Will i ever beable to get bank loan with 1 default on my credit rating?

[djshaun14]

I got 1 default on my credit rating,Its from Halifax who told me My account would freeze as it went into a unplanned overdraft of £260 Because Alton towers took a payment from my account 3 weeks later after the date of arrival and been told the payment had been paid.After going to my bank 3 weeks later and saw i had £700 in there which i withdrew the very same day from behind the counter as i asked them to see if that was my correct balance as it was more than i thought was in there they said yes this is withdrawable today so i took it,The next day Alton Towers took there payment from my booking what i done 3 weeks earlier Taking me £260 overdrawn.Halifax said they would Freeze my acound even tho i paid £100 into the account in the first week of been overdrawn taking it down to £160 i got a letter about 2 months after saying it will affeect my credit score if I dont make arrangments for payment which i have now started paying but the balance as gone back up to £260.Any advice what i should do?

[labman]

Re: Will i ever beable to get bank loan with 1 default on my credit rating?

Ask them to freeze interest and charges as you are struggling to keep up with the repayments. If they do, great; if they don't or if they ask you to fill in their own version of an Income and Expenditure sheet, go to someone like Payplan or Stepchange who will be able to help you.

NEVER take a loan to pay a loan in your circumstances.

[FlamingParrot]

Re: Will i ever beable to get bank loan with 1 default on my credit rating?

Hi and welcome!

Have you checked your credit files to see if the default has actually been recorded?

[djshaun14]

Re: Will i ever beable to get bank loan with 1 default on my credit rating?

I forgot to mention that my account had been passed to moorcroft which i have started making payments but i feel that its wrong that i have my credit file defaulted after they told me they would freeze the account i didnt recive no letters off halifax saying i would get a default just letters off moorcroft,any advice would be great

[labman]

Re: Will i ever beable to get bank loan with 1 default on my credit rating?

So are you saying you did not get a Default Notice. Initially this would have given you 14 days in which to remedy the breach, and would have stated the sum due?

[djshaun14]

Re: Will i ever beable to get bank loan with 1 default on my credit rating?

no i didnt get no letter like that just a letter off moorcroft saying the debt had been passed onto them,i rang them up and made arrangments to pay back on a monthly basis