Default after 6 years - how quick to update?

HeyRicky

Hi everyone,

First time poster so apologies in advance.

I defaulted on an O2 account (which is another story for another time) on 02/06/2010 so next week I will have 'served' my 6 years. How quickly do credit agencies wipe that account from your file? Is it immediately or does it take a month or two to reflect?

I'd just like my next Clearscore and Noddle reports to be positive.

Thanks in advance!

fermi

Experian/CreditExpert - drops automatically at midnight at the end of the 6 year anniversary.

Callcredit - same or even a bit earlier - Noddle won't show it dropped until next refresh of your report, but creditors searching you in the meantime will not see it.

Equifax - Often takes them from a few days to a few weeks to drop the default. Clearscore, same as Noddle. i.e. no change will show until the next refresh after Equifax drop it.

HeyRicky

Hi Fermi,

That's really useful to hear, thanks!

spob

With mine it updated on the next month's clearscore report

wideboy09

Good to hear that you've reached that 6 year mark, well done, a default of mine is due to be gone on 15/6 and I'm rather pleased about it

HeyRicky

Cheers! A couple of lenders have taken the chance on me over the past couple of years and I've always kept up more than the monthly repayments. Now it's time to get a good balance transfer card and wipe them out for good!