Hi WIKIKEE.

I think it is the creditors listed on the report that you need to contact. Some may be different to the original lenders.

The date each creditor has been paid a dividend isn't relevant. The accounts should be updated as of discharge (yours, not the trustee). This is relevant to the Capquest/Cahoot account.

Companies are free to issue default notices, but they don't have to.

Thank u so although I didn't get confirmation until recently my discharge was October 2011 is this the date that should be showing? Is it possible it may may be updated automatically soon anyway since the paperwork has just been issued or should I still contact them myself?

The debts no longer existed when you were formally discharged.

According to our conversation with the Information Commissioners Office this is when you might expect balances to be set to zero and expect default notices to be marked as satisfied (or partially satisfied).

You'll probably need to encourage your creditors to do this if they haven't already.

Good point Wikikee!!
I am still showing as default with balances outstanding too!!
I was discharged April 2012.

Will our creditors have received a copy of our discharge letter so they know thats it, end of?
To be honest i dont think Experian did as they have my anticipated finish date down.

Hi Wikikee,

The original lender who you signed the credit agreement with is responsible for making sure your credit report reflects your true circumstances - Halifax sold mine on to Max Recovery but it was Halifax I sent a letter to to get amended and it was fixed in the 28 days.

It's funny I found some of my old TD stuff a little while ago and noticed the same thing, when it came to making a claim only one lender bothered, looking at my discharge the whole pot ended up going to the one lender who ended up getting paid back about 99% of what I owed. I didn't realise this when I sorted my credit file out and got everything marked as satisfied etc - I think at the time I was so happy it was over I filed away with only a glance.

I didn't worry about it - I thought (hopefully correctly) lenders were responsible for submitting claim and if they didn't their loss. It certainly didn't have a negative impact on getting report updated with correct dtes/satisfied or getting credit in the future (although I have avoided any lender that was in my TD!).

Hope this helps.

Rachel

That's right, Rachel - if they don't make a claim then they lose out. They cannot then keep chasing for money, or refuse to amend your credit file, regardless of whether they were paid anything.

The last entry to be marked as settled on our credit files has just been amended thanks to Sandra Deane at grant thornton IVA watch. It was an egg loan which went to prudential then Pco Sarl who were frankly buggers to deal with!!!

Now have a 2/5 rating from noddle!! woo hoo!!!

Paul

2/5 well done Paul!!!

Re blacklily's post, are we sure the original lender is still responsible for updating the records, when they show settled but it has been sold on to another company who show the default....

Thinking about it, I think the original lender has to issue the default notice before they can sell a debt WIKIKEE.

As such they'll possibly need to mark these satisfied or partially satisfied.

In terms of balances I think setting them to zero will be down to the current owner of the debt.