This makes sense. Thank you once again.

That is very helpful thank you. I noticed today that Britannica Arrow seem to have bought the debt. Am I still eligible to ask them to remove the default? Many thanks

I am hoping someone can shed some light on this.I recently checked my credit report and my score is 999 even though I have two defaults against my file, 10k and 4k.The report states 'A defaulted account is removed from your report after six years whether or not you have paid the debt in full. If you have paid some of the debt off, the balance should show how much you still owe.'They were taken out over 6 years ago and I haven't made any payments in the last 1 year.Is the above correct? Should I really have a score of 999? And if this IS correct does this mean that I will be eligible for a credit card or even a mortgage?Would really like to know if the 999 actually means anything.Many thanks for all your help.

I am hoping someone can advise me.I defaulted on an Egg Loan many years ago and was paying a small amount back every month until April last year leaving a balnce of £4100.Since then unfortunately my circumstances changed and I stopped paying. I since have not been pursued for the remainder of this loan.Yesterday I had a look at my credit file and it seems that the loan has been sold to Britannica however I was alarmed to see that the balance is £8499! I can also see that my balance with Egg was £4100 last month which shows as settled now and it shows that I now owe Britannica Arrow £8499.Are they able to suddenly increase the debt like this?Any advice on this would be much appreciated.