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confused with satisfied marker?

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Hi we satisfied a loan default, and its updated today on husbands credit report
but the report still says default in red, then in the payment section it states satisfied, and theyr put a red marker down for july when it says satisfied june 25th
is this correct
DFBXMAS15 £6600/£6600 100% #143

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    A default remains a default, but is marked as a satisfied one.

    The different agencies show this in slightly different ways on their report. In the monthly status history some will show this as an S for satisfied, while others will still show a D or 8 but report the satisfied status elsewhere on the entry.

    That is just a matter of format and style on how they present raw data to consumers.

    As long as the entry reports the status as satisfied somewhere then that is what a creditor checking from their end would see and take note of.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • I've been in a bun fight (a documented one) with RMA Resolve and Call Credit.
    I now have a response from them that says they will change a marker to Satisfied from the Default that originally showed up on my report.

    Will this suffice to improve my score and give me credit options or do I need to continue the fight to have the default removed entirely?

    Thanks in advance.
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