Default: Satisfied - are these correct?

Che75

I just got my credit file and have 3 accounts marked as default - satisfied. I'm not sure if this is correct and would appreciate some opinions.

What happened was I got let go at work no notice no redundancy pay. Had to fight for the redundancy and pay in lieu of notice which took 7 months. During that time I wrote to creditors to advise them of the situation. When I got the pay I paid off the debts in full. Stupidly I moved house and didn't close the accounts properly though so this may have had an impact.

Credit expert says that if the lender closes the account it's a default. I guess technically the lender did close the account but the balance had already been paid. Is there anything I can do to minimise the damage?

Tixy

What is the default dates on your file?

When did you pay then off?

How long were you paying less than the contracted amounts to the debts? If it was 7months then it would be very likely they would default you within that timescale, but if that was the case the defaults would be dated before the date you made the final payment.

Che75

Ah good point thank you I didn't look at the dates!


Yea two look like the month before I repaid. My current account defaulted within 2 months and only 100 over limit which seems harsh I didn't think they defaulted you if you made arrangements with them. I guess I have to wait out the 6 years.