We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
accounts and 6 years
slind
Posts: 4 Newbie
can someone tell me if the account has nearly been on my credit report it normally drops off does it make a difference if there has been payments made or not.
0
Comments
-
Hi Slind,
I am not sure I quite understand your post but hopefully a few basics may help. So, if you have a debt that fell behind and defaulted then that debt will appear on your credit file for 6 years from the date of default or judgement. After 6 years the debt will come off your file whether or not there is a balance owing or you have been making payments.
If you have kept your accounts up to date then they will continue to show for as long as you use the credit and your payments will simply be marked as up to date. I hope that helps,
Laura
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards