Cabot Financial and credit report

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
 
 

JuliaE

User avatar
Posts: 146
Joined: Wed Feb 20, 2008 5:48 pm
Location: United Kingdom

Post by JuliaE » Thu Feb 26, 2009 2:57 pm
One of my debts from my IVA was bought a few months ago. On my credit file BEFORE it was bought said that the debt had been satisfied. ( I assume because it was in my IVA). Now that they have bought it, my credit report says I have 6 outstanding late payments this year and I still owe 10K!!! Can they do this? Surely they should contiue with the satisfied status which started at the same time as my IVA??? Otherwise I would have to wait another six years for it to come off my credit report. Even though the debt was settled in Dec 2005. Any views anyone???
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Thu Feb 26, 2009 3:06 pm
I fail to see how they can do this as there are no late payments. There is no contact of payments between yourself and Cabot so I would speak to them and demand that my credit file is changed back.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

JuliaE

User avatar
Posts: 146
Joined: Wed Feb 20, 2008 5:48 pm
Location: United Kingdom

Post by JuliaE » Thu Feb 26, 2009 3:08 pm
Thanks Michael, I have tried that for the last few weeks. It is annoying me because for the last three years I have not missed a single payment for anyhting and it is making my credit file look really bad.
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”