What to do?

Ashamedofmydebt

Hello,

I am looking some advice on my situation. I have a number of defaulted debts which are due to drop off my credit file by November 2016 and a CCJ which will not be settled until 2018. I am looking to get married to my partner within the nxt 4-5 years and obviously don't want my poor credit history to catch up with us in later life. I'm wondering whether it would be best to take out a DMP to pay the remaining DCA's even if the defaults drop off credit file. I'm worried that if I do this the 6 year clock will restart and I will have an adverse credit history for a further 6 years which would obviously affect our chances of a mortgage later

Any advice would be welcome

submarine76

I think it would be a good idea to contact the citizens advice bureu, I suspect as you do that it would likely bite you on the !!!! further down the line... :O)

glentoran99

you wont have an adverse credit history for a further six years, the defaults go 6 years after they are put on, paid or not, if you dont pay though you could end up with more CCJS which will extend your poor credit history