DMP Flag on Credit File

[boracic lint]

Back in 2008 I entered into a DMP with PayPlan,

at that time I had 5 creditors, 2 of which were MBNA.

I have now repaid in full all of my creditors.

 

 

During this time MBNA passed my 2 accounts to Moorcroft Debt Recovery,

no defaults were issued and as far as I can recall I did not receive any notice of assignment.

 

 

After passing to Moorcroft payments continued to be paid by Payplan.

 

 

Soon afterwards 2 DMP flags appeared on my credit file,

in addition the balance was being updated on a monthly balance, showing a reducing balance.

I understand that these DMP flags will remain for 6 years from last payment.

 

 

What I am trying to find out is are Moorcroft allowed to update my credit file if they are not the original creditor?

Or if it has not been assigned to them.

I thought only licenced credit agencys could update your files.

 

 

Bottom line is I would like to find a way to remove the DMP flag

and I thought if MBNA passed the debt to Moorcroft and debt is now settled

I could request the removal of the DMP flag as it was only applied after Moorcroft took over the debt

and who are not allowed to update the CRA as not licenced.

 

 

I hope it makes sense.

 

 

Thanks in advance for any advice.

[citizenB]

The company who owns the debt is permitted to update the file - example.. MBNA sold a debt to Moorcroft - MBNA cease adding updates - Moorcroft continue to update from the date they purchased the debt. They are not permitted to change the first default date - so if MBNA defaulted on January 2000 - sold to Moorcroft on January 2003 - then they would only be able to update your files until January 2006.

 

 

Does that help ?

[boracic lint]

Thanks citizenB for replying.

 

However does it make a difference that I was never actually issued with a Default Notice, as far as I recall I was just informed it was being passed to Moorcroft. No default appears on a credit search just a DMP flag.

 

Which now raises the issue can they pass or assign to Moorcroft without either a default notice and / or notice of assignment.

 

Thanks citizenB for replying.

 

However does it make a difference that I was never actually issued with a Default Notice, as far as I recall I was just informed it was being passed to Moorcroft. No default appears on a credit search just a DMP flag.

 

Which now raises the issue can they pass or assign to Moorcroft without either a default notice and / or notice of assignment.

[citizenB]

Ah, so the account was never defaulted ? In which case, I think it might be that they will continue to report for 6 years after the last payment is / was made. I will alert one of the site team who has more knowledge of this.

[dx100uk]

moorcroftt don't buy debts

so

you'll see that is shown as MBNA bein the ownr on your file?

 

 

I take it you mean you have a series of AP markers from the time of the plan.

 

 

as for the other stuff you are rattling on about.

sadly doesn't mean anything in reality

[boracic lint]

Thanks for the reply.

 

Just to clarify on both Clearscore and Noddle the lender is shown as Moorgate - (Britannic Rec) and NOT MBNA.

 

Does this mean that Moorcroft are the owners of the debt?

 

If so and no Notice of Assignment was served how can this be?

 

In no NOA served then can I request all updates to the CRA from Moorcroft to be removed (including DPM marker), as it was illegally assigned and they had no authority to pass data to the CRA's?

 

As the debt is since been paid in full am I right no one can update it further if no contract exists?

 

Just in case I confused anyone the DCA is Moorgate - (Britannic Rec) NOT Moorcroft.

[dx100uk]

Thanks for the reply.

 

Just to clarify on both Clearscore and Noddle the lender is shown as Moorgate - (Britannic Rec) and NOT MBNA.

 

Does this mean that Moorcroft are the owners of the debt? no moorgate

 

If so and no Notice of Assignment was served how can this be?makes no odds

 

In no NOA served

then can I request all updates to the CRA from Moorcroft to be removed (including DPM marker),

as it was illegally assigned and they had no authority to pass data to the CRA's? no as they didn't do it

As the debt is since been paid in full am I right no one can update it further if no contract exists?

anyone with a credit licence can update any debt, contract or not.

 

Just in case I confused anyone the DCA is Moorgate - (Britannic Rec) NOT Moorcroft.

 

 

pers id be complaining to MBNA and to payplan

that the debt was not defaulted when the DMP was entered into