Santander Credit Card

[mr deeds]

Hi All,

 

been a while since I've been on here!

 

I have an Abbey/Santander Credit Card account that went into default in January 2010 (date of default notice). Since that time I have been paying £100 per month without missing a payment.

 

I did have another defaults which are now Statute Barred and this Santander account is the only one showing on my credit report as in default (but satisfied). I still owe £2500 and could possibly pay off this in a lump sum.

 

My question is, if I call them can I make them an offer and is so how much? If they accept the offer would they, or do they have to, remove the default notice from my credit report?

 

Many thanks

[AndyOrch]

Not until it reaches its six anniversary.

 

Andy

[mr deeds]

Thanks for the quick reply Andy.

 

I realise they don't have to until the 6th anniversary, but could that be part of the negotiation is paying it all off? How receptive would the be to that?

[AndyOrch]

You can only ask......

[dx100uk]

you've been paying who £100PCM for 5yrs [that's £6k]

 

 

dx

[mr deeds]

I've been paying Santander direct. They have not passed it to any of the debt companies

 

And yes I paid £6k so far.

[dx100uk]

then don't think there is a lot you can do

unless there is PPI or penalty charges to negotiate with?

 

 

dx

[mr deeds]

So as they are not charging me any interest, I may as well keep paying the £100 per month and the wait for the 6 years to be up for it to clear my credit file, rather than pay it all off now?