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Delinquent accounts and defaults.
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Tinytiger212
Posts: 4 Newbie
in IVA & DRO
Hi,
I'm trying to clean up my credit report. I have a few defaults on it which were registered in 2011. Therefore it is my understanding these will drop off in 2017 whether paid or unpaid. Firstly is that right?
Secondly I have two deliquent accounts with British Gas. For quite a lot of money £419 to be precise. These also date from 2011 however I have never paid anything towards them and I have read they will stay on my credit file!!!! They are still deliquent after 5 years nearly and have not been defaulted. I was told that these will remain on my file indefinitely until I mare full payment and close the account. Once I have closed the account it will be deleted six years after that. Is that true!!!???? Will the deliquency deleted from the last payment missed date in 2011 or if I pay tomorrow be deleted from tomorrow's date and be on there until 2022!!!!
Please help me I was going to be debt free soon and my credit rating clear in a year and a half but now I'm told it will be 2022 I'm debt free for some missed gad bills!
I'm trying to clean up my credit report. I have a few defaults on it which were registered in 2011. Therefore it is my understanding these will drop off in 2017 whether paid or unpaid. Firstly is that right?
Secondly I have two deliquent accounts with British Gas. For quite a lot of money £419 to be precise. These also date from 2011 however I have never paid anything towards them and I have read they will stay on my credit file!!!! They are still deliquent after 5 years nearly and have not been defaulted. I was told that these will remain on my file indefinitely until I mare full payment and close the account. Once I have closed the account it will be deleted six years after that. Is that true!!!???? Will the deliquency deleted from the last payment missed date in 2011 or if I pay tomorrow be deleted from tomorrow's date and be on there until 2022!!!!
Please help me I was going to be debt free soon and my credit rating clear in a year and a half but now I'm told it will be 2022 I'm debt free for some missed gad bills!
0
Comments
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Were these included in an IVA or DRO?Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Neither they are just deliquent accounts. But I want to know when they will drop off from date settled or from date of last missed payment?0
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If not defaulted, then it is 6 years from when they are eventually marked as settled.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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