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Posted: Sun Mar 15, 2009 3:13 pm
by s27
Have just checked my credit file. Although in IVA, some creditors state "default - settled" other say "default - £xxxx".
I thought I read somewhere that they couldn't record as default if updated after a start of IVA?
Some were updated last month as "default - £xxxx". Namely RBS(Tesco), Egg and Max Recovery (Barclays).
Is this right?
Total debt listed is only 35% of all debt, all others have "default - satisfied".
Posted: Sun Mar 15, 2009 3:58 pm
by plasticdaft
The default dates cannot be after you IVA was approved.
Posted: Sun Mar 15, 2009 4:11 pm
by louiseh
I thought technically your creditors could default you on your credit file up until the debt is settled, ie end of IVA, although most don't bother.
Posted: Sun Mar 15, 2009 4:21 pm
by Breakdown
I don't want to see my credit file! What's the point? I know it will be bad. I don't need it for at least 6 years, so I'll worry in 2015!!
Then I hope i won't need a credit check, cash is the future for me.
[:D][:D][:D]
Posted: Sun Mar 15, 2009 9:31 pm
by Adam Davies
Hi
I think Louiseh is correct in that creditors are free to report the account as it is i;e in default.
Try to put your credit file to the back of your mind. Once your IVA is complete you can start to check entries and to have them adjusted
Regards
Posted: Mon Mar 16, 2009 2:22 pm
by DebtProblem
Breakdown wrote:
cash is the future for me.
[:D][:D][:D]
Agree 100% with that.
"Cash Is King"
I've given credit the big "E" going into an IVA and I don't intend to obtain credit when I've completed it either.
Posted: Mon Mar 16, 2009 2:23 pm
by kallis3
Good for you!
I totally agree.