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Default Query

mparter
mparter Posts: 409 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Loans
Was just wondering, from a creditors point-of-view, is it a case of a default is a default, regardless of the amount. Or do they take the amount into consideration?

e.g. a default for £50 is "worse" than a default for £3000?

Comments

  • Warriorsith
    Warriorsith Posts: 441 Forumite
    Part of the Furniture 100 Posts Combo Breaker Uniform Washer
    I'd say a default is a default. I got turned down for a loan last year due to the fact I had a poor Credit file due to it and how long it had been on my file.
    "I AM THE GATEKEEPER OF MY OWN DESTINY" Nacho Libre

    'Proud To Be Dealing With My Debts' :DDFW Member No.495
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