Should this come down my credit report any time in the future ?

Sara (Financial Obligation Camel) says

Defaults drop your credit record off 6 years following the default date regarding the credit score.

But needless to say your debt collector may opt to head to court for a CCJ, which will then be on your own credit score for the next 6 years. When they turn you into an excellent offer to be in, accepting it could be a beneficial concept.

We don’t concur because they had closed the account and sold it to a debt agency that I owe the bill stated from the phone company and when I did reach out to them, they couldn’t give any further information.

If We settle to obtain them off my case, would this still maybe not remain for the next 6 years ?

Sara (Debt Camel) says

perhaps you have taken the problem towards the relevant Ombudsman?

We have education loan financial obligation from 1997 that has been sold up to a DCA around 2015. We haven’t made a re re payment or acknowledged your debt since the’00s that are early nevertheless the DCA slapped a standard on in 2017 and state that the reason for action’ started then. Does a financial obligation need to be in standard before an underlying cause of action starts?

Sara (Financial Obligation Camel) says

An student that is old-style debt – we suggest you speak with National Debtline on 0808 808 4000 about it.

I will be from Venezuela. Back 2014 we signed up for a post graduate system in England. In 7 june 2014 We made the very first and payment that is only my tuition costs. To pay for the remainder I happened to be waiting around for the goverment to approve my demand to exchnage venezuelan money into pounds (in Venezuela you want goverment authorization for this types of Transaction.) edited

Sara (Financial Obligation Camel) says

Hi Joeal, your two responses had been really complicated and long. You want anyone to speak to you concerning the information on your situations, see your face is certainly not me.

Hey! Thanks anyway.

We believe I may simply inform the college about my situation that is current my manager placing my agreement on hold and every thing, to see when they can hold back until lockdown is lift here to resume conversation.

We have a debt that is old 2010-2011 that I did not realize had been outstanding to virgin news. When I am thinking of buying a residence recently i finalized as much as credit recommendations agency’s and also this is when we realised this financial obligation had been outstanding. The total amount is small, however although payments could never be drawn in mid 2010 this debt seemingly have never ever been defaulted. In order that it has remained back at my credit file as a merchant account in arrears and payments that are missing date on a monthly basis until June 2020 (present). My real question is just just exactly what recourse do I have with this, since clearly nearly 10years later on this would perhaps perhaps perhaps not be being reported on my credit history and adversely affecting it? I will spend this quantity, nonetheless i would really like elimination of this from my credit history because it’s one thing I became unacquainted with, being nearly ten years old now undoubtedly must not nevertheless be recorded back at my credit history, thought these problems often just stick to the apply for as much as 6years.

Any information you are able to really provide would be valued.

Sara (Financial Obligation Camel) says

Have you continued utilizing the Virgin account? Or even, whenever did you stop?

Please might you delete my surname and sorry for numerous articles.

We have a highly skilled financial obligation from 2010 until I recently looked at my credit file because we are looking to get a mortgage that I was unaware of. The account in arrears is certainly not for many cash and I also am in a position to repay this anytime, but the final contact we had regarding this financial obligation was at 2011 and I’ve had nothing since (We have relocated house etc but e-mail hasn’t changed) it seems this debt ended up being never ever defaulted and has now remained as a merchant account in arrears and missed re payments each month since 2010, but I happened to be entirely unaware. Do We have any recourse for working with this, it is very nearly a decade old it is nevertheless back at my credit account as lacking a repayment on a monthly basis. Are you able to please advise, many thanks ever a great deal