Will paying a debt remove a black mark?

qwerty0223

Went to see a mortgage advisor. Was told that I have a black mark against my name, so can't offer mortgate unless i have 35% deposit.

Black mark is Tmobile (scumbags) so if I pay this will it remove it?

If not, then my life is basically !!!!ed because Tmobile tried to shaft me.


Edit : I spoke with Tmobile and they said it will be marked as paid, my mortgage guy said they could clear it.

glentoran99

Think we need more information, what's the black mark? When was it?

qwerty0223

glentoran99 wrote: »

Think we need more information, what's the black mark? When was it?

I stupidly cancelled a direct debit from Tmobile in 2011 after telling then 3 months to cancel my rolling contract and they failing to do so. So I spoke to my mortgage guy and he stated there was a mark against my score for defaulted payment.

[Deleted User]

If you pay it, it will be marked as settled, which is better than defaulted and unsettled.

Candyapple

It would be a 5 year old default. Some lenders ignore defaults from mobile phone companies. Who is the lender?

You would be better off speaking to a broker as they will know what lenders would suit your situation.