Account Status Code question

butterbear

HI All

I'm hoping someone may help- I'm a little confused!

I had a DRO which completed in 2012, I had to chase Halifax as they were still showing as unsettled- which they updated.

However I checked my file today and the Halifax are still updating my account status code to 8- even though the account is marked settled at the top.

I looked up what account status code 8 is and it said 'account is in default, have not responded satisfactory to requests to bring it up to date' which I don't think is right as the account is closed.

Is this something I should be chasing to get corrected? does it effect my chances of getting other current accounts etc? (not that I'm planning to but thinking ahead!)

Thanks in advance for any advice. :0)

fermi

It's just the way Experian show accounts like that. It's 'normal'.

PaulW922

As your DRO is now complete and you have no further liability on that debt, Halifax should have update the default to 'satisfied or settled'. However as Fermi says, it will remain at status 8 - don't worry about any regular updating - it doesn't make any difference. The default will go six years after the actual date you were notified of it - that date should show on your file.

rizla_king

Some stop, some dont. Dont think it matters either way as the default is a default until it goes and lenders would see it as the same.

butterbear

OK Thanks all :0)