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Capital on- default

I paid less than the min payment in April 2009 and not understanding fully at the time the consequence of my actions and by the time I contacted Capital One my account was placed on default. Since then I have been paying £110.00 per month.
current amount owed 1127.00
Does this mean that in April next year the default will come off my file even though I will still owe money or will it stay on my file as I still owe money although I am paying more than what the min payment would be but at present am not being charged interest. Just keen for this to be put right as once this default comes off my credit file should be back to showing some normality.
thanks in advance

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    A default, and the whole account record will drop off your credit file 6 years after the default date shown on file whether paid or not at that stage.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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