Hi, I recently got a Statutory Credit Report and have a question about it. My IVA was settled with a lump sum payment in February 2012. On my Credit Report some of the credit card companies had entered the Date Satisfied as August 2013 (18 months later). Does this mean that they will not drop off my Credit report for another 18 months after the usual 6 years that I was expecting? I hope this is not the case as I am eagerly waiting for the 6 years to be up so I can start rebuilding my credit score. Many thanks.
You need to write to these companies (data controllers) and include a copy of your completion letter and tell them to put the default back to the date of original IVA acceptance and they should then drop off after six years.
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
