not paying off debt

leoniestacy

does anyone know what if you dont pay off a debt will it stay on your credit rating or will it go after 6 years?

sistafromanothermista

If you don't pay you will more than likely face the penalty of a CCJ...Why?

leoniestacy

its coming up to the end of the 6 years now, i have moved house and they still havent found me, i read that if i start paying this off now it will stay on my record for another 6 years

leoniestacy

does anyone know?

khowe

After 6 years of no payment it becomes Statue Barred but a debt collector can still try to recover the funds but not by legally. If you pay an amount of the debt the 6 year cycle starts again.

Gordon_Hose

How do you know they haven't already got a CCJ against you??

best get your £2 credit files from Experian and Equifax and sign up for the free service https://www.noddle.co.uk

Tixy

It won't go 6years after non payment.

A credit account debt drops off your credit file 6years after the default date they have entered or 6years after the date the debt is settled.

So it would depend on when and if they registered a default.

As others have said though - if they have already or do obtain a CCJ then this would appear on your credit file for a further 6years (unless you pay it within 1month of it having been issued). If they don't have your address they may have already obtained a CCJ against you and you would not be aware of it.