I have been in financial difficultie for a few years now and recently checked my credit file for a AA loan,
stupidly I only had 2 payments left on the loan for £230ish a month. I have checked my credit file and its shown 1 payment down for nearly 3 years and then they have defaulted it. I am not overly concerned as I intend to settle soon but just curious if they are allowed to do this.
just seems weird that they can keep an account and then default after 3/4 years??
my credit file shows as follows
Status history
2017 - Default
2016 - 1 down until November when it defaults
2015 - 1 down
2014 - 1 down
2013 - 1 down
for the record no payments were sent to this creditor throughout this time?