Dont rely on template letters. All the banks and finance companies have people who are on these forums and if you just send templates they may want to try it on. It will take a long time to get things sorted. All defaults and ccjs of mine are less than 2 years old so I would rather fight than wait anothr 4 years. I have been working on this a month now and have sent 12 letters to date to 3 different organisations and have managed 1/3 defaults removed.

Ok i have managed to find you this Data protection act 31. The date of default recorded on the file should be the date on which a decision to file a default becomes effective according to the criteria discussed in paragraphs You are best off starting to SAR every account but you NEED to read the Data protection act 1998 and Consumer Credit act 1974. You dont need to read all just the parts regarding defaults etc. You will end up finding so many points they will just take off your default and decide to re submit if the debt isnt paid. Also dont acknowledge any money owed untill you get your signed copy of the agreements

To be honest I have no specefic template letter as I am just adding the information from my CRA report to my letter. I had 2 defaults and a ccj with experian and 3 defaults and a ccj with equifax. Today i had one removed

It is the last day you have to remedy as in the deadline day of the notice. This procedure is un-explored but I am adding this on to all my letters that I send now. I can confirm Ive had 1 default removed today with that argument included but I had many more points also. So far I couldnt just use that as my main point as I have found 7-8 points for each account. I think it could be explored by someone who has exhausted all other avenues.

N244 is an application to get a judgement (CCJ) set aside. If you have a valid reason to have it set aside then send it off.

How much equity do you have??? Do you qualify for an equity release?. If you dont qualify for equity release (over 55 years old) then I would sell my equity under the governments equity sale scheme, You should note that your can only release the amount that has no charge; Example 10% deposit means the lender owns 90% of your property untill paid so you can only sell 10% of the property value. If you are the unlucky kind who have gone into negative equity due to the downtrun then no joy. If you do manage to sell the equity then when you land on your feet id sell the house once the market is right as it will be just as a rented house, you are not getting anything out of it untill the value rises.

How much equity do you have??? Do you qualify for an equity release?. If you dont qualify for equity release (over 55 years old) then I would sell my equity under the governments equity sale scheme, You should note that your can only release the amount that has no charge; Example 10% deposit means the lender owns 90% of your property untill paid so you can only sell 10% of the property value. If you are the unlucky kind who have gone into negative equity due to the downtrun then no joy. If you do manage to sell the equity then when you land on your feet id sell the house once the market is right as it will be just as a rented house, you are not getting anything out of it untill the value rises.

You dont have to pay. Just write to equifax and get them to remove it. Date updated means the last time SLC comunicated with equifax regarding the account, This is normal practice as they send an update monthly. I would also check with experian as I found a default with equifax that wasnt on experian.

Id check with ALL credit referance agencies as it is a good idea to know what is on there and when it was given. If you were given any ccjs/defaults if they are not already off they should be close. Debts over 6 years old are statute barred so you wont have to pay them. If anyone does chase you just inform them the debt is over 6 years old and staute barred. Luckily you escape all. Also get on the electoral register. Id keep your account registered to your parents house for atleast 3 years as moving before 3 years does reduce credit worthiness.

Ignore there credit scores! no financial institution uses CRA's credit scoring they just use the credit report.

It looks like you will have to win the case before thinking about the default. See if you can find out the problem then issue mazda a writ and include that the default must be removed.

Im not sure on the status of this but the Pre Action Protocol only apply to the following disputes; Personal Injury Clinical Disputes Construction and Engineering Defamation Professional Negligence Judicial Review Disease and Illness Housing Disrepair Possession Claims based on rent arrears Possession Claims based on Mortgage Arrears etc.

Id let it go mate it will drop of regardless of being paid after 6 years as the debt is now statute barred.

Your solicitor gave you bad advice, You should have wrote to them saying that you are in dispute and not just stop paying. When your in dispute you dont have to pay untill the problem is sorted. Now what you should do is send a letter before action to the manufacturer and threaten court action. You are best dealing with this in court. Fill out the relevent form and send the fee. Make sure you include that you want the default removed. If they genuinly dispute the problem they will fight it. Car dealers do not tend to give consumers a hard time so what is the fault that developed? did they check it?

Hi; Is the Search for an account or is it just an ID check? If its just an ID check then I wouldnt be too worried as they dont show to other lenders who do search your file. As I am pretty active with the banks I had 19 of these checks done last year. They do tend to do them now and again for some reason.

Yes that is the point we are trying to prove. We get 14 days to make good on the default notice. If not, then the finance company / bank send the update to the CRA which takes them atleast 28 days (plus 2-3 days processing) so the default showing on your credit reference should be dated atleast 42 days after the original default notice was issued if done correctly.

I think we need surlybonds to help out with this one

Sorry just to make it clear i mean 28 days plus 48-72 hours that the CRA's need to get the data into a standard format to get on to the system. This procedure is aimed at the financial institution. CRA's dont play ball at all and usually have a take it up with the lender approach to everything. As you can see with the original posting time, I pretty much had this brainwave whilst trying to sleep

Whilst in the process of getting a few default removals removed, Browsing the forums i think i found something that might work. First the facts The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983 (SI 1983/1561) state 14 days should be provided (THANKS PT2537) CRA's state data is updated after 28 + 48-72 hours if it requires formatting (source experian) My default recieved (setteled) Default notice dated: 24/07/2008 Default notice deadline: 10/08/2008 Default registered: 05/09/2009 Which means i got my default after 26 days, The way it looks to me is they sent the instruction 2 days earlier (MIN) breaching CCA (Enforcement, Default and Termination Notices) Regulations 1983 (SI 1983/1561) Most financial institutions update after 28 days, some after 14 and if this was the case the registration date would be half give or take a few days. Anything less than 14 days applies mainly to information that is in the public domain (CCJ, IVA, Bankruptcy & CIFAS etc) Can we request information such as when was the default sent to the CRA's? What do you think? Can we make something out of this or is it not worth pursuing?????

Been through that before. I just tend to stick to fleet auctions now. All cars are less than 3 years old and clean ones aswell. under 3k you get stung alot and its difficult to sell

Ive set up as a trader. Got the insurance and plates sorted already. Its a good side business

Had finance before and would never do it again! Im all cash since 2008 If you have around 2k to play with go to a trade auction. I bought a Vectra 2004 diesel with 67k on the clock for £1900 drove it for 18 months and sold it for £1950 (a year ago). After then im loving these trade auctions. Bought a 2006 accord 2.2 diesel for £5400 last week. Valued at £7800 (low mileage, fully loaded) Got it up for £6000 quick sale

2. BCT My car was subject to an insurance claim, I was furious when BCT stated that i had to keep paying installments untill the insurance paid out. I made 1 months payment and then called up asking for terms highlighting the point where it states i have to keep paying when my car has been confirmed written off. They cancelled my direct debit and sad they will wait for the insurnce to pay out. They then defaulted my credit file stating i had missed out a single payment and the fact they are allowed to default after a month. They are not even sending out a full SAR and just sent a copy of the HP agreement which they have made 2 mistakes which are. Hand written account number, PX value shown as nil when it was £1000. and a default notice which i didnt get Thanks in advance

Hi 1.I recieved a CCJ in 2009. I was not in the property at the time and was informed of the CCJ by my bank. The amount was £936 but that was not a correct amount and was an esitmate (bill). I asked them to send me in writing the actual amount (£395) as I didnt want a DCA chasing it after I paid and gave them my new address. I called a week later stating I hadt recieved anything so they said they will re-send. Waited another week and again nothing so I called and I was told they were sending documentation to a different address as they didnt have my new address on their database. I decided to save time and pay the amount by card. I have filled out a N244 and will file tommorow, what do my chances look like?