We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Credit score goes down after default drops off.

Options
Andybez38
Andybez38 Posts: 1,773 Forumite
Part of the Furniture Combo Breaker
in Credit file & ratings
After checking my credit file. I have found out my credit scored has decreased by 4 after a default has dropped off my credit files. The reason being. The age of my credit files has now decreased in length of time I have had them open. Just another reason why EXPERIAN credit score is useless.
I came into this world with nothing and I'm gonna leave with nothing.

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Andybez38 wrote: »
    The age of my credit files has now decreased in length of time I have had them open. Just another reason why EXPERIAN credit score is useless.

    Maintaining long lasting relationships is a sign of financial stability.
  • A4445
    A4445 Posts: 1,103 Forumite
    My useless score went up 63 when a default came off? No consistency!?!
  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    It's totally random. Like the lottery.

    Save 12K in 2020 # 38 £0/£20,000
  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    edited 16 April 2016 at 11:42AM
    Yet still we get shouted down when we point this out.
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture