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Hello,
I have an old overdraft with NatWest with a balance of £2874.
This shows on my credit files as a closed/defaulted account, with the above balance, and a default date of 30th May 2013.
I want to apply for a mortgage in the next 12-18 months so I would like to get this debt cleared or removed from my files.
I updated NatWest with my new address when I moved in March/April 2013, but have never had any written correspondence from them, or telephone calls, regarding this account and repayments.
Do I wait for this account to become Statute Barred and "drop off" in May 2019, or, should I contact them and either dispute the removal of the default and the account due to no contact from them, or make an offer of a settlement payment?
Do I run the risk of a CCJ being requested, even at such a late stage (only 1 year to go until it reaches the 6 year mark).
No other accounts show on my files so it has not been passed to a collection agency and is still sitting with NatWest.
I am worried that contacting them may constitute as acknowledgement of the debt and start the 6 year clock over again.
I've read that overdrafts are a bit tricky when it comes to them being Statute Barred, but mine clearly shows as being defaulted in May 2013.
Many thanks.
I have an old overdraft with NatWest with a balance of £2874.
This shows on my credit files as a closed/defaulted account, with the above balance, and a default date of 30th May 2013.
I want to apply for a mortgage in the next 12-18 months so I would like to get this debt cleared or removed from my files.
I updated NatWest with my new address when I moved in March/April 2013, but have never had any written correspondence from them, or telephone calls, regarding this account and repayments.
Do I wait for this account to become Statute Barred and "drop off" in May 2019, or, should I contact them and either dispute the removal of the default and the account due to no contact from them, or make an offer of a settlement payment?
Do I run the risk of a CCJ being requested, even at such a late stage (only 1 year to go until it reaches the 6 year mark).
No other accounts show on my files so it has not been passed to a collection agency and is still sitting with NatWest.
I am worried that contacting them may constitute as acknowledgement of the debt and start the 6 year clock over again.
I've read that overdrafts are a bit tricky when it comes to them being Statute Barred, but mine clearly shows as being defaulted in May 2013.
Many thanks.
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