I sent letters recently to our previous lenders, I got the letter from this site on which it advised the lenders to mark the debts as settled, however one of the lenders Nat West have responded with the following -
Further to your request to mark the credit agency files as satisified due to your discharge from bankruptcy I regret that it is not this departments policy to do so. The outstanding balance will remain on your record for 6 years from the date of registration. The bank has a duty to be a responsible lender. It would not be resonable to register the debt as satisfied where the dabt has clearly not been repaid.
In this instance the bank is prepared to mark your file as partially satisfied.
Are they allowed to do this, as all my other lenders have now marked as satisfied my accounts.
I'm afraid they probably are. Your BR will remain on file for six years but it does sound as though the one from the bank will also drop off at the same time.
Double, double toil and trouble; Fire burn, and cauldron bubble.
you can put a notice of correction on the file but that only lasts a short period but if perhaps you are needing a credit file check for renting a property, with a notice of correction that allows you space for a brief explanation.
as stated both files partially satisfied and satisfied will drop off after 6 years.
when you check your credit file have a look through the sub pages and check that your bankruptcy and discharge details are on the file.
Credit File Question
Posted - 23 March 2011 : 22:42:40
