fool

mug1990

Hello all,

After finding this, it's made me feel slightly more relieved.

Anyway, I have been very foolish, I've accumulated 2600 worth of debt, of which have gone to collection agencies, and one of which has become a CCJ.

I've set up payment plans to eradicate this, it sounds more difficult than it is to do.

Learning to control your money is key. Will my credit rebuild it's self once those things have been paid off, fully satisfied with the use of direct debits etc?

Thank you.

Foolish man.

sourcrates

Defaults stay on your file for 6 years, then they vanish, any account subject to a CCJ will be on your file for 6 years from date of judgement, then will be gone satisfied or not.

mug1990

Thank you.

Will they show as satisfied, and once I have fully paid them off. is there ever hope of being able to obtain a loan etc in the future.

Thanks.

DCFC79

mug1990 wrote: »

Thank you.

Will they show as satisfied, and once I have fully paid them off. is there ever hope of being able to obtain a loan etc in the future.

Thanks.

Yes there is hope of a loan but you need to show you can manage money really well.

sourcrates

After six years all your sins are forgiven, and you can then get yourself into even more debt, again !!!

Good luck with that !!!!

mug1990

Thank you.

Wish I had just fixed all this sooner rather than later.

They certainly don't just " disappear "

mug1990

I don't want to get myself into anymore issues thats for sure.

Knowing that I would be able apply for a Mortgage etc is helpful.

Thank you.