General Default Question

[JP5]

Hi,

New to this forum and have what I hope is a quick to answer Q.

 

Have been issued with numerous default notices by Egg re: my Credit Card repayments. This I understand. They have outsourced this to a collection agency and I am paying it off monthly, albeit not in massive amounts.

 

Went onto Annual Credit Report and it appears that even thought I commenced the payments 2 months ago, Egg are continuing to issue defaults against the account.

 

Is this correct? Do the defaults not stop now as I am making re-payments?

 

Any help most appreciated.

 

John.

[postggj]

hi jp5 and welcome

 

a credit account can only be defaulted once

if it has been sold to a dca, the dca will reregister the default in there name from the date of the original default,

 

the one from egg will show as closed/settled

 

if i were you, send the dca a letter asking for a copy of the notice of assignment, this will confirm if the dca have any rights to this debt.

 

you say egg are still issuing defaults,

are you sure of this and its not just late payment markers

[JP5]

Thanks for the swift reply postggj....

 

I hope you can see the attachment. This is from Annual Credit Report itself. The image was taken yesterday and I think the 'D's mean they are issuing Defaults??

 

As I have been paying for the last couple months I didn't think these would continue.

 

Any thoughts on it?

 

Thanks

 

JP5