Default Notices: time to remedy

[The Debt Star]

Re: Default Notices: time to remedy

I thought the consumer had to receive a DN before they could register a Default with the CRAs? I'm not talking about late payment notices here but a "Default" that stays on for 6 years. PB, are you saying creditors can register these without first issuing a DN?
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In my case the bank concerned attempted to place a further default marker on my credit file, when the original default as registered had already been processed fior six years.

Yes, this bloke has the same problem http://www.consumeractiongroup.co.uk...-Report-Please

[Guest]

Re: Default Notices: time to remedy

I thought the consumer had to receive a DN before they could register a Default with the CRAs? I'm not talking about late payment notices here but a "Default" that stays on for 6 years. PB, are you saying creditors can register these without first issuing a DN?
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Yes, this bloke has the same problem http://www.consumeractiongroup.co.uk...-Report-Please

Yes a notice of default can be registered soley in the repayent history of the account no section 87 notice is required.
All tht is needed is 28 days notice as per ICO guidlines.

THe notice can be sent with the sction87 and generally is but not always.
The creditor may want to as you say use the threat of the mention on your file without formally ddefaulting your account in CCA terms.
Petr

[jumper999]

Re: Default Notices: time to remedy

OK, thanks again peter,

So my creditor says that I opened my account in Jan 06 but my credit file shows payments starting from Sept 05?

Why would the creditor do this?

[Guest]

Re: Default Notices: time to remedy

OK, thanks again peter,

So my creditor says that I opened my account in Jan 06 but my credit file shows payments starting from Sept 05?

Why would the creditor do this?

Hi
It depends on what the monthly indicators say, if they are missed payments it may be a dvice to enabe them to register a default. The guidlines say that a breakdown in the relationship between the parties (Default) is generally regarded as arrears of 3- 6 months usually the later, it has been known for creditors to backdate the start periodof the loan in order to validate the issuance of a default and use this as added leverage.

Peter

[The Debt Star]

Re: Default Notices: time to remedy

it has been known for creditors to backdate the start periodof the loan in order to validate the issuance of a default and use this as added leverage.

"it has been known." lol. those wafty crankers are at it all the time. keep a wary eye on 'em Jumper!

[jumper999]

Re: Default Notices: time to remedy

Thanks peter & TDS,

There are no missing payment markers at all. i can believe that it is not unknown for creditors to do things similar, but I believe that what they have done is very very wrong.

[Amethyst]

Re: Default Notices: time to remedy

When did you open the account ? (is that too obvious a question)

[jumper999]

Re: Default Notices: time to remedy

Aug 05

[Amethyst]

Re: Default Notices: time to remedy

Aug 05

so that would be right then.

my credit file shows payments starting from Sept 05?

(or am I missing something incredibly obvious if so sorry x)

[jumper999]

Re: Default Notices: time to remedy

No AME your not.

What I am saying is why send a recon cca showing that an account is opened in 06 and the credit file clearly shows it was opened in Aug 05?

[Amethyst]

Re: Default Notices: time to remedy

Ahhhh, that'll be because they are stupid.

That signed agreement (if you are talking HSBC) is the date on it next to their signature Jan 06 or Aug 05 ? http://i450.photobucket.com/albums/q...t/HSBCCCA3.jpg

[Amethyst]

Re: Default Notices: time to remedy

Also jumper, when you talk about statements for the account you only start from Feb 06.

Are you sure its for the same account (the D on your file I mean)

Hi mm, yes I was granted a second credit card, and thank you peter, like i said I will wait too see what I can do before throwing in the towel.

Read more at: Court claim issued by HSBC on a faulty DN & TN - Page 11 - Legal Beagles Consumer Forum

Was the second one the one started in 06 ?

[The Debt Star]

Re: Default Notices: time to remedy

Ahhhh, that'll be because they are stupid.

and dishonest

[jumper999]

Re: Default Notices: time to remedy

It is Jan 06, and it is strange because it seems that HSBC signed the agreement the same day as I did. Now I know that I did not sign it in their office neither did they come to my house and sign with me, and go with me to the letter box to post it.

It would have took at least 2 days to get to them so there signature should be signed two days after mine, not on the same day?

[Amethyst]

Re: Default Notices: time to remedy

Is your signature on that doc as well ? (ie have you edited off - sensible but looks like nothings there at the moment as with you saying it was a reconstruction etc....)