Posted: Mon Aug 06, 2007 12:47 pm
I just got off the phone with Barclays. I mentioned that I have heard that in a DMP, the defaults stay in your Credit reference for 6 years after the last payment.
But they have now said it is 6 years from the day your account is closed/reduced payment starts.
I thought it was only in an iva that the defaults stop been entered into your account 6 years from tne date of the 1st payment.
This is really weird.
But they have now said it is 6 years from the day your account is closed/reduced payment starts.
I thought it was only in an iva that the defaults stop been entered into your account 6 years from tne date of the 1st payment.
This is really weird.