My credit history with CreditKarma and TotallyMoney both show an open Barclays account with defaults each month beginning might 2015. If We consented to settle your debt with a component repayment do all those month-to-month defaults disappear or does it nevertheless show until 6 years expires? Could it be during my interest that is best to just hold on till May 2021 for the 6 years going to. I contacted Barclays and I also had been told in order to make another issue and ask for they keep the account, will this impact that is negatively debt being statute banned after 6 years? We want to purchase a property the following year and need to find out just what the most readily useful program is.
Sara (Financial Obligation Camel) says
Could I make sure that your credit records show a standard date in might 2015, not merely missed repayments?
Modification, the credit file shows missed repayments between and October 2015, then defaults start from October 2015 onwards april. Once I talked with Barclays but, they said sent me a termination page in might 2015. We don’t recall ever agreeing to a payment plan because We disputed the amount.
Sara (Financial Obligation Camel) says
It still show until 6 years expires“If I agreed to settle the debt with a part payment do all those monthly defaults disappear or will? “ this debt will drop down your credit score 6 years following the standard date in October 2015 anything you do – spend it in complete, settle it partially or ignore it. But needless to say in the event that you ignore it you might get a CCJ which will be a tragedy for home financing. We can’t you know what the possibility is of the. If you’re seriously interested in purchasing a home the following year, wanting to settle it with a component repayment might be your very best choice. Continue reading But i’m maybe not whining concerning the date that Satsuma delivered me personally a Notice of Default, i will be disputing the date a standard ended up being entered to my personal credit record.