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Paying a partially satisfied full and final settlment to remove partial flag
Nickuk84
Posts: 37 Forumite
Hi
I owed £1072, and in May 2014 I agreed to pay £772 in full and final settlement this brought the balance to zero but meant i had a flag of partially satisfied.
At the time I didnt really care I just wanted all my debt gone, however I am not trying to get a mortgage and been told the partial aspect of that may affect it, so I want to get it fully satisfied by paying the £300.
My problem is at the moment it has a date satisfied date of 10/05/2014, if I was to make the payment to fully satisfy it today would that date satisfied date change to 08/10/2015.. as one of the deals with mortgage is that defaults are satisfied for 12 months?
Thanks
Nick
I owed £1072, and in May 2014 I agreed to pay £772 in full and final settlement this brought the balance to zero but meant i had a flag of partially satisfied.
At the time I didnt really care I just wanted all my debt gone, however I am not trying to get a mortgage and been told the partial aspect of that may affect it, so I want to get it fully satisfied by paying the £300.
My problem is at the moment it has a date satisfied date of 10/05/2014, if I was to make the payment to fully satisfy it today would that date satisfied date change to 08/10/2015.. as one of the deals with mortgage is that defaults are satisfied for 12 months?
Thanks
Nick
0
Comments
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default is a default, wouldn't botherDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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