We had two loans left over from “the lost years”. They both have defaults on them, and they have refused to remove them, so we refused to pay any more than a pittance towards them.
One is due to clear from my credit record in June next year, one Jan 2012. The 2012 one was for a relatively small amount, so after much discussion we finally decided to pay it off. And I just did.
We are hoping that after a few months they remove the default, if they don’t we start the campaign of harassment – REMOVE THE DEFAULT, HAVE YOU REMOVED THAT DEFAULT YET, IS THAT DEFAULT GONE NOW?
If that doesn’t work, we have a new tactic open to us once the account is closed where we harass Experian to remove it as its old information.
Neither of these tactics may work, but its worth a shot. The worst that happens is in June 2010 I am left with one default that was settled 18 months before. Hopefully its better than still having a default.
Besides, between not paying them their cash, and the bank of england repeatedly dropping the interest on our mortgage rate, we might keep some cash in our UK account 😉