Welcome Finance (MKDP) statute barred appears on Credit Score

[incrediblesulk]

I'm sure I saw it on here but can't find it.

 

My partner had a letter from Welcome Finance (MKDP) saying she owed over £4,0000.

 

 

It was statute barred which, with the help of the Ombudsman, they eventually agreed.

 

 

However, we just saw that the 'debt' appears on her Experian credit score! Is this legal?

 

We've just emailed the Ombudsman again to ask advice on how to get this b/s off of her credit score.

[obiter dictum]

Welcome will be removed from your credit file six years after the default marker was registered, not from last payment made (Statute barred)

[Andyorch]

Thread moved to the appropriate forum.

 

Regards

 

Andy

[dx100uk]

All references to a defaulted debt must be removed from your credit files after 6 years

has passed from date of default, whether paid off or not.

.

{the WHOLE ACCOUNT WILL VANISH, never to return}.

.

{however, this does not mean the debt itself is not still owed

consider a CCA request.}

.

This is so that someone who continues paying something

- even after 6 years from default

- should not be at a disadvantage to someone who pays nothing after default

and ends up with a clean file after 6 years.

NOTE: {the bracketted text is not ICO guideline but my advise]

 

 

 

 

.................

 

 

might pay you to get an sar off to welcome

 

 

bet theres all manner of insurance and penalties to reclaim FOC to her pocket

 

 

dx

[incrediblesulk]

So even though they eventually agreed it Statute Barred, it's still okay for it to appear on her Experian credit thing?

[obiter dictum]

Yes

 

Until six years have elapsed from the recorded default status on the credit files

[dx100uk]

a debt being SB'd does not mean its not collectable in E&W

it still exists

they can ask for payment

you can ask them to go away

 

don't confuse defaulted date with SB date

they are not linked.

 

 

dx