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Credit scoring - question?

Hi

Does anybody have any idea how long it takes to improve your credit score once debts are settled.........no CCJs or defaults, just that I want to clear my outstanding accounts with some money I'm inheriting.

Thanks

Comments

  • Mikeone
    Mikeone Posts: 184 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    I believe that it stays on file for six years.
    I'm a...I'm a real traditionalist of course
  • BigCraigJohn
    BigCraigJohn Posts: 1,082 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Are you saying you have ccjs or defaults as these are the ones that affect? as above these last 6 years
    If you are asking how long once youve paid the debts off, then it will be a matter of weeks or when your lender next updates.
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