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question re:debt

zoelouise88
Posts: 1,061 Forumite
I signed up to a credit check thing online and its showin one of my debts as defaulted, what does this mean?
Thanks
Thanks
Wins for 2011: ........................
Weight Lose Challenge: 7/1/11 60lbs to lose 23/1/11 17 lbs lost
43lbs to go!!
Weight Lose Challenge: 7/1/11 60lbs to lose 23/1/11 17 lbs lost

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Comments
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It means you havent made the contractual payments due. Have you missed a few payments?I'm Debt Free :j 2/09/2013
Debt at LBM 30/04/2010 £24,109.38,0 -
It means you "defaulted" on the original agreement you made with your creditor.
This is not a good thing and will stop you getting decent credit for about 5-6 years."We want the finest wines available to humanity, we want them here, and we want them now!"0 -
Ah ryt ok, ThankyouWins for 2011: ........................
Weight Lose Challenge: 7/1/11 60lbs to lose 23/1/11 17 lbs lost43lbs to go!!
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