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DCA & credit defaults

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  • DCA & credit defaults

    Hi all,

    I've been trying to read up on my credit report in terms of improving it etc, and I've been a little bit confused about the 'default' markers, so if anyone can help me with this question.

    For a bit of context, I can't remember where my original debt come from, but Lowell bought it sometime in 2019 and I've been paying back since they originally contacted me. I've been paying them back 46 (now up to 70) per month for the past 18/24 months with absolutely no issues, but I have a default marker next to each month reported on Totally Money - as per my screenshot here: https://ibb.co/V2wzZS0

    Now is this because the original debt had defaulted, therefore it will show a default each month?, or;
    is this being incorrectly recorded as a default even though I have been paying and there should only be one default marker?

    any help is much appreciated,

    Thank you,
    Tags: None

  • #2
    Hi TL14

    I can't access the screenshot, nevertheless the Defaults should only appear for the months you've missed payments, not the months you've made payments. That's my understanding. I'm sure other members will post to correct, if I'm wrong.


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