Credit report update?

Hi,

just a quick one re my credit report. I have previously defaulted but later satisfied account. Will this remain on my credit report for 6 years from the date of default or 6 years from the satisfied/settled date? For info there's 5.5 years between the to dates.

Thank you in advance.

Replies

  • fevlofevlo Forumite
    203 Posts
    Debt-free and Proud!
    The default will drop off 6 years from the date it was first applied
    Sounds like its not long until it goes if there is 5.5 years from date of default and settlement :beer:

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  • emmmskiemmmski Forumite
    78 Posts
    Ninth Anniversary 10 Posts Combo Breaker
    fevlo wrote: »
    The default will drop off 6 years from the date it was first applied
    Sounds like its not long until it goes if there is 5.5 years from date of default and settlement :beer:

    No the default date is 11/4/07 so take it that should drop off fairly soon? Thanks for the reply.
  • fermifermi Forumite
    40.6K Posts
    10,000 Posts Combo Breaker Intrepid Forum Explorer Rampant Recycler
    ✭✭✭✭✭
    emmmski wrote: »
    No the default date is 11/4/07 so take it that should drop off fairly soon? Thanks for the reply.

    Should already be gone from Experian and probably Callcredit.

    May linger on Equifax for a week or three, but will be gone from there soon as well.
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  • Experian_company_representativeExperian_company_representative Organisation Representatives - Private Messages may not be monitored
    2.1K Posts
    ✭✭✭✭
    That's right - we will have deleted the default from your Experian credit report on 11/4/13.

    James Jones
    Official Company Representative
    I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to [email protected] This does NOT imply any form of approval of my company or its products by MSE"

    Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen
  • Kenny_BKenny_B Forumite
    16 Posts
    I have been trying to sort an issue with my credit report, I have three missed payments on one account and five missed payments on another. This was an error on the banks part and have been advised that the bank is contacting the credit agencies to have these removed.

    It also mentioned that I had an account that was defaulted, I had assumed this was to do with the missed payments however looking back through my accounts on Experian, I have 5 missed payments on a HSBC account which has since been settled the last missed payment being 4 years and 6 months ago. Could this be the account that is being referred to as defaulted?

    It doesnt seem to identify which account is regarded as defaulted and Experian have been no help in identifying it either.

    Many thanks
  • That's right - we will have deleted the default from your Experian credit report on 11/4/13.

    James Jones

    DONT THINK SO, We have the report to prove it.

    We had to contact Experian as our default which was due to disappear on 03/03/13 was showing on the credit report nearly a week later even after being told many times its removed automatically. Only after we emailed them to complain and then we still had to wait another 10 days to receive a new report to make sure..

    So dont believe them, always get your report to double check.
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