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Defaults

Hi everyone not sure if i am on the right site here,maybe some one would share any info... i have a number of defaults which reach the six year mark next year, i have not been able to pay any money of the balances.

this year through sheer hard work,(and thank god for lots of overtime) i have started to set up repayment plans with some of these companies, I am not sure what will happen with the defaults will the still drop of my credit history or continue because i have started a payment plan.

thanks

Comments

  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    they should drop off as far as i know
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
  • Tixy
    Tixy Posts: 31,455 Forumite
    The defaults will no longer appear but the accounts probably will - possibly with Arrangement to pay marked against them.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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