Inaccurate/Dodgy Default

[Tobes]

Hi,

 

I have an account, 'defaulted', that was sold to a DCA. They replaced the credit file entry to just their details, and put a default marker in, nothing else - there is no monthly data anymore, just a 'D' on one month.

 

So my first issue is that the data is not complete, not showing everything, so not a true representation, inaccurate.

 

Secondly, I recall that when it was the credit card, the company had updated the monthly markers from 0 to 1 to 2 ... all the way to 6, and then continued each month with 6. So it was basically 0,0,0,0,1,2,3,4,5,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6...Now 6 should just change to a D for default and that should be the date of default, but it seems for whatever reason my default has been artificially extended, because the default date the DCA is using is after all of those 6 markers...So surely that is inaccurate as well.

 

Thoughts?

[BRIGADIER2JCS]

As long as the updated entry has the original

default date it's fine and correct it is all that

is needed as long as that DATE IS NOT CHANGED

the markers are months in arrears.

You would have had 1. a default notice,2. a notice

of assignment of the debt.

The DCA is entitled to place a default if the creditor

has not done so.

[Tobes]

Hi, thanks for your response. I'm not sure you get my possibly poorly explained gist.

 

I am saying that instead of putting a date of default on my credit file as soon as default happened, i.e. after the sixth month of arrears, which is the time agreed by the ICO's guidance at the top of this forum, they just kept inserting 6 markers each month. This means that effectively this adverse record is going to have been on my file for longer than six years, because it will be all of those 6 markers, and then the six years of default. Also, the record now only shows a default 'D' marker, no prior history, so that is also inaccurate as it is not showing everything.

 

Thanks

 

As long as the updated entry has the original

default date it's fine and correct it is all that

is needed as long as that DATE IS NOT CHANGED

the markers are months in arrears.

You would have had 1. a default notice,2. a notice

of assignment of the debt.

The DCA is entitled to place a default if the creditor

has not done so.

[BRIGADIER2JCS]

Defaults can be placed in accordance with each creditors

in house policy the only real regulatory statement is that

it should be timely ( within 6 months) if the original creditor

has not placed an earlier default you will need to make a

formal complaint to them.