Hookdex - when did you IVA finish ? -if your defaults are dated after the IVA start - if uncorrected they will remain for 6 years (from their date) - however you do need to write to each creditor (data controller) enclosing a copy of your completion certificate asking for the defaults dates to be either removed or amended. So both your IVA and defaults fall off the credit files at the same time. (in theory)!!!
My F&F was in September 2011 but my official completion was only last week.
The default dates are all within a week of the IVA start so they are ok. Just I seem to read conflicting info on whether they should be marked as satisfied now the IVA is over? I'm aware they will remain on the report for 6 years.
Ideally you want them marked as satisfied or partially satisfied, this should be done by the creditor.
Having said that regardless of if the default is marked as satisfied or not it will drop off your file in 6 years (hopefully) though it's not a automatic process (they seem to fall off randomly around the 6 year mark and you probably have to give them a kick start some time)
IVA should defo be marked as completed though, it wont come off in 6 years from its registration date unless it is.
It's shocking what level of knowledge call centre staff have at call credit though. One suggested to me that it's down to First Direct to delete the default... em no It's been 6 years it's down to you
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
Suprisingly enough I have already been accepted for a small credit card from Vanquis (When will they ever learn!).
So it's just a case of paying that off every month to build up some history and waiting for the defaults to drop off. It's not as if I want any other credit at the moment.
Good luck finishing yours off - looks like you are nearly there!
Yes Equifax was a struggle but you have to remain focussed and persistant.
Call credit is now sorted too, so all in all a very productive day. Everything is now green, except my internet which has gone down now and engineer cannot come till Friday So now resorting to typing on the phone!
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
Glad you got the defaults sorted but not good with the computer!!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Got turned down by Lloyds TSB, not surpised as Halifax must have had a say in it!!!
However it's not all bad news as I've been accepted for a 0% APR Barclaycard for 14 months, even so I will be paying this one off at the end of each month.
I should have gone to Barclaycard first but wanted to give my bank a chance.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
Congratulations on being accepted for Barclaycard - shame that your own bank couldn't help. Must be nice knowing that all your hard work cleaning everything up has been worth it.
It's been a long road getting from there to here but it's been worth it!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I'm struggling with Equifax. It's been a week since the end of 6 years. The IVA dropped off on the 3rd. One defualt was removed this morning but a final one remains (same date as the one that dropped off this morning - how does that work??).
Was there a specific department you rang at Equifax to get them to remove the incorrect entires immediately?
Chances are it will drop off in a day or two, but I have just lost complete confidence and patience with Equifax. The last time I rang them the "customer support assistant" told me that the defaults would be removed after 6 years from date of satisfaction. I told him that it was when it was registered, but he was cocksure that it was from date of satisfaction.
I have raised online queries and updated them but they take forever to be replied to with the usual rubbish.
If you could point me in the right direction of somebody that I can shout at, it would be most appreciated.
It's the date of your IVA acceptance - he doesn't know what he is talking about!!
Write to the data controller at the creditor concerned in the first instance enclosing a copy of your completion letter - they are the ones that should remove the defaults in the first instance.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Yes got the same person by the sounds of it when I called about the same issue, 6 years from satisfaction date is a load of tripe and told him just as much.
You have to stick to your guns and sound like you know what you're talking about. Talk about the data protection act. Mention Principle 4 (Data should be accurate and kept up to date) Principle 5 (Not kept longer than necessary) Principle 1 (Processed fairly and lawfully)
i.e. out of date and now inaccurate data kept on your file for longer than 6 years is simply unfair. You have rights under principle 6 as the data subject that the out of date data is removed. Insist on it and don't hang up until you get it confirmed that it's being actioned today.
Equifax were a pain, I ended up saying the information on my file was untrue now, libelous and defamatory and insisted it was removed immediately.
This agency thinks they are above the rules saying it takes them 6 years and 2 weeks to get the data removed. That simply is not the case. Experian can do it in 6 years and a day. Call credit ahead of time most of the time, I had to call them about the last default remaining but that was deleted in the day.
It's just Equifax being a pain here.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
Oh one other thing if this number still works, 0800 1214752, it may be worth using as it can be a very long call. But as I say stick to your guns and don't hang up!
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
So now resorting to typing on the phone!
