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Default Question
tippytop
Posts: 49 Forumite
Hi, please can someone help with a default question i have?
I defaulted with HSBC bank in 04 and have been dealing with Metropolitan Collections ever since. Now, I know that a default is removed from your credit file after 6 years even if there is still money outstanding but if I have been paying a reduced monthly payment since 04 and the default automatically falls off will HSBC/MC put it back on because there will still be money owing?
I defaulted with HSBC bank in 04 and have been dealing with Metropolitan Collections ever since. Now, I know that a default is removed from your credit file after 6 years even if there is still money outstanding but if I have been paying a reduced monthly payment since 04 and the default automatically falls off will HSBC/MC put it back on because there will still be money owing?
0
Comments
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No once the HSBC entry comes off it will stay off. However it may show on your credit file that you are making monthy payments to a company called Metropolitan.0
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