Next Default Removal

[royalscot]

I have been reading the stickies on the removal of defaults and appreciate the difficulty in doing so .

 

All i have is the date of the Default entry on my wifes Credit File . Would my next step be a full Dsar or is there another template letter that i could send them .

 

I know a default is a default regardless of the amount and age , however if i can find a way to remove it then we could apply for a high street mortgage

 

rergards

 

 

rs

[cerberusalert]

Other than actually going to court the only other option would be to make a full & final offer on the a/c with the proviso they remove adverse info from the credit file. Given the cost of the former the second choice would probably be most viable.

[royalscot]

The debt was sold to a DCA , they offered her a one off payment , this was accepted and paid , the credit file shows account satisfied .

 

Unfortunately the default remains .

 

Would potential creditors take into account that the account is satisfied ?

 

Or is it just tough S@*t

[cerberusalert]

It will affect her credit score but as it ages it should lessen until it finally drops off after six years from the original default. Until then I'm afraid she's stuck with it.

[royalscot]

Thanks cerb

 

rs

[zingy]

And, Next really aren't ones to give in.

 

I'd say that if you're going for a mortgage and your wife still has a default then watch out for lenders hiking up the interest rate:rolleyes:.