ccjs and default enq - help needed

sam791

Hello. I have a hsbc account (joint) which became overdrawn after a relationship breakdown. I am paying it off with Wescott credit and its due to be cleared in 10 months times however on my credit report its still down as being defaulted even though i am paying this off? Is this right?

Also i have two ccj which will be 6 years next May. How quick will my credit score improve once they have been removed?

Other than these all my other agreements are all up to date.

Thanks

Hazzinho

Yes once the CCJ's are 6 years old they will drop off your file and improve your file. Ignore the score as no one sees it but you and it means very little.

Regarding the default that is correct, once you default on an account it stays in default, the default will remain on your file for 6 years from the default date, ensure the default date the debt company placed on there tallys up with the original default.

sam791

thank you. Can i mark it as settled once it has been paid up?

Hazzinho

It'll be marked satisfied rather than settled which will look better but it'll still display as a defaulted account.