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final payment

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(@kerry-mcdonald)
Eminent Member
Joined: 9 years ago
Posts: 28
Topic starter  

i knw my last payment is on friday but will my trustee be in touch to confirm this?


   
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Kevin Mapstone
(@kevin-mapstone)
Member Admin
Joined: 16 years ago
Posts: 4253
 

They should contact you once paid to say that you have finished your payments. However, there is no harm in you pre-empting this and calling them to check this yourself. That way you could cancel your standing order safe I. The knowledge that everything is paid.

Sell done on getting to the end of your Trust Deed.

Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.


   
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(@kerry-mcdonald)
Eminent Member
Joined: 9 years ago
Posts: 28
Topic starter  

thanks kevin i spoke to them today and to cancel standing order after payment on fri and will get form 5 in couple of weeks


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

That's great kerry.

Always good to hear that trustees are discharging their clients promptly.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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David Tannock
(@david-tannock)
Famed Member
Joined: 12 years ago
Posts: 2581
 

That's excellent news Kerry!

Well done on reaching this point and successfully completing your Trust Deed.

Hopefully your Form 5 isn't too far behind.

David is not currently posting in the Trust-Deed.co.uk forum


   
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(@kerry-mcdonald)
Eminent Member
Joined: 9 years ago
Posts: 28
Topic starter  

thanks just looking forward to moving on next challenge to get car finance?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Best wishes with that kerry.

If you can, it might be best to wait until your discharge is confirmed on your credit report.

You might also wish to ensure that your former creditors have amended their entries on your credit file to reflect the fact that you have been discharged.

This will give you both a better chance of getting car finance, and a better chance of getting a decent deal on your car finance.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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(@kerry-mcdonald)
Eminent Member
Joined: 9 years ago
Posts: 28
Topic starter  

have just beeb told by experian that the report they do has my trust deed finished in june this year is this a good thing?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Yes - certainly a positive step if it's clear on your credit file that you've been discharged.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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