am grateful to the excellent Consumer Action Group forum for the following:
a finance company default on you, then sell the debt on and, have
the new creditors default on you ON THE SAME DAY? Without even giving
you a chance to repay the original loan?
The default can only go onto your credit file once - this is a data
can only be legally issued ONCE on the same debt. It has a 'life-span'
of six years and must come off the credit reference agencies' files
after this time - this is the law under the Consumer Credit Act.
they DO re-issue the default, it is NOT consumer credit law being
broken; it comes under the Data Protection Act.
You can obtain
a report 'Defaults Filed with Credit Reference Agencies' by Carol
Hufton, from the Citizen's Advice Bureau. It was published in June
1999 by the Data Protection Registrar to 'give the registrars view
on the standards of data quality which should be met when filing information
states that 'the date of the default should not post date the CCJ
or bankruptcy', and that otherwise is 'a breach of the 1st Data Protection
Principle' - 'the re-recording of a default is not acceptable'.
you have any information that you would like honest people to know
about Aktiv Kapital Debt Collectors then send us an email in complete
confidence and we will try to corroborate it with the clowns involved.