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Legacy_user
Legacy_user Posts: 0 Newbie
edited 19 March 2019 at 6:24PM in IVA & DRO
Delete - No longer need advice

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  • fermi
    fermi Posts: 40,546 Forumite
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    Amy13 wrote: »
    After checking my credit report on Noddle, I now have a default on one of the accounts included in my DRO (presumably because of the DRO)

    When my DRO has finished next year, will the default show as satisfied? And then drop off my file after 6 years?

    Yes, they should mark it as a satisfied default, which will then drop off 6 years from the original default date.
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  • sourcrates
    sourcrates Posts: 28,878 Ambassador
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    After your monotorium period has ended, and your DRO successfully completed, you may find you have to prompt your creditors to update your credit file to show the debts as satisfied.

    They can drag their feet somewhat, and not all are aware of the correct reporting of a DRO debt after completion.
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