As you all know ( and are probably bored to death of hearing about)
Co-op rejected my application for a current account because of a credit check
This was fine last month when I got accepted for car finance,
Having looked again I saw a partially settled account so I contacted Experian and got this
Thank you for your contact received on 8/22/2018 2:00 AM
*PRA Group (UK) Limited (Account Started on 04/09/2006)
Having checked our records I can confirm that the above account reads as satisfied (paid off).
Please view an updated report.
I understand you'd like to know why the default status doesn’t change once it’s been paid off. Having checked I can confirm your default reads as a £0 balance which means the default has been satisfied and companies will see you no longer owe the debt. The original default balance remains to show how much the account defaulted for.
I'd also like to make you aware that agreeing to make payments after an account has been defaulted doesn’t change the account’s history. This is why the ‘!’ status history doesn’t change. The ‘!’ status show that at the date of default the account wasn’t being managed in line with the original contract.
Please note that defaults remain on our records for six years from the defaulted date after which it will be removed automatically.
You can visit our Experian UK YouTube channel for some tips on how long they stay on your credit report, what to do now and how a default affects you.
*IVA Completion Certificate
Please be kind enough to provide us with your IVA completion certificate so that we could look into this further for you.
If you need any more help, please let us know.
To get in touch you can email us at firstname.lastname@example.org or visit our website at www.experian.co.uk.
Customer Support Centre
Keeping an eye on your Experian Credit Score just got a whole lot easier. You can get your Experian Credit Score and credit report alerts on your phone with our CreditExpert companion app!
This is exclusively available for CreditExpert members from the Apple App Store or Google Play Store at no extra cost. Simply download it right away and log in using your CreditExpert details.
CreditExpert is provided by Experian Ltd (Registered number 653331). Experian Ltd is authorised and regulated by the Financial Conduct Authority (firm reference number 738097). Experian Ltd is registered in England and Wales with registered office at The Sir John Peace Building, Experian Way, NG2 Business Park, Nottingham, NG80 1ZZ. The web monitoring feature and its alerts within CreditExpert is not Financial Conduct Authority regulated activity.
Copyright © 2017, Experian Ltd. All rights reserved. [ref:_00D0Yadxz._5001nhmI0E:ref]
Foggy wrote:If the account was defaulted -- what was the default date ? The whole shebang should drop off after 6 years ! And, if it wasn't correctly defaulted -- why did it drop off before (only to be put back on) ?
Honestly I am So confused!!! ihave emailed again saying none of it should be showing !
Foggy wrote:Thank goodness it happened post Fiat !!
I know! It says please see your updated report . I just have and it still says partially settled! They are so frustrating to deal with! Equifax you can ring and talk to someone... this lot it is impossible it seems to me they have not registered what the issue is?
Properly! You have to wait a week for a code to look at your statutory report as they post it!
So trying to be one step ahead I replied saying when the partial settlement is removed can you remove the notice of correction too please.last time I has to ask to get it removed, they emailed today saying
We have removed the notice of correction.... notjing about the partial settlement.......,,
Who is onlineUsers browsing this forum: No registered users and 31 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, IVA.com Group Limited will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location