Default removed - score increase

LaurenOE

Hi All,

Looking for some advice. I have recently had confirmation, in writing, that 2 defaults will be be removed from my credit file.

Does anyone know, roughly, how many points (Experian) my score might increase by?

Many Thanks

[Deleted User]

It may go up, or it may even go down. Your credit score means nothing so ignore it.

LaurenOE

For what reason would it go down?

I can't really ignore it - at the moment mine is poor and is dictating much of my financial decisions, hence the reason I need to improve it.

[Deleted User]

It could go down because Experian scores often when anything significant happens on a person's file - such as paying off a loan.

You have to ignore it because it doesn't mean anything. No one sees it but you, so it's not dictating anything. Lenders use their own criteria.

The only thing that matters is your credit history - and clearly not having defaults is better than having defaults.

DCFC79

LaurenOE wrote: »

For what reason would it go down?

I can't really ignore it - at the moment mine is poor and is dictating much of my financial decisions, hence the reason I need to improve it.

Lenders don't see it so don't use it for financial matters.

Your history is what matters.