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i had a dept of £1681.26 8 years ago and have never had any correspondence from they, they have now contacted me and asked to have the money paid

Asked by: bernard safe 635 days ago - 3 Answers - 899 views

3 Answers

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As long as its a legit debt then you have to pay or else, your credit score will be affected. If they have already given the case to debt collector, you can talk with them and try to arrange a payment settlement.

Answer by daron 617 days ago
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It’s better to pay in full if you can as your credit score will be in good shape. If you are going to delay this payment, this might affect your credit score as daron said and it will be a block in getting some other loan in future if you need to.

Answer by ganesh 601 days ago
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Having a debt some time before does not justify your liability unless it is written-off. Only thing the debt might be increased due to interest being piled up.
Pls settle it in full.

Answer by Defender 597 days ago

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