CCJ query

mcscoobs

Hi all,

I have a CCJ (paid in full), which will be 6 years old this September. Also have a default account for a credit card (paid in full), which is 6 years old in September. I have no other bad debt and my credit score according to Experian, is 840, which is in the "Fair" category still. I do have a couple of credit cards, but these are being paid regularly, haven't missed a payment in years.

My query is this: How much will my credit score be affected after
October, when the above default/CCJ is wiped from my credit report?

Thanks!

Angry_Bear

The "score" itself doesn't actually mean anything, it's the contents of the report that matter - each financial institution will have their own formula to create their own score from the data in the report.

Assuming everything else is fine on your report (addresses ok? On the electoral roll? etc.) then after October you should have a clean credit file.