Welcome to the forum waterman.

Default notices should be dated no later than the start of your trust deed.

They should be marked satisfied or partially satisfied upon your discharge.

They should then drop off your credit report after six years - the same time you'd expect the trust deed record to drop off.

If some of the above hasn't happened you'll need to contact the lenders concerned and request/demand action.

Hi TDA thanks for getting back to me on my report this is what what showing on the 2 defaulted accounts that i had on my credit report what does this mean please , and should they now show as you say partially satisfied Your CAIS code is: 8 Default date: 28/08/2009 and its with BOS Direct , is there address for this to be sent to or does anybody have the address that i sent it to for past experience of the forum that has dealt with BOS direct your help would be much appreciated , And what would i write on the letter any feedback would be great thanks water-man as i need to make sure its the write place to send it too and so there no back and forward with letters to different places

Looks like that default is going to drop off your credit file this month waterman.

I'm not sure you need to do anything.

Thanks very much TDA for your words of wisdom !! keep up the good work that your are all doing and giving great advise to people like me over the years that have helped me a lot to get through what was a very difficult time thanks water man !!!

HI TDA one more question when it drops off my report will it always show that i defaulted on a debt when anybody goes to look at it , for example i want to swap my mortgage soon to something better if i can !!!! but have never tried due to the fault on my account on the credit expert file, but don't want to chance it if there is a slight chance they would see it , and if its off is it off for good thanks Water man

Once it's off it's off waterman!

THANKS TDA !!

Hi when a question comes up on an insurance policy that asks have you or anybody else been involved in a IVA this is the same as trust deed >> and at the time of the policy you were and have said no , and your are clear of it now ! do you still have to say to them , and what would happen if something happened to your house and they found out that you were in a trust deed and you never said would the policy be invalid !!! just thinking here what i need to do thanks

Technically you would not have been in an IVA, but it would be sensible to query whether they have underwriting rules about trust deeds if this question is being asked?

If you have a policy that is subject to a restriction that you've breached, you're clearly at risk of paying for a policy that will not pay out to you. Which rather defeats the whole point of the exercise I guess.

I guess you might also be at some risk of ending up on the systems insurers use to protect themselves from customers they suspect aren't being straight with them - which could have long-term consequences.

Thanks TDA i have written to them and explained that it was a genuine mistake as i never read the policy correctly , as i just renewed it every year on line with out checking lesson learned !!! so i will see what happens and report back thanks again for your kind words of wisdom Water man

Hi just got a letter from rbs this morning saying that they had aplied extra legal costs bye mistake and that they were going to call the credit agency to a just my balance in my favour , but nothing else ! I thought that would have been a letter from them saying it's now clear

You'll need to check up on them waterman to see whether their actions match your expectations.

Hi good morning TDA just to report back regarding my credit file : looked at it this morning and as you said TDA it should drop of this month and it has ;happy days 10 points of the top score thanks again Waterman

Also would there be a problem if I went to get a small car loan on hp now that my credit file is showing no defaults on it as my score is now 10 of exellent ,as the car I have had through the years has given up last week would appreciate any feed back