3 years old default and card expiring next month

[Celestine]

Without wishing to make this sound like a game, Link can only enforce if they know where you are. They cannot access your bank account.
They 'could' issue a court claim to your last known address; which could mean you get a CCJ on your credit file. This would only be an issue if you were seeking finance to buy a house, car etc. (The CCJ would disappear from your file after six years from the date it appeared)
Separately if no CCJ and a period of six years passes since the default was issued on this account/or last time you made payment/contact, it will become time barred under The Limitation Act and can no longer be enforced.

Overall, I do not think this is something you should be worrying excessively over. You sound like you are working hard, trying to recover from the effects of the Covid pandemic, you should put your positive energy into building your life back up.

[Stark3000]

Without wishing to make this sound like a game, Link can only enforce if they know where you are. They cannot access your bank account.
They 'could' issue a court claim to your last known address; which could mean you get a CCJ on your credit file. This would only be an issue if you were seeking finance to buy a house, car etc. (The CCJ would disappear from your file after six years from the date it appeared)
Separately if no CCJ and a period of six years passes since the default was issued on this account/or last time you made payment/contact, it will become time barred under The Limitation Act and can no longer be enforced.

Overall, I do not think this is something you should be worrying excessively over. You sound like you are working hard, trying to recover from the effects of the Covid pandemic, you should put your positive energy into building your life back up.

Dear Celestine, thank you for your advice.

I have tried to set up my online account with linkfinancial, but I m unable to log in.
I emailed linkfinancial about it and they confirmed me that they are occuring into internal errors which doesnt allow people to access to their accounts.


They keep telling me to call them and start to arrange any payment or discuss about it.

I dont feel confortable to call them as I feel under pressure and worried that Icould accept something that at moment I m unable to manage.

Then I found out that two days ago linkfinancial made two search on my credit file :

Soft affordability search 03/04/2023

Hard debt collection search 03/04/2023

There is any explenation why ? Is this something that I need to be worried about?

Also because not even a month has passed since they sent me a letter with a monthly instalment suggested by them without checking my affordability or even mentioning exactly the length of time (my default is dated February 2019 )

If I do the math they made my repayment plan for over 8 years ( 100 installment monlthy plan)

As far as I know defaults stay on the credit file for 6 years my default is already 4 years old

Where did they come up with this estimation?




I have attached this new letter to the current post