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How do defaults drop off?
BEAT_THE_DEBT
Posts: 2,219 Forumite
Hi I have read that defaults drop off after 6 years so I thought it was registered once but I just checked my noodle file (free) 
and it shows a default each month how will it ever drop off? Confused 
and it shows a default each month how will it ever drop off? Confused 0
Comments
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BEAT_THE_DEBT wrote: »Hi I have read that defaults drop off after 6 years so I thought it was registered once but I just checked my noodle file (free) and it shows a default each month how will it ever drop off? Confused
What do you mean ?
As soon as the 6 years is up they drop, might not be instant though.
Maybe ive not answered your question.0 -
Hi I wondered because it wasmarked next to each month it would be 6 years from the end? I thought it would be one d on account not d next to each month. Is this just saying still in default payments and it just takes the date it first defaulted into account?0
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The D every month is just a status update on the original default, not a new default. The default and all details of the account will still be removed 6 years from the original default.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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