one default or two

tote_alley_stressed

Hi, once you have one default against your name does your credit score reflect that and any others that come along? In other words if you have one default and then another does this decrease chances of credit for the next six years? Sorry if this doesn't make sense (if you have one default you may as well have loads)

thesaint

Hi,
The more defaults you get the worse it is.
Some companies will take you on as a customer with a default, if you have two defaults, that same company may have a blanket policy that says that they will not take you on.

The worse your credit report, you will find that the only companies that touch you would not be the sort of ones that you would prefer to owe money to.