Hello. Thank you for your reply and sorry for the delay in getting back to you.
I'll post the info you requested below but wanted to ask a couple of questions based on your response..
1) Would the defaults showing as settled not improve my score?
2) If I don't pay them can they not take me to court and give me a CCJ which starts the six years off again?
My overall aim is to improve my credit score... here are my debts and current state:
HSBC credit card - £635 balance, default. Last paid Deb 2015 and account sold on
Wageday Ltd - £386 balance, default since Jan 16
Cabot Financial Europe Ltd - £2257 balance, default since Mar 16
Lending Stream - £549 balance, default since Sept 15
Uncle Buck - £338 balance, default since Oct 15
Instant Cash Loans t/a Payday UK - £609 balance. Late payment since Jun 15
Madison CF UK Ltd - £851 balance. Late payment since June 15
Three Mobile - £46 balance. Default since Apr 16
EE - £208 balance. Late payment since June 16
Shop Direct Finance Company Ltd - £980, default since Jun 16
Debts that have been sold:
HSBC credit card to Westcot
Cabot Financial Europe Ltd sold to Mortimer Clark
Lending Stream - sold to Asset Collections and Investigations
Shop Direct Finance - sold to 1st Credit Finance
What I have done so far:
Three Mobile - settled debt
HSBC credit card - agreed £100pcm
Uncle Buck - agreed settlement plan to clear in 2 months
EE Ltd - agreed £40pcm
Madison Cf - agreed £30pcm x 3 months then review
Edit: the Uncle Buck settlement plan is for a partial settlement only.
Would it be best to settle in full?
I have not yet managed to contact all of the companies but have worked out how much I an afford to pay each month.
Additionally,
I have received letters from a company which I can only link to accounts which are showing as settled.
Would they show as settled once they've been sold because none of the others have..?
What is the best way to begin improving my credit file and also to prevent any CCJs?
Thanks for reading