The Student Room Group

Is there a difference?

Is there a difference between “Notice of default under the consumer act 1974” and a default notice”?
Reply 2


Yeah it is covered by it. But I just don’t know what the difference is
Reply 3
Original post by Anonymous #1
Is there a difference between “Notice of default under the consumer act 1974” and a default notice”?

No.
Original post by Anonymous #1
Yeah it is covered by it. But I just don’t know what the difference is

there is no difference -

'You may get a default notice or "notice of default" if you miss or do not make agreed payments.

'A default is recorded in your credit file and can affect your credit rating.
An account defaults when you break the terms of your agreement.'

https://www.stepchange.org/debt-info/debt-collection/default-notices-and-missed-payments.aspx

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