Default and 'dropping off' dates

Dabooka

Cheers for the input about how the agencies handle it, I've passed it on and they'll find out tonight which one it's still registering with (she can't recall if it's Experian or Equifax)

fermi

Well with Experian it would be unusual, but not out of the question. They are normally good at removing them, but no system is 100% perfect and occasionally one gets left on in error.

As said, with Equifax though it is par for the course for them to linger for a few weeks beyond their date.

Anthorn

fermi wrote: »

True (well sort of) for Equifax.

Not true for Experian. Experian have systems in place to automatically remove accounts with expired defaults at midnight 6 years from the default date.

Can you please quality your statement by providing a link to that information. Many thanks

And Callcredit?

izools

There won't be written documentation, it's just what we've personally witnessed as happening to our own / friends / relatives credit files

fermi

Anthorn wrote: »

Can you please quality your statement by providing a link to that information. Many thanks

http://forums.moneysavingexpert.com/showpost.php?p=46036013&postcount=5

http://www.creditreporthelp.experian.co.uk/static/ycrhc/1b6c25a95fb5428588da337cdfcd613a.html#qc4dbb673031b476691c9c3bb9128dff5

fermi

Anthorn wrote: »

And Callcredit?

Callcredit are interesting. 6/7 defaults of mine were removed between 10-14 days before their 6 year date.

I had daily access to the callcreditcheck service at the time as it was given for free parrallel with the Noddle trial, so I saw them all go.

Experian_company_representative

Defaults are removed from Experian reports six years from the default date.

James Jones

Experian_company_representative

And just to be clear, this is set up to happen automatically.

James Jones

The_Boss

fermi wrote: »

Correct. If the account has been defaulted, then it is always 6 years from the default date.

It is only on an undefaulted account that it is 6 years from the settlement date.

It is confusing, and the CRAs don't always make it 100% clear that is what should happen, but that is the way it works.

Happy to stand corrected

fuelman_2

At last, I finally find the answer to my question in a previous post.

https://forums.moneysavingexpert.com/discussion/4453409