Quick question re. Credit file. Does it need to state default for it to drop off after 6 years?
All my creditors have updated correctly bar one (Creation Consumer Finance) who keeps it on late payment (despite 2 years almost gone)
I complained to them and they advised their credit file team had informed relevant agencies of IVA/default date, on couple of occasions (thus refusing to uphold my complaint) Randomly i had actually contacted one of credit agencies a while ago to dispute the late payment issue, and they replied a few weeks later advising creditor would not agree to change from late payment to default.
If it is not correctly updated to default, am i correct that it will never drop off my credit file?
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 echo Foggy's words. If you contact their Data Controller they will issue a default but it may take you a couple of attempts which is why it's good to check the 3 credit reports a few months before the Completion date.
IVA Mortgage Expert
Zebra Money Centre