We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

default debt paid will this restart the length of time on credit file

hi everyone.

hopefully an easy one to answer. Whilst checking my credit file i noticed a small default of 32£ from an address i previously lived at
i have contacted the company and paid it off right away. The default had been on my account since November 2009. Will this restart the time on my account or will the default be removed after the standard period.

sorry if this is a stupid question, but I've. Searched high and low for an answer.

many thanks in advance.

Comments

  • The_Boss
    The_Boss Posts: 5,864 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No it won't restart it, it will come off your report in November 2015 assuming this is the date of the default (i.e. 6 years after the default was registered). If it is a different date of default, it will come off 6 years from then.

    Good that you've settled it too :)
  • ah fantastic just the answer i wanted to hear! You certainly go by your name....boss answer :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.