- Fri May 20, 2005 10:29 am
Hi everyone, just stumbled on this site as I was trying to find info about Defaults, I am wondering if anyone here could help......back in 1999, my husband and I found we were so in debt that we put our debts in the hands of Gregory Pennington (debt management company), this gave us about 7 defaults between us!, at the time we had no idea what a defaut even was!. Anyway last year we finally finished paying off all our debs, after a nightmare 5 years...but we still have the defaults on our credit file, someone told me they come off in about 6 years, which would be spring next year...but as we only have a cash card bank account which is visa electron, via the Halifax, and we have been told that as of August this will be finishing and we will only have a plain cash card that we can't use in shops or use over the phone. So we need to get an ordinary bank account, but can't because of the defaults...
?1, Does anyone know when the defaults will come off?
?2, When they do, can we get a "proper" bank account?
?3, Does anyone know of a bank we can get a Solo or an Electron card from now?
?4, When the defaults come off will we return to normal status again?
I know from reading this site that many people have more serious problems, but it is so demoralising to have finally paid everything off to find that we are still blacklisted, even though we are so much more careful now!
Thanks, Faith xx