Sigma

[Pepper1310]

Hi
Sigma bought a debt from the OC ( bank I think) and defaulted me in 2009. I was hoping that, as I have not paid anything since, the default would now nearly be due come off my credit file ( December 2009 was the default) However on checking my file on clearscore.com I find that the payment history says I paid regularly up to may 2012, which is not true or they could not have defaulted me.
The file on the web site does say it is a closed account, but is this likely to show up on my credit file? I am loathed to contact them in case I have trouble with them

Any advice?

[nemesis45]

Re: Sigma

Hi
Sigma bought a debt from the OC ( bank I think) and defaulted me in 2009. I was hoping that, as I have not paid anything since, the default would now nearly be due come off my credit file ( December 2009 was the default) However on checking my file on clearscore.com I find that the payment history says I paid regularly up to may 2012, which is not true or they could not have defaulted me.
The file on the web site does say it is a closed account, but is this likely to show up on my credit file? I am loathed to contact them in case I have trouble with them

Any advice?

Hi Welcome to LB.

Did you enter into a " payment plan" with the original creditor? ( you credit file should show who the creditor was)

If an arrangement to pay was made that was less than the contractually required amount a creditor may place a default.
the lower payment itself being a breach of the agreement.
The other common scenario is an arrangement to pay operates fine for a while without a default registered and then payments cease
and the creditor then registers a default. ( Barclaycard did this).
Is the default on the credit file December 2009 ?

nem

[Pepper1310]

Re: Sigma

Thank you
No, I never paid a thing since around 2008. Never agreed any form of repayment

[nemesis45]

Re: Sigma

Thank you
No, I never paid a thing since around 2008. Never agreed any form of repayment

Who were these alleged payments made to?
Who was the original creditor?
Check another credit reference agency ( Noddle is free online) Sites like clearscore rely on data garnered from the main agencies
Equifax, Experian and Call Credit. Noddle is part of Call Credit.
Creditors don't report to clearscore.
You can place a notice of dispute/correction on the credit files if you wish.

Is the default date you have quoted the one displayed on clearscore?

nem

[Pepper1310]

Re: Sigma

Hi
Clearscore don't give that detailed information, just when the account was opened with the OC and when the last payment was. It shows payments every month from June 2006 to May 2012.
The alleged payments must have been to the OC originally, as I never paid Sigma a penny. But I never paid after 2008 ( maybe going into 2009) and when sigma bought the debt they defaulted me in 2009.
The debt was a bank overdraft. The default date is not shown on Clearscore.

[nemesis45]

Re: Sigma

Hi
Clearscore don't give that detailed information, just when the account was opened with the OC and when the last payment was. It shows payments every month from June 2006 to May 2012.
The alleged payments must have been to the OC originally, as I never paid Sigma a penny. But I never paid after 2008 ( maybe going into 2009) and when sigma bought the debt they defaulted me in 2009.
The debt was a bank overdraft. The default date is not shown on Clearscore.

A debt purchaser such as Sigma cannot default an account, the original creditor does this.
The debt purchaser can only up date the original entry not change the default date.
I suggest you make a Subject Access Request Under the Data Protection Act 1998 to the
original creditor, there is a statutory fee of £10 to pay for this, the creditor has 40 days to
comply. This should provide all the personal data the creditor holds on you and the account.
There is a template in the forum library for the request, use signed for post.
Check Noddle it will have more data.

nem

[Berniethebolt]

Re: Sigma

Have you looked at any other credit reference files such as Noddle

Noddle do show the balance so if payments were being made you would see a reducing balance.

[Debt Camel]

Re: Sigma

Hi
I was hoping that, as I have not paid anything since, the default would now nearly be due come off my credit file ( December 2009 was the default)

The debt will still fall off your credit file even if you have made payments since then. (I'm not saying these payments don't matter - they do as they will prevent the debt from becoming statute barred. I'm just pointing out that they don't mean the debt will stay on your credit record.)

However on checking my file on clearscore.com I find that the payment history says I paid regularly up to may 2012, which is not true or they could not have defaulted me.

You can still be defaulted even if you have been paying regularly if you are paying less than the normal monthly amount and arrears have accrued.

Any advice?

Yes - check your credit records with each of the three CRAs directly. Don't bother with Clearscore - they take data from Equifax but there are various reports of teething problems with this new system. So get the £2 statutory reports from Experian and Equifax and Noddle's free report on Call Credit - see http://debtcamel.co.uk/experian-or-e...which-is-best/ for links how to get the £2 reports.

[FlamingParrot]

Re: Sigma

Hi
Clearscore don't give that detailed information, just when the account was opened with the OC and when the last payment was. It shows payments every month from June 2006 to May 2012.
The alleged payments must have been to the OC originally, as I never paid Sigma a penny. But I never paid after 2008 ( maybe going into 2009) and when sigma bought the debt they defaulted me in 2009.
The debt was a bank overdraft. The default date is not shown on Clearscore.

Hi
Sigma bought a debt from the OC ( bank I think) and defaulted me in 2009. I was hoping that, as I have not paid anything since, the default would now nearly be due come off my credit file ( December 2009 was the default) However on checking my file on clearscore.com I find that the payment history says I paid regularly up to may 2012, which is not true or they could not have defaulted me.
The file on the web site does say it is a closed account, but is this likely to show up on my credit file? I am loathed to contact them in case I have trouble with them

Any advice?

If the default was recorded in 2009 it should fall off after six years, regardless of whether payments were made or not. What matters for this purpose is the default date.

You are right in not wanting to contact them, :tape2: this debt is just about statute barred, however, being an overdraft, the clock would only start to run when they issued a final demand, which can take a long time for some banks to do, especially if the overdrawn sum is smallish. That means even if you didn't pay into the current account since 2009, it may not be SB yet so would be best to avoid opening a can of worms.

[Pepper1310]

Re: Sigma

Hi
Thanks everyone for your help. The debt was a credit card. I will get further details and come back with further information.

It was for £3980

[FlamingParrot]

Re: Sigma

Hi
Thanks everyone for your help. The debt was a credit card. I will get further details and come back with further information.

It was for £3980

Ah, that makes a difference. You previously told us it was an overdraft, and overdrafts fall under a different section of the Limitation Act 1980. With credit cards, the clock would start to run from your first missed payment. :thumb:

[nemesis45]

Re: Sigma

Hi
Thanks everyone for your help. The debt was a credit card. I will get further details and come back with further information.

It was for £3980

These alleged payment are a problem did you by any chance enter into any kind of
" arrangement to pay " with any party in regard to the debt, e.g. a continuing payment
via a debit card, a standing order or a direct debit, if the alleged payments are on a
regular monthly basis one of these methods of payment would likely have been used.

nem

[Pepper1310]

Re: Sigma

Hi Nemesis,
No, I didn't agree to any payment whatsoever with anyone. ( Except for my original payments when I took the card out)
Just had a look at Noddle, there is no sign of the debt on there at all. Does this mean I could be clear from all Credit reference sites? The only things on the report are:
Mortgage
Car Loan
Utilities
Mobil Phone

All up to date and not one payment missed.
However, my credit score is 'fair'. Do you think this could be because I have no credit card and not had one for 6 /7 yrs?

[Pepper1310]

Re: Sigma

Just had another look at Noddle for my OH. There is a default on there from Capquest Investments LTD for £122. dated Nov 2010. I think it was for next catalogue, but it doesn't say. I have sent a notice of correction asking them to take it off my file as I requested a copy of the agreement under s77 some three years ago and they never sent one. I also understand that next never used an agreement that was compatible with the CCA. Is it worth sending off another s 77 request to Capquest? If so, how do I find the account number, the address and who actually the debt is for and who defaulted me?
The account on Noddle only shows the last 4 numbers.

[Berniethebolt]

Re: Sigma

Hi
Even if you sent a S77 request off and they didn't reply all it means is that they can not get a judgement against you ( assuming that you defend and claim) . They can still report it to a CRA. Noddle will contact Capquest who with either verify the debt and it will remain or will not reply in which case Noddle will remove it .
Is it worth sending another request to Capquest? Well if you have sent one and can prove it I would let sleeping dogs lie , even if you can not prove you sent one I would be inclined to leave it alone unless they write to you.

I have been trying to look at my clearscore account and although it refers to my defaulted accounts I can not find them anywhere which is most odd . I know you said it showed a payment , did it show a reducing balance ?