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please look at this
Jam555s
Posts: 121 Forumite
I have 4 “satisfied” defaults on my credit file from 2004, is it true that,
Granted by just being there it is not good, but as the defaults gets older it has less and less bad impact on my credit score
As underwriters concentrate on how recent credit is run, 0-3years old
Granted by just being there it is not good, but as the defaults gets older it has less and less bad impact on my credit score
As underwriters concentrate on how recent credit is run, 0-3years old
0
Comments
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Yes it is true. With a default on your credit file, you are a financial leper I am afraid. However as these defaults age, it does become easier to get credit. I have had a similar experience, and with just one default due to come off my account in July 08, have just been accepted for a gold card from Citibank.
HTHDon't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0
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