Can anyone help? (Defaults)

daphbec

I have asked a similar question before about defaults and had it all straight in my head but now i'm confused again!!

I know a defaullt comes of your credit record six years after the time you defaulted but does it stilll come off if the balance of that debt is still being paid off?

Thankyou to anyone who can put me straight!!!

Little_Miss_Winner

Shameless bump, for some of the experienced morning crew...

misspoppy

I'm not 100% sure but it only comes off after 6 years if its been paid, then of course it will come off your balance of debt.

Is there a specific reason for asking?

file_wizzard

A default will naturally expire from your CRF 6 years from the date of default, whether satisfied or not.

bobbadog

A creditor has to have a copy of the signed credit agreement and the default notice for it to be valid

Capital One can't find mine, they've asked for 4 weeks.... muhahahah