine if it is defaulted mate?

It is - unfortunately - I just mis understood your post

you would be a king if you could

Niddy is expert at letters - can knock them up in about 30 seconds! (well, not quite, but you get the idea)

[Never-In-Doubt]

Re: whats the best way to pay a debt off with triton

you would be a king if you could

ok no probs just tell me the date that you first ever missed a payment, basically more info - lots more info

I will do the main complaint for you to send to Try-it-On and if they rebuff it you then need to go formal and raise the appropriate complaints with the ICO/FOS etc - I cannot do these as you sign to confirm you filled it in etc and to also confirm its factual which wouldn't be the case if I did it......

[Groundhog]

Re: whats the best way to pay a debt off with triton

want me to do it for you?

you would be a king if you could

[Groundhog]

Re: whats the best way to pay a debt off with triton

as far as i know of, next step is to write the letter

[Never-In-Doubt]

Re: whats the best way to pay a debt off with triton

also i have no idea on how to even think about writting a letter to complain

want me to do it for you?

[Never-In-Doubt]

Re: whats the best way to pay a debt off with triton

Niddy, just to clarify something above - As you know I have account with NW - I have no history on my files - just a big fat D - but registered within the 6 month period. Assume this is ok?

Yea thats fine if it is defaulted mate?

[Never-In-Doubt]

Re: whats the best way to pay a debt off with triton

right so after i missed 6 payments with natwest (who i took the loan out with) they should have put a default on my file, if thats the case there is a good chance the default was more than 6 years ago


sorry if i keep going on

Yes exactly and if so then it'd be off your file altogether wouldn't it...?

[Groundhog]

Re: whats the best way to pay a debt off with triton

right so after i missed 6 payments with natwest (who i took the loan out with) they should have put a default on my file, if thats the case there is a good chance the default was more than 6 years ago


sorry if i keep going on

[oscar]

Re: whats the best way to pay a debt off with triton

Maybe not 6, but at up to three and possibly longer up to 6

As Niddy said above, most searches only go back as far as three years.

Niddy, just to clarify something above - As you know I have account with NW - I have no history on my files - just a big fat D - but registered within the 6 month period. Assume this is ok?

[Groundhog]

Re: whats the best way to pay a debt off with triton

so in a nut shell im going to have problems for the next 6 years, even if i pay it off now?

[Never-In-Doubt]

Re: whats the best way to pay a debt off with triton

email sent

Hiya

Ok that makes a lot more sense, ok as you can see it clearly states "in the last 36 months, the number of status 3+ is 34" which means that you should have been defaulted at least 34 months ago - this is a direct breach of OFT Debt Collection and also reporting of defaults in line with recent legislative changes.

The creditor or DCA should not allow more than 6 late payments to occur before deciding on the default. So you need to work out the date of first missed payment and add 5 more to it - this would be the maximum default date as the lender/dca should record a default within 3-6 months of first missed payment - that means ideally after three months and before six months. The logic is 3 months to get back on your feet, 6+ months is taking the piss - as you've seen here, these entries (unlawful by the way) will affect you for a continual 6 year cycle which defeats the rules - you ought to demand they default you back at the 6th [6] status date otherwise you'll report them to the ICO and raise a FOS complaint. That's all you can really do now, ie go formal and report them.

I have the same issue with HSBC adding a [6] for 5 years lol - its annoying but you need to rely on the regulators to do things properly so raise the relevant complaints only AFTER giving the DCA time to respond to your more formal demand.

use the text I have mentioned above if you want, but there are rules and guidelines for this and they're in direct breach of them all.

[Groundhog]

Re: whats the best way to pay a debt off with triton

email sent

[Never-In-Doubt]

Re: whats the best way to pay a debt off with triton

thats the thing they have never done that, they have always said [6] even though i have never missed a payment with them

ok so before they bought the debt was the status a [6] then? Point is, lets say you were late with the OC they'd record [1], [2]. [3] etc etc

However if they then sold it to a DCA or whatever, they'd carry on the sequence so they'd report a [4], [5] etc until it reaches a [6] at which point if you've still not paid then it'll always be a 6 or changed to default.

can youm screen print the CRA entry and email it me? Just that one entry?

niddy@all-about-debt.co.uk

Then i'll be able to exactly explain how it "should" look. Also, was there an entry from the original creditor, or has that totally gone? If you can remember, what status did they last report to the CRA's?

[Groundhog]

Re: whats the best way to pay a debt off with triton

If you're making a payment to the DCA they'll be recording AP or 0's - they have to.

thats the thing they have never done that, they have always said [6] even though i have never missed a payment with them